He offered to buy Twitter of his own volition. Nobody made him do that. He offered a rather high price, and had the option to pay $1 billion to get out of it. His preference was to act like “oh, let’s just forget about that”. Of course the shareholders and executives wanted him to go through buying Twitter at the best price they could possible get, and someone with his experience and level of business dealings would know that “oh, nevermind” wouldn’t work. I’m sure he would pursue someone who signed a contract that would be in his favor and then tried to slink out of it.
But anyway, this investigation is not about the puirchase of twitter. it’s when he bought 9-10% of the company and illegally did not disclose it properly. It’s in the first line of the article…
Securities and Exchange Commission inquiring whether Musk broke federal law in 2022 when he bought stock in the platform
He offered to buy Twitter of his own volition. Nobody made him do that. He offered a rather high price, and had the option to pay $1 billion to get out of it. His preference was to act like “oh, let’s just forget about that”. Of course the shareholders and executives wanted him to go through buying Twitter at the best price they could possible get, and someone with his experience and level of business dealings would know that “oh, nevermind” wouldn’t work. I’m sure he would pursue someone who signed a contract that would be in his favor and then tried to slink out of it.
But anyway, this investigation is not about the puirchase of twitter. it’s when he bought 9-10% of the company and illegally did not disclose it properly. It’s in the first line of the article…