1. I was a bit hasty back in April. Elon Musk did not, in fact, buy Twitter that month. But now he has. The six-month delay, which likely cost incredible sums in legal bills and caused upheaval in Twitter HQ, is over. Musk saved $0 on the purchase price.
2. The deal is the largest take-private since 2016 (when Dell bought EMC in a $67bn deal), the third largest in history (after Texas-based Energy Future’s acquisition in 2007) and overwhelmingly the biggest one led, funded and controlled by a private individual.