The Elon Musk v. Twitter saga | Learn the phrasal verb ‘side with’
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Elon Musk and the Stock Market Tanked
Twitter and Elon Musk signed an acquisition agreement that required musk to pay 54 dollars and 20 cents per share for all the shares he didn't already own. If you don't get the joke, just look at the last three digits of the number, 54, point two zero. Then a funny thing happened. The stock market tanked. And that meant two bad things for elon. First, all of twitters peer companies declined in value, which meant twitter was worth less too. Now, if tesla fell in value, musk himself was worth less money. So he was simultaneously paying too much, and he had less money than he did before. For those two reasons,
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