The hottest show in town over the past week or so has been Elon Musk’s chaotic takeover of Twitter, which is less like a usual merger or acquisition and more like gladiatorial spectacle.
Whether Twitter is beginning a long and painful death rattle is certainly a live possibility. It’s clear Musk genuinely did not want to close the deal until the company’s legal action forced his hand, and that $44 billion was a completely absurd price for him to pay.