Elon Musk and his acquisition of Twitter have been two of the largest headline grabbers of the 12 months in 2022. The richest man on the planet and CEO of Tesla and SpaceX, Musk had lengthy been excited by shopping for Twitter, claiming that his penchant for freedom of speech and the platform’s lack thereof was one thing he wished to repair.
He made it so final 12 months when he bought your entire entity. Beginning by buying particular person shares, Musk finally labored his approach to proudly owning 9.2 % of the corporate by his stake holding alone. However in April, he made a bid to purchase Twitter outright, providing $43 billion to take over 100% of Twitter’s inventory, coming in at $54.20 per share.
Elon Musk Twitter Odds: 37% Probability That Musk Sells Social Media Platform
Ought to I step down as head of Twitter? I’ll abide by the outcomes of this ballot.
— Elon Musk (@elonmusk) December 18, 2022
It hasn’t precisely been a match made in Heaven. The product itself has suffered, with customers complaining about new options or helpful ones that have been taken away. The corporate suffered huge layoffs when Musk took over the reins, and most of the controversial individuals and extremists that Twitter banned have been making a comeback below the umbrella of free speech. There are ads in all places, together with the remark sections, and there may be after all paying $7.99 a month to change into a verified account.
Musk’s pockets suffered, as properly. He took loans out towards his Tesla inventory, and the corporate’s inventory market worth dropped by over $100 billion the very subsequent day.
The playing retailers have taken notice of the turmoil and have launched odds on whether or not Musk will promote the corporate by December thirty first or not. Through BetOnline.ag, betting “No” on him stepping down will get you odds of -250, a heavy favourite. Oppositely, the wager that he’ll certainly promote sits at +170.
| Will Musk Promote Twitter | Odds | Play |
|---|---|---|
| No | -250 |  |
| Sure | +170 | |
Extra Musk Twitter Odds: Will He Be Charged Or Fined By The SEC?
There have been individuals who have opposed Elon Musk’s acquisition from the very starting, and he even posted a ballot on his Twitter account, asking individuals if he ought to step down because the CEO of the corporate. 57.5 % of the outcomes got here again with a “sure”, and Musk then mentioned that he would resign “as quickly as I discover somebody silly sufficient to take this job”.
There are additionally odds on whether or not the U.S. Securities and Trade Fee will cost or wonderful Musk in 2023. He has been sued by the SEC beforehand up to now, and his “shoot from the hip” model of posting on his private outlet offers it a very good probability of taking place once more.
Each “Sure” and “No” on the SEC wonderful/cost wager are available in at -120.
| Musk Charged/Fined By SEC | Odds | Play |
|---|---|---|
| Sure | -120 | |
| No | -120 | |
