Elon Musk $41B offer for Twitter
Discussion
Hostile take-over by free speech absolutist -
https://timesofindia.indiatimes.com/business/inter...
If successful, that is going to be a seismic change in the media landscape.
The Gruniad don't like it, natch.
https://timesofindia.indiatimes.com/business/inter...
If successful, that is going to be a seismic change in the media landscape.
The Gruniad don't like it, natch.
Gaines178 said:
I like the way Musk does business. Must be amazing to be able to wake up and think “I’m going to spend $40bn on an app” - and there I am wondering if spending 79p a month is worth it 
He certainly does act. There must be thousands of people rich enough to do this, but who else can you think of who would?I look forward to the cries of "It's a private company and can un-censor whoever they like!"
grumbledoak said:
He certainly does act. There must be thousands of people rich enough to do this, but who else can you think of who would?
I look forward to the cries of "It's a private company and can un-censor whoever they like!"
If it was $41m then yes thousands, but BILLION - very very few. It would even dent Putins wallet!I look forward to the cries of "It's a private company and can un-censor whoever they like!"
$54.20? Yeah right that sounds a serious bid, just can't help himself with the magic number.
He doesn't have the cash available on hand to buy it so good luck with that. Regulatory issues around the deal will trip him up too.
Most likely pattern is the same as with his crypto - quietly buy some, loudly talk it up, quietly take profits then shuffle off to the next grift.
He doesn't have the cash available on hand to buy it so good luck with that. Regulatory issues around the deal will trip him up too.
Most likely pattern is the same as with his crypto - quietly buy some, loudly talk it up, quietly take profits then shuffle off to the next grift.
pquinn said:
$54.20? Yeah right that sounds a serious bid, just can't help himself with the magic number.
He doesn't have the cash available on hand to buy it so good luck with that. Regulatory issues around the deal will trip him up too.
Most likely pattern is the same as with his crypto - quietly buy some, loudly talk it up, quietly take profits then shuffle off to the next grift.
my thoughts entirely.He doesn't have the cash available on hand to buy it so good luck with that. Regulatory issues around the deal will trip him up too.
Most likely pattern is the same as with his crypto - quietly buy some, loudly talk it up, quietly take profits then shuffle off to the next grift.
pquinn said:
$54.20? Yeah right that sounds a serious bid, just can't help himself with the magic number.
He doesn't have the cash available on hand to buy it so good luck with that. Regulatory issues around the deal will trip him up too.
Most likely pattern is the same as with his crypto - quietly buy some, loudly talk it up, quietly take profits then shuffle off to the next grift.
He doesn’t need the cash to buy it. Buy it with debt. Worked for him before. He doesn't have the cash available on hand to buy it so good luck with that. Regulatory issues around the deal will trip him up too.
Most likely pattern is the same as with his crypto - quietly buy some, loudly talk it up, quietly take profits then shuffle off to the next grift.
This is his strop because he bought shares for a place on the board and they said they needed to run a background checkbefore he could sit on the board?
So suddenly he turned it down and has gone for an aggressive takeover paying 40% more on the shareprice?
Musk wanted the seat on the board and had already committed not to buy more shares. He then followed up his stake acquisition with a series of posts proposing radical changes to the business.
https://www.theguardian.com/technology/2022/apr/11...
He also failed to report his purchase over 5% for which one of the ethics groups has filed a complaint.
https://www.independent.co.uk/tech/elon-musk-twitt...
https://abcnews.go.com/Business/wireStory/elon-mus...
So suddenly he turned it down and has gone for an aggressive takeover paying 40% more on the shareprice?
Musk wanted the seat on the board and had already committed not to buy more shares. He then followed up his stake acquisition with a series of posts proposing radical changes to the business.
https://www.theguardian.com/technology/2022/apr/11...
He also failed to report his purchase over 5% for which one of the ethics groups has filed a complaint.
https://www.independent.co.uk/tech/elon-musk-twitt...
https://abcnews.go.com/Business/wireStory/elon-mus...
Edited by Byker28i on Thursday 14th April 13:24
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