Just doing that would go a looooonnnnnngggggggg way.
Elon Musk buys Twitter
- Thread starter Star-Lord
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LegendOfKage
Member
Not trying to be a smart ass, I really don't know what you're talking about.
Truth. Don't listen to the fake news claiming the platform in beta is dead or dying just because the writer of the hit piece can't get on it and spew their diarrhea takes. For something in beta and running on Mastodon it's great so far.
Wheeljack539
Member
I've heard they've been taking their time with the Apple community to get things right before the Android launch. That's supposed to be early May, right?
Jack Posobiec
Now they're accusing Elon of being a racist and saying it's illegal for him to purchase Twitter The regime hasn't even begun to threaten Elon yet They're showing their hand
t.me
SafeOrAlone
Banned
What a bunch of twatters.
They keep improving the iOS app.
Toots
Member
You'll find out at wrestlemania, and it won't be pretty.
DIG IT
IntentionalPun
Ask me about my wife's perfect butthole
A hostile takeover of Twitter would be nearly impossible, so I seriously doubt that's the reason Musk declined.
He probably just didn't want to deal with whatever else they stipulated for him to join the board.
He probably just didn't want to deal with whatever else they stipulated for him to join the board.
Elysion
Banned
Watch Elon restore free speech on Twitter… but at the price of anonymity, forcing all users to get verified and post under their real names. That's something certain people have been calling for for some time now (not only for Twitter, but the Internet in general), since it would remove all protection users have from real world consequences. Online anonymity is just as important, if not more so, than 'free speech' (which has never really existed anyway).
Let's hope Elon Musk is not a wolf in sheep's clothing in this regard.
Let's hope Elon Musk is not a wolf in sheep's clothing in this regard.
Maiden Voyage
Gold™ Member
Do eeeeeeeet!
strange headache
Banned
Avid Reading Horse
Member
Elon's an absolute madman, I love it.
prinz_valium
Member
Love it.
How is Resetera going?
How is Resetera going?
Orta
Banned
Outrage. Naturally.
Its their default stance, I reckon most of them don't even know why
Sounds like a pump and dump scheme in the making. Twitter's stock price already jumped like 12% since this announcement, so if he sells the shares he just bought, he pockets close to a billion dollars in profit.
And if he's genuinely serious about his offer, he needs to spend less time online giving a shit about what transpires on Twitter. He could spend a tiny fraction of that 54b making a competitor. And yeah, I know there are no shortage of Twitter knock-offs out there, but they're buggy and shitty because they lack adequate financial backing and technological expertise. That wouldn't be a problem for Musk.
And if he's genuinely serious about his offer, he needs to spend less time online giving a shit about what transpires on Twitter. He could spend a tiny fraction of that 54b making a competitor. And yeah, I know there are no shortage of Twitter knock-offs out there, but they're buggy and shitty because they lack adequate financial backing and technological expertise. That wouldn't be a problem for Musk.
Punished Miku
Gaslighter Pro: 16.7 Fireflops
Yep. If people are serious about fixing excess censorship and social media issues it will be through government regulation, not appealing to the whims of the cool billionaire. While he sometimes does things that are interesting, he frequently uses twitter to personally profit himself.
TTOOLL
Member
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FunkMiller
Banned
Would be great if he bought it, and then just prevented anything being posted other than cat pics. Totally worth the 43 billion.
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TTOOLL
Member
I have no idea but I guess shareholders might be tempeted by the offer.
3liteDragon
Member
prinz_valium
Member
Oh it has.
Still a joke they don't make billions have a billion users.
nominedomine
Banned
If it turns out to be just a pump and dump, you got to give credit to the guy anyway.
I don't doubt that he would turn Twitter into a much more relevant tech company, it could be Elon's ticket a lot of new opportunities down the line, Twitter could pivot in a lot of interesting directions if it didn't suck.
I don't doubt that he would turn Twitter into a much more relevant tech company, it could be Elon's ticket a lot of new opportunities down the line, Twitter could pivot in a lot of interesting directions if it didn't suck.
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And they banned them just for reposting a PUBLIC TikTok video because the mental patients threw a fit over it.
Torrent of Pork
Banned
I think it's a serious offer, but failure still means a pump and dump for a cool billion. It will probably work though, Musk essentially saying, "Look at the price of your shares before I came around sniffing, this shit-show of a company will never be worth more than what I'm offering, make your choice."
captainnapalm
Member
Damn, Elon Musk makes things so much more fun.
He's got them in a tricky position here. If they decline his offer and he sells the shares he already has, that stock price is going to go way down. So it's like throwing money away, and not knowing if it will ever return. Can't see him staying on the site either, which raises the prospect of him creating a competitor. Seems like they should sell.
He's got them in a tricky position here. If they decline his offer and he sells the shares he already has, that stock price is going to go way down. So it's like throwing money away, and not knowing if it will ever return. Can't see him staying on the site either, which raises the prospect of him creating a competitor. Seems like they should sell.
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p_xavier
Authorized Fister
I just want him to destroy the toxic San Francisco tech culture. Twitter would be a start and should be a warning to other companies.
p_xavier
Authorized Fister
Script
[SEND VIA TEXT]
As I indicated this weekend, I believe that the company should be private to go through the changes that need to be made.
After the past several days of thinking this over, I have decided I want to acquire the company and take it private.
I am going to send you an offer letter tonight, it will be public in the morning.
Are you available to chat?
[VOICE SCRIPT]
| 1. | Best and Final: |
| a. | I am not playing the back-and-forth game. |
| b. | I have moved straight to the end. |
| c. | It's a high price and your shareholders will love it. |
| d. | 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. |
| i. | This is not a threat, it's simply not a good investment without the changes that need to be made. |
| ii. | And those changes won't happen without taking the company private. |
| 2. | My advisors and my team are available after you get the letter to answer any questions |
| a. | There will be more detail in our public filings. After you receive the letter and review the public filings, your team can call my family office with any questions. |
He even shitposted in the SEC filing. Legend.
chromhound
Member
The SEC must be pissed lol
captainnapalm
Member
Breaking that monopoly would be Musk's greatest gift to humanity yet - and he's already created the electric car market and revitalized space exploration.
[This is a legit headline over at fortune.com and I looked this up, a monthly "day of rest" is an actual real life thing over at Twitter HQ lmao]
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