Elon Musk buys $3 billion stake (9.2%) in Twitter and is now the platform's largest shareholder

[Anonymous]

Anonymous wrote:

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Anonymous wrote:The world's (formerly) richest man stops paying rent !!!??? on Twitter's offices due to the turmoil at the company? Holy cr*p. Sounds like he is doing a GREAT JOB

https://www.marketwatch.com/story/elon-musk-has-reportedly-stopped-paying-rent-on-twitter-offices-and-told-staff-not-to-pay-vendors-11671019938

I suspect it’s a gambit to get lower rent. Commercial landlords are hurting bad now and may reduce twitters rent rather than evict and fight with them. The flip side of course is that the landlords cannot let it be known that this is all you need to do to get a better deal or every tenant will do it. And that’s a particularly big concern with a high profile company like Twitter.

He has to make interest payments on $13b of debt, or twitter ends up in the hands of the banks. He's doing everything possible to hold onto cash, including selling off furniture and equipment. He might stiff people on severance.

What he doesn't pay in severance, he'll pay in lawyer fees. If he has competent legal help, they're going to need some pretty fat retainers.

Stopping payment on all of the things listed in the article strongly suggests Twitter is planning to file for bankruptcy any day now. Then everyone who wants to sue Twitter will have to do it through the bankruptcy court, and it lets Twitter hold onto cash that could be used to negotiate a debt restructuring rather than having to chase everyone who was paid through clawback proceedings.

Zeroing out every employee’s stock options seems like a great way to go from under staffed to not having a staff

[Anonymous]

jsteele wrote:Policies are subject to revision without notice apparently:

Lmao @ you calling out Elon Musk, as if you’re not the same sort of trifling tyrant…albeit not wealthy, famous, iconic, or talented.

[Anonymous]

Anonymous wrote:

jsteele wrote:Policies are subject to revision without notice apparently:

Lmao @ you calling out Elon Musk, as if you’re not the same sort of trifling tyrant…albeit not wealthy, famous, iconic, or talented.

You can’t defend Musk’s conduct so you have to resort to personal attacks on the person sharing it. Sad.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

jsteele wrote:Policies are subject to revision without notice apparently:

Lmao @ you calling out Elon Musk, as if you’re not the same sort of trifling tyrant…albeit not wealthy, famous, iconic, or talented.

You can’t defend Musk’s conduct so you have to resort to personal attacks on the person sharing it. Sad.

But it does reveal that none of them ever believed all the crap they weee spewing about “free speech.”

[Anonymous]

Anonymous wrote:

Anonymous wrote:

jsteele wrote:Policies are subject to revision without notice apparently:

Lmao @ you calling out Elon Musk, as if you’re not the same sort of trifling tyrant…albeit not wealthy, famous, iconic, or talented.

You can’t defend Musk’s conduct so you have to resort to personal attacks on the person sharing it. Sad.

Why would I need to defend Elon Musk’s conduct? I don’t know him and he isn’t paying me. Get a life.

[Anonymous]

This Twitter acquisition is killing TSLA. It’s down 52% since the deal was approved in April while the S&P500 is down only 5.5% for the same period. And it’s down about 29% since the deal closed while the S&P is up 6.6%. Goldman cut its price target for TSLA from $305 to $235, triggering another 2.6% drop today. Any guesses on how bad it will be tomorrow after tonight’s news that cash-strapped Musk sold another $3.6 billion in shares this week?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

jsteele wrote:Policies are subject to revision without notice apparently:

Lmao @ you calling out Elon Musk, as if you’re not the same sort of trifling tyrant…albeit not wealthy, famous, iconic, or talented.

You can’t defend Musk’s conduct so you have to resort to personal attacks on the person sharing it. Sad.

Why would I need to defend Elon Musk’s conduct? I don’t know him and he isn’t paying me. Get a life.

Says the person who is hanging around here to bash Jeff.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

jsteele wrote:Policies are subject to revision without notice apparently:

Lmao @ you calling out Elon Musk, as if you’re not the same sort of trifling tyrant…albeit not wealthy, famous, iconic, or talented.

You can’t defend Musk’s conduct so you have to resort to personal attacks on the person sharing it. Sad.

Why would I need to defend Elon Musk’s conduct? I don’t know him and he isn’t paying me. Get a life.

Says the person who is hanging around here to bash Jeff.

You can’t defend Jeff’s conduct so you have to resort to personal attacks on the person sharing it. Sad.

[Anonymous]

Santa tracker also now illegal on Twitter. War on Christmas!

[Anonymous]

Elon’s about to face a margin call spiral.

[Anonymous]

Anonymous wrote:This Twitter acquisition is killing TSLA. It’s down 52% since the deal was approved in April while the S&P500 is down only 5.5% for the same period. And it’s down about 29% since the deal closed while the S&P is up 6.6%. Goldman cut its price target for TSLA from $305 to $235, triggering another 2.6% drop today. Any guesses on how bad it will be tomorrow after tonight’s news that cash-strapped Musk sold another $3.6 billion in shares this week?

Musk sold about $3.6 billion in Tesla stock this week. Form 4 just came out.

And Tesla’s getting sick of this Twitter sh|t.

[Anonymous]

Musk is now threatening legal action against the kid (Jack Sweeney) who ran the jet twitter account, because someone stalked a car in LA??
Yeah, it makes no sense.

Elon's tweet:

Last night, car carrying lil X in LA was followed by crazy stalker (thinking it was me), who later blocked car from moving & climbed onto hood.

Legal action is being taken against Sweeney & organizations who supported harm to my family.

[Anonymous]

Never thought we would get to watch the world's (formerly) richest man melt down in real.time, but here we are.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:Ha ha he's such a hypocrite

https://www.reddit.com/r/WhitePeopleTwitter/comments/zlnhkq/elon_musk_has_suspended_the_twitter_account_that/

Yup

Well, you wanted moderation and now you’ve got it. Rejoice.

The same user maintains accounts following other billionaire's jets- those have not been suspended

Twitter is a private company and can do what it wants. If you don’t like it, go elsewhere.

I’m pretty sure that was the liberal line when conservatives used to complain about Twitter. So, now that liberals are whining, why don’t you take your own advice?

But Elon's line was the everyone has a free speech right to post anything they want on Twitter. And now he's shown he never believed that and it was just an act. We're just calling out his hypocrisy. Which is what free speech actually means.

Oh, well, Twitter is a private company and can do what it wants. Deal with it or go elsewhere, right?

This is not Twitter. And I'm going to keep calling out his hypocrisy as well as all the other right-wingers who have been complaining about how their free speech is being suppressed. Don't like it, go somewhere else.

Are you saying this isn't a private website too?

[Anonymous]

Anonymous wrote:

jsteele wrote:Policies are subject to revision without notice apparently:

The new policy language is going to be problematic in a lot of ways:

Under this policy, you can’t share the following types of private information, without the permission of the person who it belongs to:
…

live location information, including information shared on Twitter directly or links to 3rd-party URL(s) of travel routes, actual physical location, or other identifying information that would reveal a person’s location, regardless if this information is publicly available;

If this provision is construed to allow Musk to have information about the location of hai private jet blocked from Twitter, then no one can post images of any public events like concerts, sporting events, or even just a public street if there are any people captured in the photo unless you have the permission of every person in the photo/video to do so. Otherwise you’re revealing the actual physical location of those people without their permission.

He also stated that delayed information is ok. So, let's say Nancy Pelosi is en route to somewhere. You can't post her exact live route, as that would allow someone to get ahead of the car and lie in wait. You can, however, post a slightly delayed route. So if Pelosi's car just passed Smith Street, someone can get an idea of where she just was but can't accurately predict where she will be in enough time to ambush.