Musk was probably encouraged, even helped to buy twitter so high

[Iwasthere]

As long as he gives free reign in twitter to the secret investor(s). I do find it interesting that he appears to want to be a peace broker at the same time as this possible buy. Putin?

[WarGamer]

1. That's silly... he's the world's richest man.

The deal is backed by his own TSLA stock.

Any financing is institutional. There IS NO "boogey man".

Ever heard of the SEC?

They comb through every detail of a deal like this.

[enid602]

2. Putin

Yes, Putin is the world’s richest man.

[WarGamer]

3. I thought it was Morgan Fairchild... yeah Morgan Fairchild.

"When I was going out with her... yeah I told her about this great idea i had about fake money... yeah I called it BitCoin, yeah that's the ticket, BitCoin... then she invented it and yeah called herself Sakatoshi... yeah and then she gave me half... and for sure, Morgan Fairchild is the richest person in the world..."

[SCantiGOP]

6. Putin not close

The Sultan of Brunei technically owns his entire oil-rich country.

[tinrobot]

4. Doubtful that institutional investors will pay roughly double the real price for Twitter.

It's not worth $54.20, which is why this has become such a mess. Elon doesn't want to waste his own billions on it, and he can't drum up the financing to make it happen through regular channels. The only reason the stock has gone up is because investors are betting he'll be forced to buy it at that price.

His sudden promotion of Russia over Ukraine may be a coincidence, but weirder things have happened. He got rich by leveraging other people's money. The Twitter deal will be no different. If he can get the money elsewhere, he'll do it.

[Iwasthere]

5. Still, I don't trust Musk's motives re ownership of twitter

[WarGamer]

7. definitely don't trust his motives...

[Eugene]

8. Musk isn't financing the deal with just his own money.

Even for Musk, $43 billion is a lot of money to own the libs.

He has backers like Larry Ellison, Sequoia Capital and the chief of Binance.

[WarGamer]

9. Which is why I said institutional investors.

And they're only doing it because of his TSLA ownership... like I said.

The deal is backed by his own TSLA stock.

Any financing is institutional. There IS NO "boogey man".

[delisen]

10. The SEC let Madoff report impossible returns and did not protect investors.

I am sure you know more about the SEC investigation of deals than I do- but there are reasons some of us are skeptical.

[former9thward]

11. Members of the public could not buy into Madoff's fund like a stock on the stock exchange.

Yes, the SEC failed to do much for many years with Madoff, but it was not the run of the mill investor who was being defrauded. The SEC has different standards (and should) for publicly offered stock like Tesla or Twitter. The SEC expects (and should) that a wealthy person investing into a fund like Madoff's has the ability to do due diligence on their own.