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Message
re: Biden is Weighing Decision to Block Elon Musk’s Twitter Buyout
Posted on 10/23/22 at 7:40 am to PhtevenWithaV
Posted on 10/23/22 at 7:40 am to PhtevenWithaV
quote:
After he does the buyout there wont be any more shares on the market twitter will be a private company, so there won't be a market price of $49 or $55 or anything.
Clearly. You missed my point. The point is the value is likely higher than the purchase price to Elon, which seems to be something the left denies. Eurocat, cwill, and Decatur all peacocking that Elon is getting ripped off. If the value is currently around 50 and an 18% discount is normal for valuation purposes of non closely held or closely held with multiple owners, then the true value of Twitter to Musk is likely higher than his purchase price.
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