Author Topic: Musk buying twitter  (Read 2626 times)

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DaleSr

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Re: Musk buying twitter
« Reply #60 on: May 13, 2022, 08:23:40 AM »
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Lol he just said the deal is on hold because crypto is taking a bath. Hmm it's almost like this crypto thing is funny money
[close]

That's just the most convenient excuse to use at the moment. He's also using "theres a ton of bots on twitter!" as one, like he wouldn't have known all this doing proper due diligence.

My take is still that he's a butthurt Karen ass billionaire who only did this to waive his dick around and be an attention whore. He was never going to do it...im guessing he didn't think twitter would say yes haha.

It's like all of his other "great" ideas, like a highway with one lane in a tunnel hundreds of feet below the ground, or a submarine that drowns thai children, or an electric car that spontaneously combusts. He's a fraud of the highest order and he's got a legion of mediocre "epic" bros who will human wave cope post you to death if you lightly criticize him online

BartHarleyJarvis

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Re: Musk buying twitter
« Reply #61 on: May 13, 2022, 08:45:44 AM »
Something I've been wondering lately is if this deal can still go through after the continuing collapse of the crypto market. A lot of his "wealth" is or was tied into the value of an unregulated, speculative security instrument which is currently in free-fall. Musk is a big time pump-and-dumper, so I assume his advisors had him dumping his crypto holdings at the moment when it became clear that the Fed was raising interest rates, but if he's still holding a lot, that could spell trouble.

Lol he just said the deal is on hold because crypto is taking a bath. Hmm it's almost like this crypto thing is funny money

He's throwing a ton of excuses up against the wall to try and see what will stick, but more than anything I think that he overleveraged his Tesla stock to secure the funding and now that Tesla stock is down nearly 35% his creditors could demand more of his options to secure the loan. He's only the "richest man in the world" as long as Tesla stock is flying and as crazy as he might be, he's not crazy enough to lose 1/3rd of his tesla position (or more) to become the owner of twitter. He knows he can't afford to risk his options over his weird twitter vanity crusade.

in love w/ fs shuvs

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Re: Musk buying twitter
« Reply #62 on: May 13, 2022, 08:50:16 AM »
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Lol he just said the deal is on hold because crypto is taking a bath. Hmm it's almost like this crypto thing is funny money
[close]

That's just the most convenient excuse to use at the moment. He's also using "theres a ton of bots on twitter!" as one, like he wouldn't have known all this doing proper due diligence.

My take is still that he's a butthurt Karen ass billionaire who only did this to waive his dick around and be an attention whore. He was never going to do it...im guessing he didn't think twitter would say yes haha.
[close]

It's like all of his other "great" ideas, like a highway with one lane in a tunnel hundreds of feet below the ground, or a submarine that drowns thai children, or an electric car that spontaneously combusts. He's a fraud of the highest order and he's got a legion of mediocre "epic" bros who will human wave cope post you to death if you lightly criticize him online

Tbh Tesla and SpaceX are legit. Elon's def a psycho but that's not really surprising considering he almost went bankrupt trying to fund both an electric car and re-usable rocket company simultaneously.

« Last Edit: May 13, 2022, 09:02:48 AM by in love w/ fs shuvs »

os89

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Re: Musk buying twitter
« Reply #63 on: May 13, 2022, 09:10:03 AM »
Muska buying twitter

It'd be a lot cooler if he did

IusedToSkateMore

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Re: Musk buying twitter
« Reply #64 on: May 13, 2022, 11:17:03 AM »
Expand Quote
Expand Quote
Lol he just said the deal is on hold because crypto is taking a bath. Hmm it's almost like this crypto thing is funny money
[close]

That's just the most convenient excuse to use at the moment. He's also using "theres a ton of bots on twitter!" as one, like he wouldn't have known all this doing proper due diligence.

My take is still that he's a butthurt Karen ass billionaire who only did this to waive his dick around and be an attention whore. He was never going to do it...im guessing he didn't think twitter would say yes haha.
[close]

It's like all of his other "great" ideas, like a highway with one lane in a tunnel hundreds of feet below the ground, or a submarine that drowns thai children, or an electric car that spontaneously combusts. He's a fraud of the highest order and he's got a legion of mediocre "epic" bros who will human wave cope post you to death if you lightly criticize him online

I see this as violently similar to 45 running in 2016. Dude didn't think he was going to win, but was rather grifting to gain attention and make $$. Fraud 100%

It's almost too bad EM can't be held to the purchase at this point. It'd ruin him and his status as richest man, he'd possibly lose Tesla too.

So much for contracts and all that.

God. I've always know it was rigged and a joke, later gilded age and oligarchs, but man, its keeps getting more unbelievable
stay high, lay low

DaleSr

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Re: Musk buying twitter
« Reply #65 on: May 13, 2022, 11:32:47 AM »
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Expand Quote
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Lol he just said the deal is on hold because crypto is taking a bath. Hmm it's almost like this crypto thing is funny money
[close]

That's just the most convenient excuse to use at the moment. He's also using "theres a ton of bots on twitter!" as one, like he wouldn't have known all this doing proper due diligence.

My take is still that he's a butthurt Karen ass billionaire who only did this to waive his dick around and be an attention whore. He was never going to do it...im guessing he didn't think twitter would say yes haha.
[close]

It's like all of his other "great" ideas, like a highway with one lane in a tunnel hundreds of feet below the ground, or a submarine that drowns thai children, or an electric car that spontaneously combusts. He's a fraud of the highest order and he's got a legion of mediocre "epic" bros who will human wave cope post you to death if you lightly criticize him online
[close]

I see this as violently similar to 45 running in 2016. Dude didn't think he was going to win, but was rather grifting to gain attention and make $$. Fraud 100%

It's almost too bad EM can't be held to the purchase at this point. It'd ruin him and his status as richest man, he'd possibly lose Tesla too.

So much for contracts and all that.

God. I've always know it was rigged and a joke, later gilded age and oligarchs, but man, its keeps getting more unbelievable

Fortunately his upbringing in apartheid south Africa prevents him from being president

Mean salto

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Re: Musk buying twitter
« Reply #66 on: May 13, 2022, 11:51:57 AM »
So did he ever get that submarine working?

fulltechnicalskizzy

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Re: Musk buying twitter
« Reply #67 on: May 13, 2022, 12:01:11 PM »
sick im doing the same if jonnie giger wins batb

PAWL

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Re: Musk buying twitter
« Reply #68 on: May 13, 2022, 01:38:36 PM »
sick im doing the same if jonnie giger wins batb

the jonnie giger headquarters are an impenetrable fortress my friend. I wish you luck, godspeed
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ok boomer

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Re: Musk buying twitter
« Reply #69 on: May 13, 2022, 01:50:41 PM »
I've never "tweeted" in my life. Ain't no bird up in hurr

TheLurper

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Re: Musk buying twitter
« Reply #70 on: May 13, 2022, 02:13:59 PM »
Didn't he say he was going to improve Twitter by getting rid of the bots and now he is saying he doesn't want it because of the bots? :o

Quote from: ChuckRamone
I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?

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Re: Musk buying twitter
« Reply #71 on: May 13, 2022, 09:51:38 PM »
Expand Quote
Expand Quote
Expand Quote
Expand Quote
Lol he just said the deal is on hold because crypto is taking a bath. Hmm it's almost like this crypto thing is funny money
[close]

That's just the most convenient excuse to use at the moment. He's also using "theres a ton of bots on twitter!" as one, like he wouldn't have known all this doing proper due diligence.

My take is still that he's a butthurt Karen ass billionaire who only did this to waive his dick around and be an attention whore. He was never going to do it...im guessing he didn't think twitter would say yes haha.
[close]

It's like all of his other "great" ideas, like a highway with one lane in a tunnel hundreds of feet below the ground, or a submarine that drowns thai children, or an electric car that spontaneously combusts. He's a fraud of the highest order and he's got a legion of mediocre "epic" bros who will human wave cope post you to death if you lightly criticize him online
[close]

I see this as violently similar to 45 running in 2016. Dude didn't think he was going to win, but was rather grifting to gain attention and make $$. Fraud 100%

It's almost too bad EM can't be held to the purchase at this point. It'd ruin him and his status as richest man, he'd possibly lose Tesla too.

So much for contracts and all that.

God. I've always know it was rigged and a joke, later gilded age and oligarchs, but man, its keeps getting more unbelievable
[close]

Fortunately his upbringing in apartheid south Africa prevents him from being president

ya but he's a white dude AND a grifter who was born rich. I'm sure the right would find a way to get him in office
stay high, lay low

Billy Bitchcakes

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Re: Musk buying twitter
« Reply #72 on: May 14, 2022, 03:46:29 AM »
Seems like it could all be a massive stock manipulation effort. Not like he doesn’t have history of doing shit like that. This quote from Reddit speculates on it

Quote
Elon Musk announces he's buying out Twitter, the stock price skyrockets, after he already owned a 9.2% stake in the company. Obviously he bought his shares before announcing his stake, because the price of shares would have shot up before hand.

Now he puts in his offer of buying out the company at $54.20 per share, much higher than he got his 9.2% stake for. This essentially locks the value of the shares at that price, because share holders won't sell for less than that if they know Elon is buying them all out. Essentially as long as you held until the official buyout you were pretty much guaranteed $54.20 a share.

Now Elon can offload his shares at a huge profit. Once the value of the shares starts dropping, buying out the company at $54.20 a share no longer makes sense. Plus general poor market performance drives prices even lower.

Now he can renegotiate the deal because the companies valuation has dropped. But he will mask it by saying some stupid shit like it's on hold because of "fake user account details". Which will drive share prices even lower due to investors realizing the deal might not go through at the agreed price of $54.20 or at all.

https://www.bbc.com/news/business-61433724.amp

There are a few outcomes to this scenario:

 • Elon buys out Twitter way cheaper than the original deal. Or at least tries to, this is the much more likely scenario.
 • Elon backs out, and makes profit off his original 9.2% investment. - Least probable.
 • He's just looking for an excuse to get the fuck out and minimize damage to Tesla. - Very Probable

He wins no matter what, and likely gets away with it.
Why is he allowed to just freely manipulate markets? Probably pays a tiny fine to the SEC and goes about his day, will never see the inside of a jail cell.

Edit: I've noticed some people pointing out the $1Billion fee Elon would have to pay for cancelling the buyout. Elon Musk is worth $240 Billion, and is literally sitting on 9% of Twitter's shares. I think it wouldn't matter much.
He also sold $8 Billion in Tesla shares at peak values to help fund this fiasco. Making Tesla shareholders front the bill. While also potentially using billions more as collateral for the sale.

Also, He could sell his stake before announcing the buyout isn't happening. He has options.
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manysnakes

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Re: Musk buying twitter
« Reply #73 on: May 15, 2022, 07:04:48 AM »
The SEC will never catch up with him. After 2008, it became clear that, above a certain level, there was no such thing as a financial crime. None of these people will ever go to jail or face any consequences for their actions - not so long as the US is structured as it currently is.
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3D X-Ray Vision

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Re: Musk buying twitter
« Reply #74 on: May 15, 2022, 12:31:15 PM »
If Musk let Trump back on Twitter and Trump wins again in 2024 I am hi-jacking a fucking peanut butter and jelly sandwich, loading that fucker up with so much cheap peanut butter and soaring that sumbitch straight into Chadillac Muskalade's slack-jawed gullet.

Musk is for sure gonna have a big wad of PB stuck to the roof of his mouth for a minute. Extra sticky peanut butter sandwich comin for dat ass, Elon. I'm warning you buddy, I'm not even gonna use enough jam and the ratio is gonna be way off... and it's gonna be on wheat bread. Not a threat, just sayin
What you're doing is like if I made a thread that was about monster trucks and everyone started saying "Uh, just get a bicycle". I just wanna know how you guys wash your asses

Buttfart Rapedick

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Re: Musk buying twitter
« Reply #75 on: May 15, 2022, 10:43:15 PM »
If Musk let Trump back on Twitter and Trump wins again in 2024 I am hi-jacking a fucking peanut butter and jelly sandwich, loading that fucker up with so much cheap peanut butter and soaring that sumbitch straight into Chadillac Muskalade's slack-jawed gullet.

Musk is for sure gonna have a big wad of PB stuck to the roof of his mouth for a minute. Extra sticky peanut butter sandwich comin for dat ass, Elon. I'm warning you buddy, I'm not even gonna use enough jam and the ratio is gonna be way off... and it's gonna be on wheat bread. Not a threat, just sayin

Musk isn't going to "let" anyone do shit because this isn't happening and it probably never was. The dude is clearly a bit of a narcissist and probably thought no one would call his bluff and now he's scrambling for ways to back out.

There were always things about it that didn't make sense, like Musk saying he was going to quadruple revenue and users in the next 5 years despite it being (as I mentioned before) a very mature platform that's already well monetized. I really want it to happen just because its so obviously a terrible deal to be making if you have even a cursory understanding of how they make money. This isn't some massive untapped evolving platform, maybe a decade ago but not now. Twitter and Facebook are going to continue losing users as boomers die out and younger generations that are more socially media savvy slowly move to whatever the next hot new thing is (insta, tiktok etc). If a deal goes through I see twitter having to play the very dangerous game of milking their existing user base for more money without driving them off and I just don't see that as viable at the moment.

P.S. Did my posts earlier in this thread disappear? Was there a thread merge or something? I see people quoting them but I can't find the original.

TheLurper

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Quote from: ChuckRamone
I love when people bring up world hunger. It makes everything meaningless.
"That guy is double parked."
"Who cares? There are people starving to death! Besides, how does that affect you? Does it lessen the joy of parking?

Síota

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Re: Musk buying twitter
« Reply #77 on: May 16, 2022, 01:29:08 PM »
Musk is such a twat (do people still say that?)

https://www.bloomberg.com/news/articles/2022-05-16/musk-says-twitter-bots-likely-account-for-at-least-20-of-users?srnd=premium

Absolutely use the word twat, along with bellend, nob, cunt,wanker, Muppet the list goes on and on, unfortunately so does this list of twats, bellends, nobs, cunts, wankers, Muppets ....

brent

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Re: Musk buying twitter
« Reply #78 on: May 16, 2022, 01:49:20 PM »

Absolutely use the word twat, along with bellend, nob, cunt,wanker, Muppet the list goes on and on, unfortunately so does this list of twats, bellends, nobs, cunts, wankers, Muppets ....
once i even called him "airhead"
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