It’s not Pittsburgh, no Punisher decal…
in short, he painted himself into a corner by spouting off about twitter and bragging he could buy it, and it may cost a shit-ton.
Just like when he said he was taking tesla private a few years ago at $420Elon Musk update
there are a bunch of different tweets, but to summarize
part 1.
agreed to buy twitter at $54.20
twitter currently trading at $37
twitter not open to renegotiating.
there is a $1Billion cash break up fee if the deal does not go through, which he does not have
part 2.
terms of his margin loan on Tesla stock is that he must add more capital if TSLA falls below $740
It's currently at $709
he's frantically trying to sell part of his 47% stake in SpaceX to raise capital
part 3.
speculation is he is in some form of SEC trouble again, as well
this would be the reason for his politicized "woe is me" posts of the last day or two,
so he can claim that the charges are politically motivated.
in short, he painted himself into a corner by spouting off about twitter and bragging he could buy it, and it may cost a shit-ton.