Of course, if the deal doesn't go through, the price will collapse before he can... | Hacker News

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		LatteLazy on April 14, 2022 \| parent \| context \| favorite \| on: Elon Musk makes $43B unsolicited bid to take Twitt... Of course, if the deal doesn't go through, the price will collapse before he can sell...

thehappypm on April 15, 2022 [–]

This exactly. When you sell stock it’s not to some magic black box. There needs to be a buyer. And no buyer is going to buy billions of dollars of Twitter stock once Elon starts his fire sale.

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