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re: Elon Musk offers to buy 100% of Twitter
Posted on 4/14/22 at 6:10 am to Meauxjeaux
Posted on 4/14/22 at 6:10 am to Meauxjeaux
quote:
How much sabotaging would the nerds do an their way out of the company?
If they don’t like it, they should start their own platforms
Posted on 4/14/22 at 6:15 am to HeLeakin
The last few years have been a disaster for mankind. This is finally some good news.
Posted on 4/14/22 at 6:16 am to goofball
He's backed the liberals on the Twitter board of directors into a corner. He's offering a premium on an already inflated stock. If the board, which is supposed to act as a fiduciary for the stock holders, turns it down, then Elon will pull out and the stock will tank.
Power move.
Power move.
Posted on 4/14/22 at 6:19 am to HeLeakin
If Elon is for free speech and freedom then why is he dealing with China?
Posted on 4/14/22 at 6:19 am to dewster
quote:
Twitter needs to be transformed as a private company.”
All the omg it's a private company deal with it arguments out the window.
frick I have a man crush on this dude
This post was edited on 4/14/22 at 6:20 am
Posted on 4/14/22 at 6:20 am to Dayman
quote:
He's backed the liberals
Time to stop calling them liberals. They are some of the biggest obstacles to free speech on the planet. Nothing liberal about that even if that’s what they call themselves.
This post was edited on 4/14/22 at 6:22 am
Posted on 4/14/22 at 6:29 am to HeLeakin
quote:The richest guy in the world is a straight up troll. I love it
$54.20
Posted on 4/14/22 at 6:33 am to Swagga
quote:
What’s going to be funnier is if they don’t sell to him, he tanks the stock, and then starts a rival version of Twitter.
Can they really stop him?
Posted on 4/14/22 at 6:34 am to Meauxjeaux
quote:
How much sabotaging would the nerds do an their way out of the company
Question is, how would be we able to tell?
Posted on 4/14/22 at 6:44 am to HeLeakin
They won’t let him buy it
1) Twitter is worth more to the larger investors for control of free speech than it is for a profit
2) Elon isn’t offering enough. He’d have to blow them out with $65+ per share to convince them to sell. The $54 offer is a fake attempt for appealing to retail (I like Elon and I like his strategy here, but he knows buyouts need to be higher above the market price)
3) I don’t think he really wants to buy it outright. It would be too much of a drag on his time. I think he benefits far more from playing the threatening active investor here so he doesn’t have to invest nearly as much time, takes credit for good changes he thinks of, and no lost reputation for the failings of the company
1) Twitter is worth more to the larger investors for control of free speech than it is for a profit
2) Elon isn’t offering enough. He’d have to blow them out with $65+ per share to convince them to sell. The $54 offer is a fake attempt for appealing to retail (I like Elon and I like his strategy here, but he knows buyouts need to be higher above the market price)
3) I don’t think he really wants to buy it outright. It would be too much of a drag on his time. I think he benefits far more from playing the threatening active investor here so he doesn’t have to invest nearly as much time, takes credit for good changes he thinks of, and no lost reputation for the failings of the company
Posted on 4/14/22 at 6:45 am to HeLeakin
quote:
Elon Musk offers to buy 100% of Twitter

Posted on 4/14/22 at 6:51 am to RetiredSaintsLsuFan
quote:Other businesses/ individuals have been absolutely trashed for it. Musk was silent on the Hong Kong protests & has Tesla showrooms in the Xinjiang( muslim) region. He criticized lockouts here , but nothing on the lockdowns in Shanghai where his Tesla gigafactory is located.
If Elon is for free speech and freedom then why is he dealing with China?
Since Musk already has FU money then why is it so difficult for him to be consistent in his calls for freedom?
Posted on 4/14/22 at 6:52 am to Upperdecker
quote:
The $54 offer is a fake attempt for appealing to retail
He is known for pumping stock that he stands to make millions on.
This post was edited on 4/14/22 at 6:54 am
Posted on 4/14/22 at 6:54 am to Upperdecker
I think you’re right, buyouts typically need to be stronger. Kicker is, he’s holding 30%+ of the stock value hostage, if he sells, that value is gone.
Posted on 4/14/22 at 6:56 am to sugar71
quote:
Other businesses/ individuals have been absolutely trashed for it. Musk was silent on the Hong Kong protests & has Tesla showrooms in the Xinjiang( muslim) region. He criticized lockouts here , but nothing on the lockdowns in Shanghai where his Tesla gigafactory is located.
Just so we’re clear, now you want businessmen/ celebrities to be involved in politics?
Posted on 4/14/22 at 7:12 am to Barbellthor
quote:
Elon is like a rich George Washington.
It’s too bad he can’t be POTUS.
Posted on 4/14/22 at 7:17 am to Barbellthor
(no message)
This post was edited on 8/25/22 at 3:34 pm
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