If you want to understand the potential outcomes of Elon Musk’s $43 billion fight to take Twitter private, look at the company’s stock price today, in the immediate aftermath of his hostile offer. Basically, the Twitter stock is flat. It was up about 9 percent in pre-market trading, then slowly drifted back down. Some pundits are concluding that, as a result, the market is not taking Musk’s offer seriously because, you know, Musk is not a serious guy to begin with; his offer is subject to financing (not secured) and due diligence, et cetera—in other words, the same conditions that exist for all deals before they are concluded.