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

[Anonymous]

Anonymous wrote:The Chinese government and state media all still have their accounts. Elon won’t dare touch them. He’s a tool of the communist party.

As do many of the top Russian propaganda accounts.

But American journalists are being suspended and censored like crazy.

[Anonymous]

He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???

[Anonymous]

Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???

Not that simple with $13 bn financing structure. He’s leveraged a significant part of his wealth for Tesla and SpaceX. Plus the $7.1 bn the Saudis put into the deal. He could very well lose control of Tesla.

[Anonymous]

Anonymous wrote:

Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???

Not that simple with $13 bn financing structure. He’s leveraged a significant part of his wealth for Tesla and SpaceX. Plus the $7.1 bn the Saudis put into the deal. He could very well lose control of Tesla.

I will be ecstatic if he loses control of Tesla. He has already wreaked far too much havoc on their valuation.

[Anonymous]

Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???

I still can’t figure out his play. He’s certainly acting like someone who will bankrupt the company - not paying rent, not paying legally required severance, not paying vendors, auctioning the furniture, etc. I doubt Twitter is making its tax payments. It’s as if he’s hoarding the company cash and trying to force the creditors to deal with a bankruptcy court to get paid.

I still can’t figure out the end game.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???

Not that simple with $13 bn financing structure. He’s leveraged a significant part of his wealth for Tesla and SpaceX. Plus the $7.1 bn the Saudis put into the deal. He could very well lose control of Tesla.

I will be ecstatic if he loses control of Tesla. He has already wreaked far too much havoc on their valuation.

Tesla is still insanely priced based on EBITDA. The slowdown in the Chinese market will be devastating.

[Anonymous]

Are we going to find out who Dril is?

[Anonymous]

Anonymous wrote:

Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???

I still can’t figure out his play. He’s certainly acting like someone who will bankrupt the company - not paying rent, not paying legally required severance, not paying vendors, auctioning the furniture, etc. I doubt Twitter is making its tax payments. It’s as if he’s hoarding the company cash and trying to force the creditors to deal with a bankruptcy court to get paid.

I still can’t figure out the end game.

I’m the PP, and that’s basically where I am as well. None of us here are any kind of stable geniuses and we all seem to be able to figure out that this is bad not only for Twitter, but for all his other ventures as well. So what is the goal here? To demonstrate that it’s possible to blow up a hundred billion dollars in a few short months? None of it makes any sense.

[Anonymous]

Anonymous wrote:

Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???

I still can’t figure out his play. He’s certainly acting like someone who will bankrupt the company - not paying rent, not paying legally required severance, not paying vendors, auctioning the furniture, etc. I doubt Twitter is making its tax payments. It’s as if he’s hoarding the company cash and trying to force the creditors to deal with a bankruptcy court to get paid.

I still can’t figure out the end game.

Trying to make them accept pennies on the dollar is a time honored tradition. Real estate investment trusts aren’t as susceptible to extortion. And California regulators are pretty serious about its labor and tax laws. There’s a good reason the Twitter legal team is gone. Musk cannot stand being told “you can’t do that.”

[Anonymous]

Anonymous wrote:

Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???

I still can’t figure out his play. He’s certainly acting like someone who will bankrupt the company - not paying rent, not paying legally required severance, not paying vendors, auctioning the furniture, etc. I doubt Twitter is making its tax payments. It’s as if he’s hoarding the company cash and trying to force the creditors to deal with a bankruptcy court to get paid.

I still can’t figure out the end game.

I've heard he's been selling billions of his TSLA stock in the last few days - likely to try and keep Twitter afloat. I think he genuinely has no clue what he's doing. He believed in his own hubris, and has unwittingly turned Twitter into a complete dumpster fire and now it's all he can do to keep it afloat.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Where are all the right wingers to criticize elons egregious suppression of free speech?

Twitter is a private company. They can do what they want.

Those are the rules, right?

[Anonymous]

Musk sounds mentally unwell.

[Anonymous]

Anonymous wrote:Musk sounds mentally unwell.

He took too many red pills.

[Anonymous]

Anonymous wrote:

Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???

Not that simple with $13 bn financing structure. He’s leveraged a significant part of his wealth for Tesla and SpaceX. Plus the $7.1 bn the Saudis put into the deal. He could very well lose control of Tesla.

I saw a video yesterday, maybe on business insider? Saying Musk was perhaps trying to make the banks back off on debt payments, junk the company and then have the banks accept 10 or 15% of the original payments. I'm just not sure why he'd expect advertisers to flock back, or to ever get nother bank loan if he does that?
Of course, if he has even 1 billion in cash from recent sales, he could retire and live "lowkey" for his natural life...

[Anonymous]

Anonymous wrote:

Anonymous wrote:He must be doing this on purpose. Drive the company into bankruptcy and reorganize without ramifications???

I still can’t figure out his play. He’s certainly acting like someone who will bankrupt the company - not paying rent, not paying legally required severance, not paying vendors, auctioning the furniture, etc. I doubt Twitter is making its tax payments. It’s as if he’s hoarding the company cash and trying to force the creditors to deal with a bankruptcy court to get paid.

I still can’t figure out the end game.

In all seriousness, this feels like someone with unmanaged bipolar disorder who is in a severe manic phase.