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Elon Musk's networth is a big mystery. Not because its private information (we all know Musk's holdings for the most part), but because in 2 or 3 months, the Fe
by dragontamer 5y ago
Elon Musk's networth is a big mystery. Not because its private information (we all know Musk's holdings for the most part), but because in 2 or 3 months, the Fed will meet a few more times and may raise interest rates again.
TSLA's stock price may be $1000 by then, or it might be $500. If its $500, Musk may not have the physical money to finish this buyout offer, even if he wanted to.
This entire deal was made when Tesla was near $900 or thereabouts. But then the stock market started to change severely, the bond market changed severely, and now there's a lot of uncertainty if anyone really has enough money for everything to go through fine.
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Twitter's board has to keep both possibilities in mind. If Elon Musk's buyout offer fails (either due to Musk personally, or because of changing prices which rekt Musk's networth), Twitter will still need a plan for a Musk-free Twitter future.