If can demonstrate guaranteed financing for this deal from outside investors at $420/share, then he just tweeted material news about his company, and he had all

If can demonstrate guaranteed financing for this deal from outside investors at $420/share, then he just tweeted material news about his company, and he had all the rights to do so. If he can't prove guaranteed financing for this deal, that's securities fraud and SEC investigation is the next step of this drama. Imagine... well, SNAP CEO tweeting "Some rich folks are going to take us private at $50 per share lmao ayee, cover your shorts". This is a market manipulation.