[matwood]

Musk is on the short end of this stick. The deal as I've seen is fairly air-tight. I also don't think he ever had any intention of buying Twitter, and let his lack of impulse control get the best of him. Very intelligent people do stupid things all the time.

The $1B breakup was for a narrow set of cases, outside of those he's on the hook for the whole amount. Every move now is just part of the negotiation for how much he's going to pay get out of the deal.

There's also a moral hazard here. If Musk is allowed to walk away with zero consequence, he was able to hold Twitter hostage for however many months where they could have potentially had other suitors. It writes the playbook for other large companies to do the same.