ago. it s hard, everyone s saying, oh, he s trying to walk. i think the only thing we can say right now is he s committed to not paying $44 billion for this. neil: yeah, that does seem to be the case, because it s a long way from the $54.20 offer he had on the table. kelly, great reporting on this, i appreciate it. let s go to charlie gasparino who s been following the behind the scenes machinations and what do you think of that, charlie, that this might be his way of scrapping a better deal? i ve been saying that for a long time. i mean, it s widely known he doesn t want to pay $54.20. now, you ve got to try to get a little bit into the mind of elon musk here, what he s weighing. first off, this isn t a guy that looks at balance sheets and dives into companies. a lot of this is instinct. the instinct immediately was i can make work, this twitter work, buying twitter work. and that instinct was hit when
if business is not a solid s twitter and said, that could be an issue for elon musk. the issue is the long wait is due diligence. he made a binding agreement to buy this company. his moves in the last few weeks have been seen by lot of people is a negotiating tactic. in part because the market is changing dramatically. when he made that offer, it was pretty aggressive at the time, but since then, as we head towards a possible recession, there are concerns about the advertising market. concerns about twitter s growth. concerns of a twitters revenue. he might just not want to pay 44 billion. why would a forced merger look like? is that something that could even happen? they take must to court enforcement by twitter? it could be messy. one of the things, yes twitter has this contract, yes it s binding, but enforcing it could be a lengthy battle in court. in some ways, elon has a lot of
the former president himself? anything is possible. all of that, plus the financial world bombshell, 11 musk dropping this last night, trying to get out of buying twitter, and the latest in to free brittney griner from russia. i will talk to the father of trevor reed who was just released from russia few months ago. right now though, across this country, americans are taking to the streets once again to stand up for their beliefs on abortion. in washington, d.c., a rally organized by the women s march organization is underway. organizations are attempting to put to protect abortion nationwide. what they re calling the summer of rage, marchers gathered this morning at franklin square before heading to the white house for a sudden. that event was given a permit for 10,000 people. in chicago, the march for life rally, described as the midwest s largest pro-life went,
i mean, i wonder if he cares, you know? neil: true, very true. you know, twitter tesla, you know, not too long ago was ready to file bankruptcy, and he escaped. so, you know, here s one thing i do know, that gamblers that win a lot in the beginning, which he s kind of that type of gambler, their luck often runs out somewhere along the line. i ve seen it on wall street, and i can see it here that, you know, maybe he s going to the well, pushing things way too much. and then trying to escape this deal after waiving due diligence, after saying last and final offer, after and then trying to come up with an excuse about bots that is not going to be easy to prove, maybe this is, you know, his lehman moment so to speak where lehman gambled so many times, bear stearns gambled so many times and won in the past that the last gamble is
go to court with someone with a heck of a lot of money like a on mosques. twitter also has a heck of a lot of power behind it. this was shock i, have to say, as i saw come through on my phone yesterday evening. but not unsurprising. in the same breath. were you surprised that elon musk is now trying to pull out of the steel? elon has a history of hard-nosed to go sheeting. a lot of people who watch these kinds of deals over the years are accustomed to the idea that a party might try to get a better price or try to get rid of or lower the price that it s gonna be charged for him to walk away. as part of this deal, elon musk has to pay a billion dollars if he walks away. he might be trying to get that down. or he may not want to pay the 44 billion dollars that he had offered to pay. if you look at the market value