> Elon would back out.... He doesn't even have funding lined up Can one just walk up to SEC and file an offer to buy out a company all-cash without showing som

> Elon would back out.... He doesn't even have funding lined up Can one just walk up to SEC and file an offer to buy out a company all-cash without showing some evidence of how they plan to arrange the money? Isn't there an entry barrier? Also, shouldn't there be a clause to penalise backing out? If not then one could toy around with the share prices as you say, no?