I read that if Musk backs out now he is subjected to a Billion Dollar “ Breakup Fee”, whatever that is.
Not if he was misled. That 5% bot ask is trying to see if he was misled or not.
If so, bail, save your cash, Twitter stock goes to 17 bucks.
If so, stay, re-price and get it a lot cheaper.
If not - he's exactly where he was at the start. Nothing lost.
And his number was from Twitter's public SEC filings so it's not arbitrary- either you're telling the truth which is great or you're lying to me and the SEC and that means I get it cheap or it disappears.