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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMusk Needs 'Massive Loan' or Big Tesla Sale to Buy Twitter
The market did not take Muck' s offer seriously. Normally if there is a real or credible offer, the stock moves into the hands of arbs and the price moves to be close to the offer price. Here Twitter's stock did not move because the market does not believe that Musk is credible and it is doubtful that he can finance this offer
Link to tweet
https://www.bloomberg.com/news/articles/2022-04-14/musk-needs-massive-loan-or-big-tesla-stock-sale-to-buy-twitter?srnd=premium&sref=nNOdD5kh
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Musk Needs 'Massive Loan' or Big Tesla Sale to Buy Twitter (Original Post)
LetMyPeopleVote
Apr 2022
OP
happybird
(5,393 posts)1. Or do they just think he's full of shit?
Thats the way Im leaning. Poor Elon wasnt getting attention, what with the war going on and all. How better to refocus attention on himself than announcing hes trying to buy Twitter. Ugh. Hes such a narcissistic d-bag.
dchill
(42,660 posts)2. Can't the US Govt just subsidize him some more?
That always makes him feel better.
DBoon
(24,983 posts)3. Must the loan be in dollars?
Would he accept rubles, for example?