Bloomberg stories that Elon Musk has mentioned to suggest shopping for Twitter at $54.20 per share, the orignial value.
For those who’ve adopted the courtroom proceedings, they don’t seem to be going properly for him. Shares of TWTR had been paused for volatiltiy at $45.40 on a circuit breaker.
David Einhorn can be having an excellent day if this information is true.
In the meantime, shares of Tesla have fallen about $10 to $247 on the report on expectations that Elon Musk might want to promote shares to fund the takeover.
Replace: Shares have now reopened at $49.835
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