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Comment by mrweasel | Hacker News Reader

> it's worth less than half of what he paid for it

But it was always worth less that half of the purchase price. The Twitter board completely ripped of Musk. Remember that he tried to back out of the deal, arguing that he had been lied to in regards to the number of bots and actual users.

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The Twitter board ripped him off? When he was the one who brought in the initial offer? He tried to back out of the deal once people told him how foolish he is.

> Remember that he tried to back out of the deal, arguing that he had been lied to in regards to the number of bots and actual users.

True but since he never provided any hard numbers, especially after totally owning the thing, makes this point moot.

> The Twitter board completely ripped of Musk.

He ripped himself off because he couldn’t keep his big trap shut.

Did he argue in that case that it was worth less than half the purchase price? I do recall he argued it was a material misrepresentation by twitter, but that the terms of the contract ran against him there. I do not recall it having been valued to that extent. It did seem like a facially bullshit excuse at the time. I'm curious as to why you're credulously repeating it now, after it's already been disposed of.

This argument has been made, at length, in court. It was found wanting.

Good thing 35% of the country still trusts the courts https://apnews.com/article/donald-trump-joe-biden-courts-ame...

Not at all relevant. Address the merits of the argument, not whether or not most people like the person who heard it. Though you'll be happy to find out that this disagreement never actually made it to court and eventually Elon went through with his original deal voluntarily.

You'll remember that first he waived the right to make his offer contingent on that fact, then he tried to back his offer out because of that fact.

They ripped him off? He made an unsolicited offer, signed, sealed and delivered.

When you're used to having an entire team of people to act as a buffer between your impulses and their easily predictable consequences following through on your commitments and getting exactly what you asked for feels unfair.

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