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However the price of Twitter is up solely based on Musk changing his mind again saying that he now plans to complete the deal.

I don't think he does. Every market swing is known in advance by Musk. He must be aware that his statements have great power in terms of market price. If the previous CEO of Nikola is charged with fraud due to lying to investors, then it only makes sense and perfect completion to charge the CEO of Tesla as well.

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it's not "solely" based on that. icahn's rationale merger arbing the stock was he valued it in the 30s anyway so not a bad buy. but... yeah word of whether a deal that pays a substantial premium will go through or not can move the stock, duh. this is true of most other pending mergers elon's just more volatile so there's a lot more risk than in a typical go private.

i do not doubt the SEC is looking at him hella hard rn, he's probably not stupid enough to try to trade like that.

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