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Comment by DelaneyM

For anyone thinking he can pay the 1B$ termination fee and walk away, it's not that simple.

The 1B$ is a "reverse breakup" fee, and applies when an outside force (like SEC or financing) prevents the deal. That 1B$ has nothing to do with any choices on either side, and is unlikely to factor into this process.

At this point they're clearly going to trial, and it's not unlikely that the cost to Elon will be somewhere in the neighborhood of the difference between the fair current market value (~20B$?) and the purchase price (~44B$).

My guess is it'll end up being ~10-15B$.

parent DelaneyM 4 years ago

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