If the payout would be substantial, it would be dumb for Musk team not accept and buy Twitter at that point and do a later IPO at a new price after restructurin

If the payout would be substantial, it would be dumb for Musk team not accept and buy Twitter at that point and do a later IPO at a new price after restructuring. There’s not much for Musk to loose by playing it out like this. In the end they buy it, they don’t, or they settle before then. Paying a large fine is in neither sides best interest. Twitter shareholders have to get the best result : anything less than $50/share would likely be a nonstarter if closing remains an option.