Just for the heck of it, lets say the average price that Elon paid for each of his 73,486,938 shares of twitter was $34.
The current price of one share of twitter = $50.53
$50.53 - $34 = $16.53 profit/share.
73,486,938 shares x $16.53 = $1,214,739,085 profit in 21 days.
I’d say Elon has the Midus touch.
It certainly was “Lucky” that AU, TS, Parler & others took market share away from Twatter over the last year, which apparently drove down TW stock price, coincidently, that way EM could smartly buy TW stock back near its bottom. Was it planned? Biz is Biz in the big corp world? Almost sounds like a Trump, the biz man, move?
