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Musk’s Twitter bid gave the impression to come with a habitual reference…

When Elon Musk has been on the middle of a media typhoon, there was a commonplace thread that has seemed a number of occasions.

In some shape or type, the quantity 420 — which is regularly used to reference all issues hashish — has seemed in filings, tweets and interviews associated with Mr. Musk and his industry. On Thursday, when Mr. Musk’s be offering to buy Twitter was public, the proportion value he selected — $54.20 — stuck folks’s consideration.

The associated fee used to be harking back to Mr. Musk’s 2018 proposal to take Tesla non-public at $420 in keeping with proportion.

The Securities and Trade Fee stated that the investment Mr. Musk had alluded to used to be now not so protected and that he had misled investors. In its 2018 complaint, the S.E.C. wrote that Mr. Musk stated he had rounded up the proportion value to $420 from $419 “as a result of he had lately discovered concerning the quantity’s importance in marijuana tradition.” The submitting quoted Mr. Musk pronouncing he believed his female friend “would in finding it humorous, which admittedly isn’t an excellent explanation why to pick out a value.”

Later in 2018, Mr. Musk smoked marijuana all through an interview at the display “The Joe Rogan Enjoy,” which used to be extensively shared and was memes. He poked a laugh at that dialogue remaining week on Twitter, sharing one of those memes.




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