The Clap Greenlight Capital took a stake in Twitter last month following the conflict between Musk and the social media giant.
The Deets According to Reuters, Greenlight had taken a stake in Twitter, paying an average of $37.24 for the stock.
According to Greenlight’s founder “At this price, there is a $17 per share of upside if TWTR prevails in court and we believe about $17 per share of downside if the deal breaks. So we are getting 50-50 odds on something that should happen 95%+ of the time.”
Greenlight’s founder also argues that the Delaware Court, the most prominent business court in the United States, has reason to force Musk to complete the purchase.