Elon Musk’s decision to pull a  billion deal for Twitter could see Wall Street’s top banks lose hundreds of millions of dollars, scuppering one of 2022’s biggest pay days.

Elon Musk’s decision to pull a $44 billion deal for Twitter could see Wall Street’s top banks lose hundreds of millions of dollars, scuppering one of 2022’s biggest pay days.

Elon Musk handcuffed to Twitter logo 4x3

Britta Pedersen/Getty Images; Twitter; Rachel Mendelson/Insider

  • Elon Musk’s decision to kill the $44 billion Twitter deal means banks could lose a “nine-figure” payday.

  • Musk’s and Twitter’s financial advisors could pocket up to $192 million if the deal closes.

  • The billionaire faces an uphill battle to call off the deal as he has to prove there’s been a material adverse effect on the transaction.

Elon Musk’s ‘will-he-won’t-he’ dance to buy Twitter took a turn on Friday after the billionaire said…


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