[noiseman]

Musk has used the process of window shopping for Twitter to expose the fact that they’re not really a business, but rather a fraudulent, biased, political tool. The brilliance of that is that by drawing back that curtain, he has put them in a position where their only hope to remain a going concern is to accept his terms on any new, lower offer (if he makes another offer - I think he will).

Who else in their right mind would invest in Twitter, knowing what they know about the company now? That leaves only Musk between a transformed Twitter or its oblivion.

[vivenne]

Investors could/should sue Twitter for fraud.

[vivenne]

Correct. If they committed fraud they are liable civilly and criminally.

[FLT-bird]

Yep. Whether Musk knew or not at the time that he bid for Twitter, he has them over a barrel now. Now a lot of people suspect a lot of their accounts are fake....ergo the value of the company is considerably less than what the market thought it was before Musk bid.

They will have to accept Musk’s lower bid when it issues it, OR they will have a bloodbath when the deal falls through. Also, the SEC will have no choice but to launch a thorough investigation and will require an extensive external audit. Its too politically embarrassing for them not to do so at this point.

[gr8eman]

What you said! He’s going to get Twitter for pennies on the dollar or it will go away IMO!