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I'm guessing the board will have spoken to most large shareholders and they've indicated that they don't want to accept Musks Bid. I don't think any large shar

I'm guessing the board will have spoken to most large shareholders and they've indicated that they don't want to accept Musks Bid. I don't think any large share holder has come out publicly in favour. It's below the price Twitter was most of last year and if they agree that Twitter has economic potential selling isn't in their interest. https://twitter.com/Alwaleed_Talal/status/1514615956986757127 https://twitter.com/Alwaleed_Talal/status/151461595698675712... Ironically, a way that Musk could get support is by offering to let some large share holders retain their ownership (and screw the retail investors). But he's said he "doesn't care about the economics at all" - which isn't going to impress many investment funds.

systemvoltage 5y ago
This is silly. I don't think instituational investors such as Vangard would take what he said in the TED interview literally "Doesn't care about the economics at all". He has said that about Tesla indirectly and it is one of the most extraordinary companies ever. What he meant is he wants to build a great product.
mywittyname 5y ago
I would vote against Musk's bid, but that's because I think the offer was clearly a publicity stunt. He wanted it to be rejected so he someone would listen to him complain able the board. He's at least $50 off from making a genuine offer. Or, $150 per share, if he wants to back up that claim about not caring about the economics.