Deep state via its pension funds that have unlimited access to free cash from Fed in cases like this, will long Twitter. This bidding war cannot be won by Musk.

Deep state via its pension funds that have unlimited access to free cash from Fed in cases like this, will long Twitter. This bidding war cannot be won by Musk. He probably factored this in, and will take significant profit once he dumps his share as he promised. Hopefully that would go towards funding a Twitter alternative.