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's stock price rose more than 22% to $52 by the close of the US stock market.
So in the face of this scum scum scam over and over again, should we trust this scum guy? I probably don't believe it, but Yilong did a good job of not losing out if he had to take responsibility.
First, the original intention of doing this was to prevent the court ruling from having all kinds of negative effects on itself. The trial was originally scheduled to begin on October 17. A Delaware judge on Tuesday asked both parties for advice on how the case is going now. As this day approaches, according to the law, it is likely that it will be recommended that Yilong continue with the acquisition. Once these land, they will place the dragon in a passive position. Yilong has always been a “my life is up to me, I can't help it” owner. Naturally, he doesn't wait for this day to come, so he turns 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, and US bond yields are high...