Musk actually buys Twitter.

Rocinante

Russian Bot
Founder
I think the deathblow for Twitter is that younger people don't use it, which mean who's on there now is all they got.
Their upper middle class corporate allies use it. And what happens on Twitter expands way beyond Twitter.

It's their favorite toy. That's why they're so upset over Elon buying it. It's not going to be given up easily, and if the sale falls through they'll ensure Twitter stays around.
 

liberty90

Evil Neoliberal Cat
On the one hand, good on him for not letting them push him around.

On the other hand, they might be using this as an excuse to not get bought out.

The price for this is just too high, especially with worsening market conditions, so I think that not buying may be in fact in Musk best interest. Space exploration is also important.
 

Bacle

When the effort is no longer profitable...
Founder
The price for this is just too high, especially with worsening market conditions, so I think that not buying may be in fact in Musk best interest. Space exploration is also important.
And Starship just got FAA cert for it's tanks, so they can move launch prep into high gear if the rest of the permits and wet rehearsals done.
 

Sobek

Disgusting Scalie



Tl;Dr Twitter lied about how much they were worth, then lied about the data they had about their platform, then refused to be open about it and negotiate therefore trying to swindle both Elon and Twitter Shareholders.

There is a game theory that Elon never meant to buy Twitter, and this deal was a cover for him to cash a shitload of Tesla shares without causing the Tesla bubble to pop at once. Weather it is true or not, I have to say if it is the case it was a really smart play by Elon as he not only cashed out but also fucked twitter over AND kept the people who are big on Tesla safe while doing big damage to his enemies.
 

Rocinante

Russian Bot
Founder
Oh guess who called that out in may and got told they were wrong?


I had a feeling this was too good to be true. I'll bet the deal falls through now.

Guys, I don't think this purchase is going to happen.



Part of me wonders is it was ever going to happen, or of this was some quick money making scheme (possibly gone wrong) from Musk.



Now news like this comes out. Even if he was serious, he is probably rethinking it now
Maybe he will buy at a discount, but I find it more likely he just backs out. Maybe I'll be wrong. But I wouldn't want to buy into what is looking like a huge legal mess.

They're not getting bought out.



This plan is absolutely going to fall through. Elon is probably just trying to get the price to crash so he can buy more stock on the cheap and then sell once it boosts.



I've been skeptical about this deal going through from the start.
 
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Bear Ribs

Well-known member
Twitter says it will sue to force Musk to buy them. I have no idea what's going on now, and I'm not entirely sure I believe this without some serious proof like an actual filing, I was under the impression Twitter's board wasn't really keen on being bought.

 

Rocinante

Russian Bot
Founder
Twitter says it will sue to force Musk to buy them. I have no idea what's going on now, and I'm not entirely sure I believe this without some serious proof like an actual filing, I was under the impression Twitter's board wasn't really keen on being bought.


They weren't keen on being bought before all the fraud which made Elon back out got exposed.

Now they want off the sinking ship, and they're stuck with it.
 

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