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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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  • AxtremusA Axtremus

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

    $64 question: In 12 months, how much effect will Musk have on the Twitter profit/loss line?

    Assuming the deal does through, this will not be your concern by then and you may never know because it Twitter would be a private company not obligated to publish its financial statements.

    JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #210

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

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

    $64 question: In 12 months, how much effect will Musk have on the Twitter profit/loss line?

    Assuming the deal does through, this will not be your concern by then and you may never know because it Twitter would be a private company not obligated to publish its financial statements.

    You'll know.

    There is no such thing as a disseminated document that is not known beyond its original intended audience.

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

    1 Reply Last reply
    • George KG Offline
      George KG Offline
      George K
      wrote on last edited by
      #211

      Screen Shot 2022-04-25 at 5.33.34 PM.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
      • CopperC Offline
        CopperC Offline
        Copper
        wrote on last edited by
        #212

        He could turn out to be a fun guy.

        9a202ddd-8160-4bcb-b3aa-8daf863648a5-image.png

        1 Reply Last reply
        • George KG Offline
          George KG Offline
          George K
          wrote on last edited by
          #213

          "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
            #214

            I've almost run out of popcorn.

            alt text

            "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
              #215

              The memes are amazing...

              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
              • AxtremusA Offline
                AxtremusA Offline
                Axtremus
                wrote on last edited by
                #216

                https://www.cnbc.com/2022/04/25/donald-trump-says-he-wont-return-to-twitter-if-elon-musk-reverses-ban.html

                “Donald Trump says he won’t return to Twitter if Elon Musk reverses ban”

                Donald Trump told CNBC on Monday he wouldn’t return to Twitter even if Elon Musk, the company’s incoming owner, reversed the former president’s ban.
                .
                “No, I won’t be going back on Twitter,” Trump told CNBC’s Joe Kernen.
                .
                “I will be on Truth Social within the week. Its on schedule. We have a lot of people signed up. I like Elon Musk. I like him a lot. He’s an excellent individual. We did a lot for Twitter when I was in the White House. I was disappointed by the way I was treated by Twitter. I won’t be going back on Twitter,” he said.

                1 Reply Last reply
                • jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote on last edited by
                  #217

                  I just saw that. They’re still pretending truth social hasn’t failed. He’ll renege once they’re beyond that phase.

                  Only non-witches get due process.

                  • Cotton Mather, Salem Massachusetts, 1692
                  AxtremusA 1 Reply Last reply
                  • jon-nycJ Offline
                    jon-nycJ Offline
                    jon-nyc
                    wrote on last edited by
                    #218

                    Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                    Only non-witches get due process.

                    • Cotton Mather, Salem Massachusetts, 1692
                    George KG LuFins DadL KlausK 3 Replies Last reply
                    • jon-nycJ jon-nyc

                      I just saw that. They’re still pretending truth social hasn’t failed. He’ll renege once they’re beyond that phase.

                      AxtremusA Offline
                      AxtremusA Offline
                      Axtremus
                      wrote on last edited by
                      #219

                      @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                      He’ll renege once they’re beyond that phase.

                      Assuming you're referring to Trump, he does have a rich history of reneging on various pronouncements.

                      1 Reply Last reply
                      • jon-nycJ jon-nyc

                        Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                        George KG Offline
                        George KG Offline
                        George K
                        wrote on last edited by
                        #220

                        @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                        Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                        Totally n00b question: If he owns the company and it’s now private, does that matter?

                        "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.

                        jon-nycJ 1 Reply Last reply
                        • jon-nycJ jon-nyc

                          Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                          LuFins DadL Offline
                          LuFins DadL Offline
                          LuFins Dad
                          wrote on last edited by
                          #221

                          @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                          Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                          It was in free fall before he bought…

                          The Brad

                          1 Reply Last reply
                          • George KG George K

                            @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                            Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                            Totally n00b question: If he owns the company and it’s now private, does that matter?

                            jon-nycJ Offline
                            jon-nycJ Offline
                            jon-nyc
                            wrote on last edited by
                            #222

                            @George-K said in Elon Musk buys a big chunk of Twitter:

                            @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                            Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                            Totally n00b question: If he owns the company and it’s now private, does that matter?

                            Talking about truth social.

                            Twitter will trade just below musk’s offer price until it closes unless people start thinking it will fall through.

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            1 Reply Last reply
                            • jon-nycJ jon-nyc

                              Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                              KlausK Offline
                              KlausK Offline
                              Klaus
                              wrote on last edited by
                              #223

                              @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                              Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                              Is Truth Social even publicly traded? I for one can't find a ticker symbol.

                              1 Reply Last reply
                              • jon-nycJ Offline
                                jon-nycJ Offline
                                jon-nyc
                                wrote on last edited by
                                #224

                                It merged with a spac and did a back door ipo. It trades under the spac symbol DWAC

                                Only non-witches get due process.

                                • Cotton Mather, Salem Massachusetts, 1692
                                1 Reply Last reply
                                • JollyJ Offline
                                  JollyJ Offline
                                  Jolly
                                  wrote on last edited by
                                  #225

                                  Trump will be back. Twitter will provide the largest audience. Truth Social ain't gonna make it. Parler may not make it, if Musk succeeds in revamping and implementing decent rules.

                                  Musk has a big job. First, he has to change the corporate culture...That may take some firings and some "Come to Jesus" moments with senior management, along with buy-in from the employees.

                                  The rules will be interesting. You can't let people threaten physical violence. That's the first one. Wonder what else he will add to the list?

                                  “Cry havoc and let slip the DOGE of war!”

                                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                  1 Reply Last reply
                                  • George KG Offline
                                    George KG Offline
                                    George K
                                    wrote on last edited by
                                    #226

                                    LOL

                                    alt text

                                    "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
                                    • JollyJ Offline
                                      JollyJ Offline
                                      Jolly
                                      wrote on last edited by
                                      #227

                                      Bwhahahahahahaha!!!!

                                      “Cry havoc and let slip the DOGE of war!”

                                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                      1 Reply Last reply
                                      • George KG Offline
                                        George KG Offline
                                        George K
                                        wrote on last edited by
                                        #228

                                        It's going to be interesting to see how this all plays out. I'm thinking that, despite his protestations, some form of moderation, censorship, whatever, will still exist on Twitter. The question is how much.

                                        Also, it's just delicious to see the talking heads melting down with zero self-awareness (clip above).

                                        "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
                                          #229

                                          Worst job in the world...

                                          "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.

                                          CopperC 1 Reply Last reply
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