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Ideas on what Musk could do? Maybe he could control much more twitter stock through friendly shareholders. e.g. I buy $1B of Twitter stock with money I borrow
by gloriana 4y ago
Ideas on what Musk could do?
Maybe he could control much more twitter stock through friendly shareholders. e.g. I buy $1B of Twitter stock with money I borrow from Elon and pledge those shares to elect Elon's board members and what not. He'd just need 4 friendlies, and they don't even have to be billionaires.
What can we collectively do to help Musk take control of twitter? Are there are any GameStop short-squeeze strategies here?
- hooande 4y agoIt's a poison pill. My short version understanding is that if anyone tries to control 51%, they can issue more shares to make it too expensive. There may be some kind of WallStreetBets technical maneuver around it. But it doesn't sound like it will be easy
- deleted 4y ago[deleted]