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Posted on 4/14/22 at 6:12 am to BoarEd
Elon is god 
I forgot, we worship the omnipresent being that gives children cancer
I forgot, we worship the omnipresent being that gives children cancer
This post was edited on 4/14/22 at 7:11 am
Posted on 4/14/22 at 6:17 am to BoarEd
Consider this; If he did buy it for $40B, and somehow Twitter stock dropped to zero, he'd STILL be the richest person in the world by miles. 
Posted on 4/14/22 at 6:18 am to BoarEd
quote:Not really. It is an offer to buy 100% of twitter at $54.20/share OR abandon his position altogether. This is a cash offer, but it would be financed (translation: Musk is not selling shares of TSLA to do the deal). TWTR is currently $51.90. The TWTR board and management would obviously get kicked to the curb, and so will fight tooth and toenail against Musk. The more likely outcome here is Musk selling off.
Elon Musk is dumping 43 Billion Into Twitter in a Hostile Takeover
This post was edited on 4/14/22 at 6:29 am
Posted on 4/14/22 at 6:20 am to CleverUserName
quote:
quote: "If the deal doesn’t work, given that I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder."
Ooooh. There is the money shot. Dumping all his shares at once will TANK the stock price. Especially when other shareholders jump in to prevent themselves being bagholders.
This!!! The Board is now officially screwed. They have two choices.
1. They can sell to Elon. This makes them wealthy, but it also gives Elon control of Twitter.
2. They can not sell, but they are hedging their bets that he doesn’t follow through with the not so subtle hint to “reconsider my position as a shareholder.” Translation- I dump my stock. I make bank while you all take heavy losses.
Well played, Elon. Well played.
Posted on 4/14/22 at 6:23 am to CleverUserName
Upvote. Thanks for the correction. I need to steer clear of conversations about stocks.
Posted on 4/14/22 at 6:24 am to Plx1776
Then he will tank it...probably along with a couple of other large shareholders.
Posted on 4/14/22 at 6:24 am to Plx1776
All the totalitarians are going to abandon Twitter in protest.
Going to be glorious.
Going to be glorious.
Posted on 4/14/22 at 6:24 am to PhDoogan
quote:
Good- twatter should have never fricked with his bros over at the Babylon Bee.
I didn’t know that. What’s his affiliation with the Bee?
Posted on 4/14/22 at 6:25 am to CleverUserName
quote:Class D status limits that somewhat.
Dumping all his shares at once will TANK the stock price
Posted on 4/14/22 at 6:29 am to BoarEd
Go for it!!
Posted on 4/14/22 at 6:35 am to LSUROXS
Posted on 4/14/22 at 6:39 am to sledgehammer
quote:
Good- twatter should have never fricked with his bros over at the Babylon Bee.
I didn’t know that. What’s his affiliation with the Bee?
He did a sit down interview with them in the past year, in December I think, where he criticized woke culture and its killing of humor. I just think he likes their satire and twatter's banhammer was a last straw for him.
Posted on 4/14/22 at 6:41 am to BoarEd
quote:
I would say it is. He declined the board position so he could buy it outright.
No.
He declined the board position because they would handcuff him.
He wants free speech. Twitter doesn't.
My money is on elon
Posted on 4/14/22 at 6:41 am to stuntman
quote:
Consider this; If he did buy it for $40B, and somehow Twitter stock dropped to zero, he'd STILL be the richest person in the world by miles.
Banker families have trillions
Posted on 4/14/22 at 6:42 am to BoarEd
He is buying it “outright”.
It isn’t a “hostile takeover”.
Didn’t they teach you anything at conspiracy school?
It isn’t a “hostile takeover”.
Didn’t they teach you anything at conspiracy school?
Posted on 4/14/22 at 6:43 am to dewster
quote:
this works, Parler and Trump’s social media platforms are probably dead
Both already are. Parler was essentially exposed as a honeypot, and Truth Social isn't ready. The resistance is already set up and working on Gab, which fills a niche that even a Free Twitter isn't going to really touch.
I wouldn't bet against Elon.
Posted on 4/14/22 at 6:45 am to RoyalAir
Truth social is going to take time to get going. They all did. FB started out as a campus thing
Posted on 4/14/22 at 6:45 am to NC_Tigah
quote:
The more likely outcome here is Musk selling off.
yep, after dominating the news cycles and showing the world how corrupt Twitter’s leadership group really is.
Posted on 4/14/22 at 6:47 am to BoarEd
Entire management structure of Twatter would be gutted immediately and I’m extremely excited about that prospect.
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