Icahn had Twitter stake worth over $500 mln before Musk's about-face
Icahn had Twitter stake worth over $500 mln before Musk's about-face - WSJ
Activist investor Carl Icahn amassed a Twitter stake worth more than $500 million in the past few months and made a sizable profit on Tuesday after Elon Musk proposed to go ahead with his takeover of the social media platform, the Wall Street Journal reported.www.reuters.com
Famed investor Carl Icahn may have made $250M on Twitter stake
Well there you go. Exactly what I said would happen happened . Now SEC need to investigate if there is any relationship or communication between these two camps and other large buyers in months ahead of deal. If Elon's camp tipped of these guys he would go through with deal then that is insider trading or front running.
P.S And people look at people like Carl Icahn as an investment genius. I think we all know the reality of what happened here .