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It will eventually settle. If they sue and win Musk's financing will have long backed out so they aren't going to end up with enough to close the deal. I suppo

It will eventually settle. If they sue and win Musk's financing will have long backed out so they aren't going to end up with enough to close the deal. I suppose they could force him into bankruptcy which would end up with his ownership stakes in Tesla and SpaceX sold off. Given how much of a loose cannon he's become that would probably be better for other shareholders but who knows.

babypuncher 4y ago
> I suppose they could force him into bankruptcy which would end up with his ownership stakes in Tesla and SpaceX sold off. I wouldn't mind watching Twitter do this to him out of spite.
- rocqua 4y ago
  From what we've seen so far, I doubt the Twitter board would do that. I guess they are suing because that's what the shareholders are pushing for.
  - hef19898 4y ago
    And those shareholder's wouldn't like to get a piece of Tesla and / or SpaceX in exchange for Twitter? At, what, 40 billion evaluation of Twitter? Sure as hell I would push the board of Twitter to sue for that if I were a Twitter share holder.
CogitoCogito 4y ago
> I suppose they could force him into bankruptcy which would end up with his ownership stakes in Tesla and SpaceX sold off. I don't think they'd need to force him into bankruptcy. If a judge awards Twitter (say) $10 billion in damages, there are many avenues to seize enough of Musk's assets to pay without making him bankrupt.
- DoughnutHole 4y ago
  Well the best case for Twitter isn't $10bn in damages, it's forcing him to go through with the the entire original $44bn deal. Elon's net worth has already fallen by $65bn in the past few months - I'd imagine the valuation of his assets will fall quite a lot more once it becomes known he's going to have to offload $44bn worth of Tesla and/or SpaceX to finance a bad deal. Elon won't be bankrupt in the colloquial sense of financially ruined, but if he's forced to go through with deal and is unable to finance it he will have to liquidate an enormous amount of assets - and many of his assets are already collateral for existing loans.

babypuncher 4y ago

> I suppose they could force him into bankruptcy which would end up with his ownership stakes in Tesla and SpaceX sold off. I wouldn't mind watching Twitter do this to him out of spite.

rocqua 4y ago
From what we've seen so far, I doubt the Twitter board would do that. I guess they are suing because that's what the shareholders are pushing for.
- hef19898 4y ago
  And those shareholder's wouldn't like to get a piece of Tesla and / or SpaceX in exchange for Twitter? At, what, 40 billion evaluation of Twitter? Sure as hell I would push the board of Twitter to sue for that if I were a Twitter share holder.

CogitoCogito 4y ago

> I suppose they could force him into bankruptcy which would end up with his ownership stakes in Tesla and SpaceX sold off. I don't think they'd need to force him into bankruptcy. If a judge awards Twitter (say) $10 billion in damages, there are many avenues to seize enough of Musk's assets to pay without making him bankrupt.

DoughnutHole 4y ago
Well the best case for Twitter isn't $10bn in damages, it's forcing him to go through with the the entire original $44bn deal. Elon's net worth has already fallen by $65bn in the past few months - I'd imagine the valuation of his assets will fall quite a lot more once it becomes known he's going to have to offload $44bn worth of Tesla and/or SpaceX to finance a bad deal. Elon won't be bankrupt in the colloquial sense of financially ruined, but if he's forced to go through with deal and is unable to finance it he will have to liquidate an enormous amount of assets - and many of his assets are already collateral for existing loans.