Musk can play
On Tuesday, October 5, local time, Tesla CEO Elon Musk (Elon Musk) responded on social media Twitter about once again agreeing to push for the deal, saying, “The acquisition of Twitter is a catalyst to accelerate the construction of Universal App X”
Musk made the proposal in a letter to Twitter on Monday, according to a document submitted to the US Securities and Exchange Commission (SEC), which also confirmed earlier media reports.
Stimulated by this news, Twitter shares rose more than 22% to $52 by the close of the US session.
Well, in the face of Yilong being scammed over and over again, should we trust this scum guy? I probably don't believe it, but Yilong also did a good job of making sure that if it had to take responsibility, it wouldn't lose anything.
First, Yilong's original intention in doing this was to prevent the court ruling from having all kinds of negative effects on itself. The trial was scheduled to begin on October 17. A Delaware judge on Tuesday asked both parties to make suggestions on how the case should proceed now. As this day approaches, according to law, it is likely that Yilong will recommend that Yilong continue with the acquisition. Once these land, the dragon will be placed in a passive position. Yilong has always been the master of “my life depends on me”. Naturally, he wouldn't wait for this day to come, so he turned passivity into initiative.
There is still a long way to go until the actual acquisition is completed. Whether it can be realized also depends on whether he can obtain the necessary debt financing and whether the court can “immediately suspend the lawsuit.” This is a difficult time for banks to sell bonds. With US bond yields at a multi-year high, if banks such as Morgan Stanley (MS.US) try to sell the unsecured portion to investors, they may lose hundreds of millions of dollars on this
Moreover, Yilong is now throwing out this news, which is tantamount to leaving room for imagination to “build a universal application X” in the event that it eventually has to be purchased, which is also conducive to boosting stock prices and taking advantage of this wave of US stock rebound to raise stock prices. The purchase price was set according to July. If an acquisition is to be made, the cost is fixed. Now the stock price is raised. Once a scum man is required to take responsibility, it also guarantees that the acquisition will not be lost.
What I want to explain is that although I think Yilong is still cheating this time around, if Yilong actually buys Twitter, I would be happy to see it. Although Yilong sold 75% of BTC, after all, it was 25%, and according to Yilong's urinary nature, adding BTC and other crypto positions in the future is basically a no-brainer. Yilong is an unprofitable person early, and his return is definitely a huge benefit for crypto sentiment. Also, I have SHIB. The news that Yilong is once again buying Twitter has already spurred Doge and SHIB to increase by more than 5%. This takeover drama is getting better and better. $Tesla (TSLA.US) $
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