There are reports that Elon Musk stated that he wants to buy Twitter for 43 Billion $ .
Now assume that he sells more shares os Tesla ( let’s say 30 billion $ worth) he would have to pay capital gains tax on the shares he sells that could add another 4 billion or more to the price. If Mr. Musk sell shares in Tesla the price of Tesla stock will go down ( by a lot according to my thinking) by a lot.
If by some strange chance he is able to borrow most of the money π° it will still really boost the cost of buying the stock.
What else is wrong with buying Twitter? Does Twitter make a lot of π°? No Twitter is a money loser π.
There is no longer a value of a market cap π§’, who knows the value of Twitter might even be less then 10 Billion π². I’m just thinking π€ if Mr Musk wants to throw money money way, toss some my way.
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