Current Affairs Elon Musk

[Death]

Musk Takes Nearly $3B Stake in Twitter; DOGE Spikes

Musk often uses the social media site to dispel his views on crypto.

www.coindesk.com

That's one way to bypass cancel culture. Knell.

 

[Yarrgh]

Such a rags to riches story. Imagine what he could have achieved if his old man wasn't down to his last emerald mine.

 

[longers]

 

[LinekersLegs]

 

[longers]

fingers crossed this doesn’t happen

 

[DuuuncanHadaPigeon]

fingers crossed this doesn’t happen

Out of interest why don't you want this to happen? I don't have twitter so can't really comment but is this a bad thing?

 

[longers]

Out of interest why don't you want this to happen? I don't have twitter so can't really comment but is this a bad thing?

I just don’t trust his motives, on anything, ever

 

[Wizard]

I just don’t trust his motives, on anything, ever

I agree but I'm pretty sure the board will reject this offer anyway

 

[PhilM]

Out of interest why don't you want this to happen? I don't have twitter so can't really comment but is this a bad thing?

Money talks... but it'll need to be a huge amount of money, and I doubt he'll be willing to stump up.

 

[DuuuncanHadaPigeon]

Money talks... but it'll need to be a huge amount of money, and I doubt he'll be willing to stump up.

He has just offered a cash deal for like a 35% premium or something. Seems like he has the cash

 

[PhilM]

He has just offered a cash deal for like a 35% premium or something. Seems like he has the cash

I mean enough cash to afford what they demand, which they may do to try and stop his hostile takeover. However, Radio 4 suggests they’ll have to sell.

 

[DuuuncanHadaPigeon]

I mean enough cash to afford what they demand, which they may do to try and stop his hostile takeover. However, Radio 4 suggests they’ll have to sell.

Like I said, he has offered 35% ish above market price, can't imagine the shareholders will turn it down

 

[Brett Angell Delight]

I really hope he buys Twitter, turns it into the right wing echo chamber he clearly wants it to be, then the whole thing goes the way of MySpace and everyone sees him for the clueless knob he is.

 

[Connor]

He’s offered to buy it at a high price just so he can raise the price for when he sells his stake

What he’s done with all his crypto nonsense

 

[LostLegend]

Wouldn’t put it past him for this to be a naff publicity stunt. Not entirely sure he has 40billion in liquid assets to buy Twitter outright does he? I thought most of his wealth was tied up in shares of Tesla and Space X?