Yep so that Elon can step in and buy it
So it is more of a question to the bankruptcy court itself, as I would agree that there's no value in Infowars without Jones. So my opening bid to the court is $1.
He paid $44B. He probably could have got it for less at the time, but if you think it's not worth that, I'm not sure what to tell you. It's literally where all news gets broken. All of it. And he's using it to influence global politics.
Not everyone thinks this. Are you talking about the financial geniuses in the comments?
>To the point, he was forced by a court to honor his original higher price than what he wanted to pay after re-evaluating it.
What's your point? The original comment was to imply "Haha! Elon overpaid for Twitter!". The company is worth more than $44B. Not sure why you're quibbling about being able to buy at the absolute rock bottom price, even when he got and will continue to get value from the purchase.
It's indisputable that Twitter was worth $44B at the time of the sale because by definition the price of something is what the buyer and seller agree to perform the transaction.
What's also indisputable is that even Elon Musk was refusing to pay that much for Twitter and tried to back down until he was sued to force him to put his money where his mouth was.
I know you think this is some kind of deep philosophical insight, but there's an entire industry built around getting value from an asset beyond the price paid. We don't live in a world of perfect information.