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I guess if public investors 100% believed Musk would pay, the stock should sit at $44 billion. I guess if Musk is forced to close or to pay equivalent damages,
by CogitoCogito 4y ago
I guess if public investors 100% believed Musk would pay, the stock should sit at $44 billion. I guess if Musk is forced to close or to pay equivalent damages, the value will jump back to that in the end.
- harambae 4y agoExactly. Plenty of people willing to profit off the arbitrage if he's actually going to be forced to buy twitter at the original amount. The current price ($32) reflects be probably won't.