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can someone explain why you'd spend $210/share rather than just buy on the open market at ~$50/share now? Are the $210 shares better in some way? Why would the $210 price double?

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If I had to guess it was probably 8 shares total for the price of 4.

Who is buying shares at $210?

It's a bit confusing; it's not $210 a share, but that was the exercise price for the poison pill bonus shares.

https://twitter.com/matt_levine/status/1516047634812833799

so if they buy it at $210, but can sell it at $420? who buys it at $420? Twitter?

They would've had the right to purchase $420 worth of stock for $210.

Functionally, a stock split for everyone but Musk. Hence, poison pill.

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