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The $1B fine is if Musk can't raise the capital - he's already submitted to the SEC how he has raised it - the contract gives Twitter the right to force him to
by helsinkiandrew 5y ago
The $1B fine is if Musk can't raise the capital - he's already submitted to the SEC how he has raised it - the contract gives Twitter the right to force him to close. Only a massive Tesla stock collapse would perhaps result in him being able to walk away with the $1B fine.