Search results

My favorite line today, "If Elon Musk had bad intentions, he could have bought Congress for a fraction of the price."

I expect Elon to get into bottled water soon as well.

Removing company from stock exchanges.

Stuff like this: Fed Hires BlackRock to Help Calm Markets. Its ETF Business Wins Big. - WSJ

I wasn't clear enough. I think they should break off the operations that our Governmental tasking essentially so that their private shareholders aren't exposed to the risk of government assets as well. This is an effort to minimize the threat of 'too big to fail' nonsense that always results...

Really just a perfect example of a company that is TOO large and needs to be broken up into competing firms.

On what grounds? And, at a certain point, it's completely legal for an owner going private (with alarge enough portion of shares) to completely ignore any remaining stock holders. I doubt it. I mean, I think they'd love to try, but it would also open Blackrock up to lawsuits by their share...

What @Abhorsen said. If/when Musk gains a certain percentage of the shares (I think it's around 85-90%) he'll be able to pull the company to private status and de-list it.

@Abhorsen That is just for the purchase of his 9% stake. Is that all you were trying to show? So I didn't read enough of the fine print. I am ashamed.

Hmm...Florida's pension fund could sell to Musk and make some money for its members!

Nope. & I killed my facebook account.

I think Musk has contingencies in place for most situations involving Twitter. I think my favorite part is how much this is highlighting the Twitter Board. Shows just how much they don't care about their shareholders.

Yup

I think he's hoping the bubble will burst. It will allow him to buy up a greater percentage for cheap, and he won't be capped on how much he can own because he DID NOT take a seat on the board. I feel a hostile takeover coming.

What else do you say to the primary owner of your company?

We'll see. I'm wondering at Musk's play here. He didn't get enough to just take over unless he's negotiating for support from other stake holders.

Cue the Imperial March! :devilish:

Elon's latest Tweet for Texas! Elon Musk @elonmusk Oct 29, 2021 Am thinking of starting new university: Texas Institute of Technology & Science Elon Musk @elonmusk It will have epic merch 12:22 AM · Oct 29, 2021