It was always a bluff and a gamble. He clearly always wanted to own Twitter. Then the stock market came down. The fact his risky gamble at getting the price re

It was always a bluff and a gamble. He clearly always wanted to own Twitter. Then the stock market came down. The fact his risky gamble at getting the price reduced didn't work is not surprising. Whether or not he's the actual loser here is not clear, a lot of wealthy people own expensive sports teams that lose money but do it anyway because they like it.