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No cash transaction took place. But somehow, Twitter investors are about to exit through the largest IPO in history.
Elon Musk acquired Twitter for $44 billion and quickly lost half its value, a blow to his investors.
He needed to restore these investors' wealth without spending cash. So he did the following:
He merged Twitter with xAI, thus making Twitter...

no cash bro
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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