1%. That’ll teach him and send a message to anyone who dare do the same thing.
bypdx•1h ago
That's not a fine, that's just a transaction fee
benchwright•55m ago
That's not a transaction fee, that's dropped change.
rapatel0•36m ago
Not to defend Elon, but he spent 40B on a company that dropped in value between the day of his bid and the day of closing by almost half (if i remember correctly). He tried to back out of it but then went forward by twitter at the time sued to enforce the transaction.
150M is small in comparison to the 20B he overpaid by. Investors were well compensated.
xvxvx•1h ago