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re: Elon Musk offers to buy 100% of Twitter

Posted on 4/14/22 at 6:10 am to
Posted by goofball
Member since Mar 2015
17337 posts
Posted on 4/14/22 at 6:10 am to
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 by frequent flyer
USA
Member since Jul 2021
3383 posts
Posted on 4/14/22 at 6:15 am to
The last few years have been a disaster for mankind. This is finally some good news.
Posted by Dayman
Member since Sep 2015
730 posts
Posted on 4/14/22 at 6:16 am to
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.
Posted by RetiredSaintsLsuFan
NW Arkansas
Member since Jun 2020
2168 posts
Posted on 4/14/22 at 6:19 am to
If Elon is for free speech and freedom then why is he dealing with China?
Posted by musick
the internet
Member since Dec 2008
26131 posts
Posted on 4/14/22 at 6:19 am to
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 by frequent flyer
USA
Member since Jul 2021
3383 posts
Posted on 4/14/22 at 6:20 am to
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 by beaverfever
Arkansas
Member since Jan 2008
35417 posts
Posted on 4/14/22 at 6:29 am to
quote:

$54.20
The richest guy in the world is a straight up troll. I love it
Posted by Pat Sajak
New Orleans
Member since May 2009
755 posts
Posted on 4/14/22 at 6:32 am to
Posted by Ponchy Tiger
Ponchatoula
Member since Aug 2004
48829 posts
Posted on 4/14/22 at 6:33 am to
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 by TheSadvocate
North Shore
Member since Aug 2020
4638 posts
Posted on 4/14/22 at 6:34 am to
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 by Upperdecker
St. George, LA
Member since Nov 2014
32736 posts
Posted on 4/14/22 at 6:44 am to
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
Posted by wadewilson
Member since Sep 2009
40144 posts
Posted on 4/14/22 at 6:45 am to
quote:

Elon Musk offers to buy 100% of Twitter


Posted by lsuhunt555
Teakwood Village Breh
Member since Nov 2008
38973 posts
Posted on 4/14/22 at 6:46 am to
That would be incredible.
Posted by sugar71
NOLA
Member since Jun 2012
9967 posts
Posted on 4/14/22 at 6:51 am to
quote:

If Elon is for free speech and freedom then why is he dealing with China?
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.


Since Musk already has FU money then why is it so difficult for him to be consistent in his calls for freedom?
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
76266 posts
Posted on 4/14/22 at 6:52 am to
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 by dogfood
BR
Member since Sep 2017
123 posts
Posted on 4/14/22 at 6:54 am to
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 by baldona
Florida
Member since Feb 2016
23370 posts
Posted on 4/14/22 at 6:56 am to
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 by frequent flyer
USA
Member since Jul 2021
3383 posts
Posted on 4/14/22 at 7:12 am to
quote:

Elon is like a rich George Washington.


It’s too bad he can’t be POTUS.
Posted by TigerIron
Member since Feb 2021
3838 posts
Posted on 4/14/22 at 7:17 am to
(no message)
This post was edited on 8/25/22 at 3:34 pm
Posted by Dragula
Laguna Seca
Member since Jun 2020
6502 posts
Posted on 4/14/22 at 7:20 am to
quote:

Tesla pickup truck.




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