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So completely irrelevant to the claim that Musk's ownership bid "dragged down the price" which is clearly false. Of course some investors believed it was possi
by shkkmo 3y ago
So completely irrelevant to the claim that Musk's ownership bid "dragged down the price" which is clearly false.
Of course some investors believed it was possible to hit $77 again, but the probability and timeframe of doing that apparently seemed worse than other available investments given the economic conditions that lead to that price in the first place. This is why the general consensus is that Musk overpaid for Twitter given the market conditions when he bought it.