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

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Love Elon! Look forward to more balance.

+1

Why the F isn’t he solving world hunger like he said he would?

What a useless pos he is

You didn’t think Musk was serious about that, did you? World hunger doesn’t personally affect him so he doesn’t care.

If this deal goes through (and it’s still far from a sure thing), he is going to make a mess of Twitter.

Especially true with Vanguard holding 10+%. What kind of premium will they demand?

They don't get a premium. All shareholders must be treated equally.

DP. The point is, this deal still has to go to a shareholder vote. If Vanguard says they will vote against any deal that values their shares at less than $62 a share, that could be a big problem for Musk.

That said, Vanguard typically follows management recommendations so it seems unlikely they would be activist in this case.

Also, the "best price rule" only applies ot tender offers. I have no idea how this is being structured. I haven't seen the deal docs. Have you?

[Anonymous]

Anonymous wrote:The question is why did Musk not snag the RW alternative to Twitter for $44 and make it be actual RW fantasy better alternative instead of spending $44B on twitter?

Good question.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Love Elon! Look forward to more balance.

+1

Why the F isn’t he solving world hunger like he said he would?

What a useless pos he is

You didn’t think Musk was serious about that, did you? World hunger doesn’t personally affect him so he doesn’t care.

If this deal goes through (and it’s still far from a sure thing), he is going to make a mess of Twitter.

Opportunity here for twitter to be replaced with something better.

You think Musk is planning to buy Twitter just to shut it down? Of course not. Musk wants to make tweaks to Twitter to suit his preferences, but doesn’t seem to have thought them through very well.

For instance, his plan to make the algorithm open-source so everyone can see why tweets appear or don’t appear on their timelines. This could hurt twitter’s ad revenues significantly if marketers can figure out how to get their tweets bumped up in timelines without paying Twitter for it.

Relatedly, yes, I know Musk once said he wanted to do away with ads on Twitter. But he’s backed away from that suggestion, and reality is that he hasn’t articulated how he would replace ad revenue, which makes up nearly 90% of Twitter’s revenues.

Second, adding an edit feature could significantly discourage people from interacting with other users’ Tweets. Would you be comfortable liking or commenting favorably on a Tweet and having your endorsement associated with your user name (for which you have limited privacy) if the author of the tweet could later edit it to say something completely different? A whole bunch of tweet with limited interaction by other users would be a completely different experience that doesn’t reflect how people like to use social media today.

As for Musk’s so-called free speech platform, a significant part of why Twitter started cracking down on false/misleading, abusive and otherwise inappropriate content was because (1) they were losing a lot of users over the lack of moderation, (2) they risked running afoul of European content regulations, and (3) there were concerns that the US government would take it upon itself to regulate the space if the platforms didn’t regulate themselves. Musk will run into a lot of legal issues if he lets Twitter become the kind of Wild West it was before.

Good point. I hadn’t considered that.

[Anonymous]

Anonymous wrote:The question is why did Musk not snag the RW alternative to Twitter for $44 and make it be actual RW fantasy better alternative instead of spending $44B on twitter?

Elon Musk isn't a republican or right wing. He donated to Hillary Clinton's 2016 campaign.

Refusing to cow to the thought police is something anyone can do, not just right wingers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The question is why did Musk not snag the RW alternative to Twitter for $44 and make it be actual RW fantasy better alternative instead of spending $44B on twitter?

Elon Musk isn't a republican or right wing. He donated to Hillary Clinton's 2016 campaign.

Refusing to cow to the thought police is something anyone can do, not just right wingers.

That was a good use for his fortune. Maybe if he had given more she could have won. Imagine where could we could be now if we had escaped four years of a trump adminstration.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The question is why did Musk not snag the RW alternative to Twitter for $44 and make it be actual RW fantasy better alternative instead of spending $44B on twitter?

Elon Musk isn't a republican or right wing. He donated to Hillary Clinton's 2016 campaign.

Refusing to cow to the thought police is something anyone can do, not just right wingers.

That was a good use for his fortune. Maybe if he had given more she could have won. Imagine where could we could be now if we had escaped four years of a trump adminstration.

Ugh, do you really believe this?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The question is why did Musk not snag the RW alternative to Twitter for $44 and make it be actual RW fantasy better alternative instead of spending $44B on twitter?

Elon Musk isn't a republican or right wing. He donated to Hillary Clinton's 2016 campaign.

Refusing to cow to the thought police is something anyone can do, not just right wingers.

That was a good use for his fortune. Maybe if he had given more she could have won. Imagine where could we could be now if we had escaped four years of a trump adminstration.

Ugh, do you really believe this?

Starting with the fact that we could have lost many less people including maybe some of my own family members if covid had been taken seriously by my government from the beginning... absolutely. And that is just for starters.

[Anonymous]

Apparently your new hero owner of twitter also wanted her to win.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Love Elon! Look forward to more balance.

+1

Why the F isn’t he solving world hunger like he said he would?

What a useless pos he is

You didn’t think Musk was serious about that, did you? World hunger doesn’t personally affect him so he doesn’t care.

If this deal goes through (and it’s still far from a sure thing), he is going to make a mess of Twitter.

Especially true with Vanguard holding 10+%. What kind of premium will they demand?

They don't get a premium. All shareholders must be treated equally.

DP. The point is, this deal still has to go to a shareholder vote. If Vanguard says they will vote against any deal that values their shares at less than $62 a share, that could be a big problem for Musk.

That said, Vanguard typically follows management recommendations so it seems unlikely they would be activist in this case.

Also, the "best price rule" only applies ot tender offers. I have no idea how this is being structured. I haven't seen the deal docs. Have you?

You don’t know as much as you think you do.

[Anonymous]

Break-up/termination fee is $1 billion. That’s a pretty hefty price tag if Musk can’t get the funding. Which may be a little harder after Tesla shares fell more than 12% today over concerns about the implications of the Twitter deal for Tesla. $125 billion in value gone.

[Anonymous]

The EU and Elon are on a collision course

https://www.google.com/amp/s/www.cnbc.com/amp/2022/04/26/elon-musks-twitter-takeover-sets-up-a-potential-clash-with-europe.html

[Anonymous]

Also, both Apple and Google stores require app developers to moderate content. Elon will need to moderate content, lest Twitter become flooded with kiddie porn

[Anonymous]

I’m so happy I deleted my twitter account in 2015! Also I’m sad I have been doing shots every time I hear/read Musk’s name. So over it!

[Anonymous]

Anonymous wrote:Also, both Apple and Google stores require app developers to moderate content. Elon will need to moderate content, lest Twitter become flooded with kiddie porn

No serious person thinks Musk intends to proceed without moderation.

[Anonymous]

Anonymous wrote:Also, both Apple and Google stores require app developers to moderate content. Elon will need to moderate content, lest Twitter become flooded with kiddie porn

Elon Musk has made it clear that any illegal postings will not be tolerated. Goes without saying that any CP should be removed and IP logs turned over to law enforcement. The majority of this country thinks that this takeover is a good thing.