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this post was submitted on 24 Jul 2023
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The TLDR is that he got pissy at Twitter, made some threats to buy it out, accidentally made some legally binding business decisions (making an offer to buy a majority stake of Twitter), and got sued when he tried to back out. So he had the choice of going through with his offer (which was about 45 billion) or get fined several billions and walking away. That's the way I remember it all going down.