Will Elon Musk back out of the deal to buy Twitter?
Jan 1, 2023
M$5,494 bet
This market resolves to "YES" if Elon Musk reneges on his offer to buy twitter. It resolves to "NO" if his offer to buy twitter closes. If the terms are renegotiated and he winds up buying it, it sill counts as "NO" because he did buy it. #Economics #Twitter #Politics #ElonMusk #Technology

Retsam19 bought M$25 of YES6 days ago

Hedging real market money with fake internet points, this is how you do stocks, right?

Lars Doucet is betting YES at 26% 9 days ago

AP: "Elon Musk says his deal to buy Twitter can't move forward unless the company shows public proof that less than 5% of the accounts on the platform are fake or spam." https://twitter.com/AP/status/1526482930108977152

Gigacasting bought M$9 of NO9 days ago

He brought in dozens of investors and is reputationally committed, he's just negotiating. (Market has tanked, Twitter would be worth much less after a deal broke, and the platform really is dominated by click farms in a certain country).

David Bolin sold M$32 of YES13 days ago

Don't know if people realize this, but Musk does not have the legal possibility to walk away from the deal if Twitter insists on it. It is not true that he just has to pay $1 billion to get out of it.

BTE is betting YES at 20% 6 days ago

@DavidBolin This is correct. A Delaware judge can absolutely force him to follow through and there is nothing Musk can do about it. Only Twitter shareholders can kill it now.

Bolton Bailey is betting NO at 19% 13 days ago

https://twitter.com/elonmusk/status/1525049369552048129 Musk says deal "temporarily on hold"