The point presumably is that the valuation in a round is paper money. Whereas Elon's group have just offered cash, so they've set the actual value. The law migh

The point presumably is that the valuation in a round is paper money. Whereas Elon's group have just offered cash, so they've set the actual value. The law might only care that the non-profit gets a market cash value actually bid, not the speculative value that it could have based on multipling how much some shares were sold by the number of shares.