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  3. Elon Musk buys a big chunk of Twitter

Elon Musk buys a big chunk of Twitter

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  • taiwan_girlT taiwan_girl

    I dont use twitter at all, but obviously know what it is about, etc.

    In the esteemed opinion of the forum brains:

    If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

    If YOU were able to change things at Twitter, what would you do?

    I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

    Aqua LetiferA Offline
    Aqua LetiferA Offline
    Aqua Letifer
    wrote on last edited by Aqua Letifer
    #95

    @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

    I dont use twitter at all, but obviously know what it is about, etc.

    In the esteemed opinion of the forum brains:

    If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

    If YOU were able to change things at Twitter, what would you do?

    I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

    I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

    Please love yourself.

    taiwan_girlT 1 Reply Last reply
    • Aqua LetiferA Aqua Letifer

      @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

      I dont use twitter at all, but obviously know what it is about, etc.

      In the esteemed opinion of the forum brains:

      If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

      If YOU were able to change things at Twitter, what would you do?

      I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

      I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

      taiwan_girlT Offline
      taiwan_girlT Offline
      taiwan_girl
      wrote on last edited by
      #96

      @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

      @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

      I dont use twitter at all, but obviously know what it is about, etc.

      In the esteemed opinion of the forum brains:

      If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

      If YOU were able to change things at Twitter, what would you do?

      I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

      I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

      I think that makes sense, but to the 99% of people not directly involved with the compnay, what does that mean?

      Shift in algorithm?
      No moderation?
      etc

      HoraceH Aqua LetiferA 2 Replies Last reply
      • taiwan_girlT taiwan_girl

        @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

        @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

        I dont use twitter at all, but obviously know what it is about, etc.

        In the esteemed opinion of the forum brains:

        If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

        If YOU were able to change things at Twitter, what would you do?

        I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

        I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

        I think that makes sense, but to the 99% of people not directly involved with the compnay, what does that mean?

        Shift in algorithm?
        No moderation?
        etc

        HoraceH Offline
        HoraceH Offline
        Horace
        wrote on last edited by
        #97

        @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

        @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

        @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

        I dont use twitter at all, but obviously know what it is about, etc.

        In the esteemed opinion of the forum brains:

        If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

        If YOU were able to change things at Twitter, what would you do?

        I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

        I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

        I think that makes sense, but to the 99% of people not directly involved with the compnay, what does that mean?

        Shift in algorithm?
        No moderation?
        etc

        Musk is an established proponent of "free speech", which is to say, he practices it, and has been known to utter opinions not in line with the woke narrative of the day. He is not a trusted member of that tribe, which may, to the bean counters at Twitter, seem dangerous. And of course it may seem dangerous to indoctrinated folk who get triggered when they are confronted by opinions that make them feel unsafe.

        For practical purposes you might consider this to be a fear of less moderation, but there is also the notion that Musk will be considered a visible leader on the platform, regardless of practical effect. Think of how people felt their own self-image to be tarnished by Trump as their president. People don't like leaders they feel are icky, regardless of the practical effect of those leaders.

        Education is extremely important.

        CopperC 1 Reply Last reply
        • HoraceH Offline
          HoraceH Offline
          Horace
          wrote on last edited by
          #98

          Then again, it would probably be easy to overestimate how much anybody actually cares. Whatever reactions we're seeing are amplified by whatever media we consume those reactions through. Has anybody seen a random-sample reaction to this?

          Education is extremely important.

          1 Reply Last reply
          • taiwan_girlT taiwan_girl

            @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

            @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

            I dont use twitter at all, but obviously know what it is about, etc.

            In the esteemed opinion of the forum brains:

            If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

            If YOU were able to change things at Twitter, what would you do?

            I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

            I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

            I think that makes sense, but to the 99% of people not directly involved with the compnay, what does that mean?

            Shift in algorithm?
            No moderation?
            etc

            Aqua LetiferA Offline
            Aqua LetiferA Offline
            Aqua Letifer
            wrote on last edited by
            #99

            @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

            @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

            @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

            I dont use twitter at all, but obviously know what it is about, etc.

            In the esteemed opinion of the forum brains:

            If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

            If YOU were able to change things at Twitter, what would you do?

            I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

            I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

            I think that makes sense, but to the 99% of people not directly involved with the compnay, what does that mean?

            Everything is speculation until it happens.

            Please love yourself.

            1 Reply Last reply
            • taiwan_girlT taiwan_girl

              I dont use twitter at all, but obviously know what it is about, etc.

              In the esteemed opinion of the forum brains:

              If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

              If YOU were able to change things at Twitter, what would you do?

              I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

              X Offline
              X Offline
              xenon
              wrote on last edited by xenon
              #100

              @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

              If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

              Fewer bans. Wouldn't have banned Trump.

              Other than that - not much.

              Trump could have set up a simple blog called "Trump thoughts" and just self-published.

              He was bigger than the platform.

              George KG AxtremusA 2 Replies Last reply
              • HoraceH Horace

                @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                I dont use twitter at all, but obviously know what it is about, etc.

                In the esteemed opinion of the forum brains:

                If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                If YOU were able to change things at Twitter, what would you do?

                I guess I dont understand what the fear/happiness is if he buys a large share of Twitter.

                I think Musk would have different motivations than current Twitter management, which I think would be a good thing for the platform. That's all I can say with some certainty.

                I think that makes sense, but to the 99% of people not directly involved with the compnay, what does that mean?

                Shift in algorithm?
                No moderation?
                etc

                Musk is an established proponent of "free speech", which is to say, he practices it, and has been known to utter opinions not in line with the woke narrative of the day. He is not a trusted member of that tribe, which may, to the bean counters at Twitter, seem dangerous. And of course it may seem dangerous to indoctrinated folk who get triggered when they are confronted by opinions that make them feel unsafe.

                For practical purposes you might consider this to be a fear of less moderation, but there is also the notion that Musk will be considered a visible leader on the platform, regardless of practical effect. Think of how people felt their own self-image to be tarnished by Trump as their president. People don't like leaders they feel are icky, regardless of the practical effect of those leaders.

                CopperC Offline
                CopperC Offline
                Copper
                wrote on last edited by Copper
                #101

                @Horace said in Elon Musk buys a big chunk of Twitter:

                People don't like leaders they feel are icky

                There can be no question that the most important trait of any leader today is, not icky.

                I am so happy that when I was a working man dealing with leaders, nobody had ever heard of not being icky.

                Tough Minded Managers were in demand.

                1 Reply Last reply
                • X xenon

                  @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                  If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                  Fewer bans. Wouldn't have banned Trump.

                  Other than that - not much.

                  Trump could have set up a simple blog called "Trump thoughts" and just self-published.

                  He was bigger than the platform.

                  George KG Offline
                  George KG Offline
                  George K
                  wrote on last edited by George K
                  #102

                  @xenon said in Elon Musk buys a big chunk of Twitter:

                  Fewer bans. Wouldn't have banned Trump.

                  Other than that - not much.

                  image.jpeg

                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                  1 Reply Last reply
                  • George KG Offline
                    George KG Offline
                    George K
                    wrote on last edited by
                    #103

                    Bret Taylor
                    Chairman of the Board,

                    I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.

                    However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.

                    As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.

                    Twitter has extraordinary potential. I will unlock it.

                    /s/ Elon Musk

                    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                    1 Reply Last reply
                    • jon-nycJ Online
                      jon-nycJ Online
                      jon-nyc
                      wrote on last edited by
                      #104

                      I was just coming here to post that

                      Only non-witches get due process.

                      • Cotton Mather, Salem Massachusetts, 1692
                      1 Reply Last reply
                      • KlausK Offline
                        KlausK Offline
                        Klaus
                        wrote on last edited by Klaus
                        #105

                        As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash

                        I bought a few days ago at $44. I'll happily sell my few stocks to Elon for that price.

                        1 Reply Last reply
                        • X xenon

                          @taiwan_girl said in Elon Musk buys a big chunk of Twitter:

                          If Elon Musk buys a large share of Twitter, what do you think he will do to change things?

                          Fewer bans. Wouldn't have banned Trump.

                          Other than that - not much.

                          Trump could have set up a simple blog called "Trump thoughts" and just self-published.

                          He was bigger than the platform.

                          AxtremusA Away
                          AxtremusA Away
                          Axtremus
                          wrote on last edited by
                          #106

                          @xenon said in Elon Musk buys a big chunk of Twitter:

                          Trump could have set up a simple blog called "Trump thoughts" and just self-published.

                          He used to publish short statements on and off via something he called “From the Desk of Donald J. Trump” (that’s after his Twitter and Facebook bans), but that did not get much traction and eventually he stopped doing that. None of Trump’s efforts to move to or create other social media platforms has gone anywhere.

                          1 Reply Last reply
                          • KlausK Offline
                            KlausK Offline
                            Klaus
                            wrote on last edited by
                            #107

                            Why doesn't the stock price go up to $54.20? Is that a signal of the uncertainty that people will sell to Elon?

                            How many shareholders would need to sell to make the deal go through?

                            AxtremusA 1 Reply Last reply
                            • AxtremusA Away
                              AxtremusA Away
                              Axtremus
                              wrote on last edited by
                              #108

                              As for Musk buying 100% of Twitter and taking Twitter private …

                              1. Will the Board sell? @klaus aside, will the shareholders sell? The Twitter-verse has always been more than “making money,” just not sure how much more.
                              2. Will it run into regulatory roadblocks? It won’t be the fist time the government step in to stop some mega merger or mega buyout.
                              3. If the buyout attempt fails, will Musk try to build his own or just move on to the next project?
                              1 Reply Last reply
                              • KlausK Klaus

                                Why doesn't the stock price go up to $54.20? Is that a signal of the uncertainty that people will sell to Elon?

                                How many shareholders would need to sell to make the deal go through?

                                AxtremusA Away
                                AxtremusA Away
                                Axtremus
                                wrote on last edited by
                                #109

                                @Klaus said in Elon Musk buys a big chunk of Twitter:

                                Why doesn't the stock price go up to $54.20? Is that a signal of the uncertainty that people will sell to Elon?

                                How many shareholders would need to sell to make the deal go through?

                                Probably wait ‘til the US markets open before you take the last reported ticker price seriously?

                                1 Reply Last reply
                                • George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by
                                  #110

                                  In the filing:

                                  Screen Shot 2022-04-14 at 7.15.11 AM.png

                                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                  1 Reply Last reply
                                  • AxtremusA Away
                                    AxtremusA Away
                                    Axtremus
                                    wrote on last edited by
                                    #111

                                    Taking Musk’s statements at face value, the offer to buy Twitter will come up to $43 Billion. Subtracting the 9%-ish that Musk already owns, Musk still needs to cough up $40 Billion in cash. That’s something like one fifth of Musk’s estimated net worth, most of which are tied up in equities of other companies. Will Musk be willing to actually pay the massive capital gains hit to sell whatever equities in other companies to come up with the $40 Billion to take Twitter public? If he is, what are the effects on the companies whose stocks Musk will sell to raise the cash for his Twitter takeover?

                                    KlausK 1 Reply Last reply
                                    • AxtremusA Axtremus

                                      Taking Musk’s statements at face value, the offer to buy Twitter will come up to $43 Billion. Subtracting the 9%-ish that Musk already owns, Musk still needs to cough up $40 Billion in cash. That’s something like one fifth of Musk’s estimated net worth, most of which are tied up in equities of other companies. Will Musk be willing to actually pay the massive capital gains hit to sell whatever equities in other companies to come up with the $40 Billion to take Twitter public? If he is, what are the effects on the companies whose stocks Musk will sell to raise the cash for his Twitter takeover?

                                      KlausK Offline
                                      KlausK Offline
                                      Klaus
                                      wrote on last edited by
                                      #112

                                      @Axtremus said in Elon Musk buys a big chunk of Twitter:

                                      Taking Musk’s statements at face value, the offer to buy Twitter will come up to $43 Billion. Subtracting the 9%-ish that Musk already owns, Musk still needs to cough up $40 Billion in cash. That’s something like one fifth of Musk’s estimated net worth, most of which are tied up in equities of other companies. Will Musk be willing to actually pay the massive capital gains hit to sell whatever equities in other companies to come up with the $40 Billion to take Twitter public? If he is, what are the effects on the companies whose stocks Musk will sell to raise the cash for his Twitter takeover?

                                      Wouldn't banks happily give him a loan?

                                      AxtremusA 1 Reply Last reply
                                      • KlausK Klaus

                                        @Axtremus said in Elon Musk buys a big chunk of Twitter:

                                        Taking Musk’s statements at face value, the offer to buy Twitter will come up to $43 Billion. Subtracting the 9%-ish that Musk already owns, Musk still needs to cough up $40 Billion in cash. That’s something like one fifth of Musk’s estimated net worth, most of which are tied up in equities of other companies. Will Musk be willing to actually pay the massive capital gains hit to sell whatever equities in other companies to come up with the $40 Billion to take Twitter public? If he is, what are the effects on the companies whose stocks Musk will sell to raise the cash for his Twitter takeover?

                                        Wouldn't banks happily give him a loan?

                                        AxtremusA Away
                                        AxtremusA Away
                                        Axtremus
                                        wrote on last edited by
                                        #113

                                        @Klaus said in Elon Musk buys a big chunk of Twitter:

                                        Wouldn't banks happily give him a loan?

                                        The loan will need to be paid back, with interest. The money still needs to come from somewhere. With old school buyout, you’d try to convince the bank that the company you’re buying will generate enough cash to pay back the loan. Twitter is not even profitable right now.

                                        KlausK LuFins DadL 2 Replies Last reply
                                        • AxtremusA Axtremus

                                          @Klaus said in Elon Musk buys a big chunk of Twitter:

                                          Wouldn't banks happily give him a loan?

                                          The loan will need to be paid back, with interest. The money still needs to come from somewhere. With old school buyout, you’d try to convince the bank that the company you’re buying will generate enough cash to pay back the loan. Twitter is not even profitable right now.

                                          KlausK Offline
                                          KlausK Offline
                                          Klaus
                                          wrote on last edited by
                                          #114

                                          @Axtremus said in Elon Musk buys a big chunk of Twitter:

                                          @Klaus said in Elon Musk buys a big chunk of Twitter:

                                          Wouldn't banks happily give him a loan?

                                          The loan will need to be paid back, with interest. The money still needs to come from somewhere. With old school buyout, you’d try to convince the bank that the company you’re buying will generate enough cash to pay back the loan. Twitter is not even profitable right now.

                                          He could use a part of his stocks in Tesla and SpaceX as collateral, no?

                                          AxtremusA 1 Reply Last reply
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