7 pointsby 1vuio0pswjnm74 hours ago3 comments
  • rapatel03 hours ago
    Not to defend Elon, but he spent 40B on a company that dropped in value between the day of his bid and the day of closing by almost half (if i remember correctly). He tried to back out of it but then went forward by twitter at the time sued to enforce the transaction.

    150M is small in comparison to the 20B he overpaid by. Investors were well compensated.

  • xvxvx4 hours ago
    1%. That’ll teach him and send a message to anyone who dare do the same thing.
  • bypdx4 hours ago
    That's not a fine, that's just a transaction fee
    • benchwright4 hours ago
      That's not a transaction fee, that's dropped change.