RE: Elon Musk Buys Twitter (Entirely) 05-01-2022, 03:37 AM
#10
(05-01-2022, 03:32 AM)Dismas Wrote: Elon sold about $8.5 billion in Tesla shares, in order to facilitate the buyout:Very bold. We'll see how the buy goes in the coming days. He fulfilled the promise of making the source open to the world, at least. That's already a huge step. I didn't even know the company had a private repo until it was made public.
https://arstechnica.com/information-tech...tter-deal/
Leveraging stock in a car company, to buy out a social media company is definitely an odd move.
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