> when the penalty is at most $1B This isn't correct. People keep saying this, but it's not true. $1B is the penalty if Musk can't get financing. He has financ

> when the penalty is at most $1B This isn't correct. People keep saying this, but it's not true. $1B is the penalty if Musk can't get financing. He has financing. He has no escape clause now, and this is a transparent and frankly pathetically weak attempt to get out of the deal. If he gets out at all, it will be at a much higher price than $1B. > It seems kind of obvious to me he’s angling to get a nice discount and close, since he has almost all the leverage He really doesn't. He signed a binding agreement to purchase Twitter at $54.20/share and none of the excuses he put in this termination notice hold water. The Twitter board has every right and incentive to sue him for specific performance and that's exactly what they're doing. They are in the legal right and have a great chance of winning.