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by tsimionescu 1521 days ago
The parent believes, based on Elon's own claims, that part of his plan of raising the money is to get some existing shareholders on board, essentially having them finance the deal, obviously by promising them a stake in the future private company.

They are also assuming an existing shareholder would only do this if they believe the future private Twitter would be a more profitable endeavor for them, which Musk's comments really shouldn't inspire confidence in.

2 comments

That does make it seem less serious IMO, given he made the same claim about somehow keeping shareholders when he pretended he was going to take Tesla private
Ah, thanks for clarifying. I misread the parent's comment. Looks like they were referring specifically to the shareholders that choose to stay on as investors.