Elon Musk Taps His Inner Trump in Twitter Machinations
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It’s all fun and games until a judge gets involved and the reality of consequences starts to set in.
Maybe Elon Musk will acquire Twitter Inc. before a court-appointed Oct. 28 deadline to complete the $44 billion acquisition rolls around. Maybe the price of Tesla Inc.'s shares, currency that Musk may need to rely on to help pay for the deal, will bounce back from a grinding downturn. Maybe the seven banks that have arranged a $13 billion loan — and stand to lose as much as $500 million on the transaction — will hang tough. Maybe the coalition of rich guys and venture capitalists who promised to chip in $7 billion to support Musk's bid will stick around. That's a lot of maybes, however, even for an entrepreneur accustomed to vaulting past expectations while also peddling ill-...