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by mikkergp 1476 days ago
I fundamentally agree with you but I think a few things.

1. There's a small chance they fight because 10's of billions of dollars are at stake.

2. If they do fight I'm pretty sure they lose because I don't think a judge would want to force someone to do something they don't want to do like this, especially when that person is a billionaire.

3. It makes the future popcorn-eating amateur sports analysis in the future interesting(or less interesting?) on these kind of deals, because I think early on there was this sense that Elon Musk was taking this big risk by making a big offer and waving due diligence, and the reality is that risk doesn't work for billionaires the way it works for the rest of is. All this back and forth about the nuances of contract law end up irrelevant.

1 comments

Re: point 2 – a judge wouldn't necessarily force him to carry out the deal, but the judge would likely force him to pay the $1bn breakup fee that is agreed to if he does not carry out the deal.
The judge can force him to pay a lot more than 1 billion dollars. And it's not unlikely either.