elon just pulled out… soggy mess

hey everyone kevin here so it begins

elon musk and his attorneys have filed

to terminate the twitter deal they filed

this with the sec the board of twitter

is not very happy they are now

threatening to sue elon musk this is

breaking news this has just happened i'm

30 000 feet in the air trying to uh you

know stay up to date on this here so

here's what happens next in my opinion

number one twitter stock drops as it is

in after hours and number two tesla

stock goes up as it is in after hours

thank you elon for the buy the dip

opportunity next

the big shareholders at twitter will

start complaining the vcs the special

purpose entities they will start

complaining to every executive and board

member at twitter to get this deal back

on the rails even if it means a slight

discount then the board likely via their

agents will in my opinion float

through their agents to elon's agents

hey you know uh what would it take to

get the deal back on the rails so we

don't have to go through years of

lawsuits and years of discovery over

spam bots and all this nasty information

coming out about twitter see if i were

at twitter on the board right now i'd be

like run this company right figure out

what the spam bots are what the actual

numbers are do the right thing and

reveal the truth even if that means the

truth is higher than what you've

previously disclosed just say look we

finally did the real math on it oh well

deal with the repercussions but get the

truth out there but anyway at that point

i think elon might actually come back to

the table i really believe that

again the uh the chairperson of the

board of twitter is now threatening to

sue uh elon musk for specific

performance which is not suing him for

the one billion dollar cancellation fee

it's suing him to actually complete the

deal that is performance that's

different from a billion dollar walk

away fee uh obviously the billion dollar

walk-away fee is a drop in the bucket

compared to actually completing the deal

at a valuation that's somewhere around

10 to 15 billion dollars more than

twitter's current evaluation so we'll

see where this goes but hey the truth

always wins and uh i don't think this is

over i think i still think just wait we

are going to get our price reduction

this deal will be coming back stay tuned

and thank you for watching good luck