Hacker News Reader

IIRC he claimed that this was his only offer and that he would sell if it was refused.

> Mr. Musk called the bid his “best and final offer,” adding that if his proposal isn’t accepted “I would need to reconsider my position as a shareholder.” Mr. Musk earlier this year built a position of more than 9% in Twitter.

Source: https://www.wsj.com/articles/elon-musk-offers-to-buy-rest-of...

He could sell it for higher? People would probably buy the shares at higher price if they knew it came from Elon.

No, that's not how it works :).

That is how Elon fandom works. He could sell paper shares at a premium.

Reply on news.ycombinator.com