Yet Another Value Podcast cover image

Chris DeMuth's State of the Markets October 2022 (with a large TWTR focus!)

Yet Another Value Podcast

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Cfius

Bloomberg reports Biden administration is concerned about what Elon said and they're doing a national security review all of his holdings SpaceX is thrown in there Twitter's thrown in there obviously for our purposes the Warriors Twitter. But my very strong sense is that this is something that they had been considering from the beginning, and even though they did not file a CFIUS application, they have CFIUS Council. The equity minority holders have to be approved by Twitter and they can simply reject it. And Elon still responsible for his duties which would require him to try to cooperate with not name CFIUS but approvals and reviews that CFIUS would come under.

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