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The New Coffee Room

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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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  • LuFins DadL Offline
    LuFins DadL Offline
    LuFins Dad
    wrote on last edited by
    #120

    How do you post gifs?

    https://tenor.com/view/popcorns-crackhead-eating-popcorn-food-junk-gif-14546221

    The Brad

    George KG 1 Reply Last reply
    • KlausK Klaus

      @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 Offline
      AxtremusA Offline
      Axtremus
      wrote on last edited by
      #121

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

      @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?

      Gets even more complicated once the other companies are brought into this deal. Yes, the stocks may be made collaterals, but you’d still need cash flow to service the loan. That shifts the argument to cash flow. SpaceX is still in the “hemorrhage money for R&D” phase. Tesla has positive cash flow but does not issue cash dividend. Musk still needs to go through a bunch of mechanisms to take money out of Tesla’s cash flow to service his (hypothetical) Twitter loan.

      1 Reply Last reply
      • George KG George K

        @Klaus I'd think so.

        Would that qualify as a "hostile takeover?"

        jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote on last edited by
        #122

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

        @Klaus I'd think so.

        Would that qualify as a "hostile takeover?"

        Hostile refers to the relationship with current management. We’ll have to see how they react.

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        1 Reply Last reply
        • LuFins DadL LuFins Dad

          How do you post gifs?

          https://tenor.com/view/popcorns-crackhead-eating-popcorn-food-junk-gif-14546221

          George KG Offline
          George KG Offline
          George K
          wrote on last edited by
          #123

          @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

          How do you post gifs?

          https://tenor.com/view/popcorns-crackhead-eating-popcorn-food-junk-gif-14546221

          Click here and paste URL:

          Screen Shot 2022-04-14 at 8.06.39 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
          • George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #124

            "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
              #125

              What's to stop Musk from buying another 45% of the company? That would give him control, no?

              "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
                #126

                Tucker had a suggestion in his monologue last night... People who believe in free speech should buy Twitter stock and then let Elon have their proxies.

                “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

                AxtremusA 1 Reply Last reply
                • JollyJ Jolly

                  Tucker had a suggestion in his monologue last night... People who believe in free speech should buy Twitter stock and then let Elon have their proxies.

                  AxtremusA Offline
                  AxtremusA Offline
                  Axtremus
                  wrote on last edited by
                  #127

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

                  Tucker had a suggestion in his monologue last night... People who believe in free speech should buy Twitter stock and then let Elon have their proxies.

                  How much of Twitter's stock has Tucker bought?

                  JollyJ 1 Reply Last reply
                  • HoraceH Offline
                    HoraceH Offline
                    Horace
                    wrote on last edited by
                    #128

                    I don’t see this actually happening, but it would be nice if it did.

                    Education is extremely important.

                    1 Reply Last reply
                    • AxtremusA Axtremus

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

                      Tucker had a suggestion in his monologue last night... People who believe in free speech should buy Twitter stock and then let Elon have their proxies.

                      How much of Twitter's stock has Tucker bought?

                      JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #129

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

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

                      Tucker had a suggestion in his monologue last night... People who believe in free speech should buy Twitter stock and then let Elon have their proxies.

                      How much of Twitter's stock has Tucker bought?

                      I ain't your Google Mommy.

                      “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

                      AxtremusA 1 Reply Last reply
                      • JollyJ Jolly

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

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

                        Tucker had a suggestion in his monologue last night... People who believe in free speech should buy Twitter stock and then let Elon have their proxies.

                        How much of Twitter's stock has Tucker bought?

                        I ain't your Google Mommy.

                        AxtremusA Offline
                        AxtremusA Offline
                        Axtremus
                        wrote on last edited by
                        #130

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

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

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

                        Tucker had a suggestion in his monologue last night... People who believe in free speech should buy Twitter stock and then let Elon have their proxies.

                        How much of Twitter's stock has Tucker bought?

                        I ain't your Google Mommy.

                        Just trying to save you from doing what Tucker tells you to do but does not do so himself. Consider waiting to see whether Tucker puts his own money where his mouth is.

                        JollyJ 1 Reply Last reply
                        • George KG Offline
                          George KG Offline
                          George K
                          wrote on last edited by
                          #131

                          "Elon Musk has also offered to buy CNN+ for twenty-eight bucks."

                          "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
                            #132

                            Max Boot opines:

                            "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.

                            HoraceH 1 Reply Last reply
                            • HoraceH Offline
                              HoraceH Offline
                              Horace
                              wrote on last edited by
                              #133

                              Stock analyst Dan Ives thinks the deal will go through. One caveat he mentions about balancing Musk's time:

                              Ives also pointed out that there are likely to be a number of questions about financing the deal, regulatory concerns and how Musk would balance his time between Tesla (TSLA), SpaceX and Twitter, but the time for Twitter to accept the deal is "now or never."

                              I doubt Musk would want to be involved much, beyond understanding the moderation practices, and firing anybody who fashioned those practices after the demands of the pop culture mob.

                              Education is extremely important.

                              1 Reply Last reply
                              • George KG George K

                                Max Boot opines:

                                HoraceH Offline
                                HoraceH Offline
                                Horace
                                wrote on last edited by
                                #134

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

                                Max Boot opines:

                                It's long been clear that an appreciation for free speech is a way in which we self-select politically, often without any intention of that appreciation having any political valence. I think we are long past the point where the buttoned-down mainstreamers, who dislike ideas different from their own, have collected themselves on the left side of the spectrum. Along with the principle-free social opportunists who would align wherever the prevailing winds blow them. Which is to say, most people.

                                Education is extremely important.

                                1 Reply Last reply
                                • CopperC Offline
                                  CopperC Offline
                                  Copper
                                  wrote on last edited by
                                  #135

                                  I know very little about Mr. Musk or his politics.

                                  But I enjoy this story, I think I could get along with him.

                                  IvorythumperI 1 Reply Last reply
                                  • CopperC Copper

                                    I know very little about Mr. Musk or his politics.

                                    But I enjoy this story, I think I could get along with him.

                                    IvorythumperI Offline
                                    IvorythumperI Offline
                                    Ivorythumper
                                    wrote on last edited by
                                    #136

                                    ADECCDE5-F8BE-49D3-93CD-6CF362C3262B.jpeg

                                    1 Reply Last reply
                                    • Doctor PhibesD Online
                                      Doctor PhibesD Online
                                      Doctor Phibes
                                      wrote on last edited by Doctor Phibes
                                      #137

                                      I remember when really rich people bought yachts and Ferrari's, and blew all their money at the casino in Monte Carlo whilst simultaneously being given oral pleasure by supermodels.

                                      This guy builds electric cars and when he wants to have some illicit fun, says "What the heck, let's go crazy and buy a website!"

                                      The modern world sucks. And not in a good way like those supermodels.

                                      (I know, I know, he's been into space like Doctor Evil. He's probably getting pleasured by a supermodel as we speak)

                                      I was only joking

                                      1 Reply Last reply
                                      • George KG Offline
                                        George KG Offline
                                        George K
                                        wrote on last edited by
                                        #138

                                        "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.

                                        AxtremusA 1 Reply Last reply
                                        • AxtremusA Axtremus

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

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

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

                                          Tucker had a suggestion in his monologue last night... People who believe in free speech should buy Twitter stock and then let Elon have their proxies.

                                          How much of Twitter's stock has Tucker bought?

                                          I ain't your Google Mommy.

                                          Just trying to save you from doing what Tucker tells you to do but does not do so himself. Consider waiting to see whether Tucker puts his own money where his mouth is.

                                          JollyJ Offline
                                          JollyJ Offline
                                          Jolly
                                          wrote on last edited by
                                          #139

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

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

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

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

                                          Tucker had a suggestion in his monologue last night... People who believe in free speech should buy Twitter stock and then let Elon have their proxies.

                                          How much of Twitter's stock has Tucker bought?

                                          I ain't your Google Mommy.

                                          Just trying to save you from doing what Tucker tells you to do but does not do so himself. Consider waiting to see whether Tucker puts his own money where his mouth is.

                                          In other words, you don't have a clue nor do you feel the need to acquire one 😄

                                          “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
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