Elon Musk’s Twitter deal looked like a $44 billion disaster. Now, his investors stand to make a 200% return—thanks to a brilliant (and controversial) M&A move

When Elon Musk finally closed on his deal to acquire Twitter , it seemed like the tech mogul may have bitten off more than he could chew . After all, over the course of 2022, Musk had offered to take the social media giant private ; tried to back out of that proposal amid financial pressures; and ultimately been forced to move forward with the purchase anyway by the Delaware Chancery Court. He wasn’t the only one caught up in the brouhaha, either.