musk has to show and secure and confirm financing and I don't believe he's done that yet. And you are exactly right, shareholders get to vote. But not really the common shareholders, they only have one vote, if any. It's the invested shareholders of record, the ones with millions of shares who directly paid into the company and are shareholders of record like pres, exec's and insiders, probably the top owners and holders also have super voting shares meaning each one of their shares count as hundreds or thousands of votes per vote. These are the names that show up on the actual company ledgers, not street name. It's how companies protect themselves from hostile takeovers. Musk may be considered a hostile.
Mostly, common shareholders are held in street name, or blocks from each broker.
Broker a holds 1000 accounts of twit in commons, so that broker would count for 1000 votes, which is actually counted, I believe the common shareholder votes by proxy form. For me, I'd email it back into my broker. But basically, my votes don't mean shit. This is what shills do with scam stocks, try to convince the marks their votes mean something with the scams and the scams have some sort of fiduciary duty to common shareholders. Fake companies don't and never did.
And greed will be in play too with twit. Shareholders always think their holdings are worth more.
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