This does mean that Elon bought twitter with the worst timing possible. If he had waited just a bit he could have bought it for much much less.
If this continues, if all of Poal chips in together we can buy facebook four months from now.
The good news is BlackRock is a major owner in each of these. The bad news is BlackRock is integrated with the Fed now and money isn't really an object for them so they probably don't care.
This does mean that Elon bought twitter with the worst timing possible. If he had waited just a bit he could have bought it for much much less.
If this continues, if all of Poal chips in together we can buy facebook four months from now.
The good news is BlackRock is a major owner in each of these. The bad news is BlackRock is integrated with the Fed now and money isn't really an object for them so they probably don't care.
(post is archived)