Elon Musk buys a big chunk of Twitter
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@LuFins-Dad said in Elon Musk buys a big chunk of Twitter:
It’s a setup. My guess? He’s already got a new platform ready to roll out next month.
Didn’t somebody try that already?
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@Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:
Didn’t somebody try that already?
Yup. And as I posted earlier, Musk made an offer to buy that platform as well for $28.
Not $28 billion. $28 dollars.
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@George-K said in Elon Musk buys a big chunk of Twitter:
@Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:
Didn’t somebody try that already?
Yup. And as I posted earlier, Musk made an offer to buy that platform as well for $28.
Not $28 billion. $28 dollars.
Really? He offered to buy Truth Social for $28? That’s an epic troll.
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But it’s not a social media platform, is it?
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@Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:
@LuFins-Dad said in Elon Musk buys a big chunk of Twitter:
It’s a setup. My guess? He’s already got a new platform ready to roll out next month.
Didn’t somebody try that already?
I’m pretty sure people tried building electric cars and satellites before, too.
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He is just looking to drive up the price, and then sell, making a big profit for himself.
I just dont see him following through on buying Twitter.
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@jon-nyc said in Elon Musk buys a big chunk of Twitter:
But it’s not a social media platform, is it?
To be fair, neither is Truth Social.
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@George-K said in Elon Musk buys a big chunk of Twitter:
As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.
I'm quietly hoping for a counter-offer from George Soros.
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@George-K said in Elon Musk buys a big chunk of Twitter:
As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.
I’m fairness Bloomberg built his media empire from scratch.
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@jon-nyc said in Elon Musk buys a big chunk of Twitter:
@George-K said in Elon Musk buys a big chunk of Twitter:
As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.
I’m fairness Bloomberg built his media empire from scratch.
OK, true.
Perhaps I should have said "owning media companies."
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The lefties I know freaking hate Jeff Bezos.
He's the billionaire equivalent of the "nice guy" who sends weird, possessive texts after a couple of dates.
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https://www.cnbc.com/2022/04/15/elon-musks-twitter-bid-faces-major-skepticism-on-wall-street-.html
Reactions one day after Musk offered to buy out Twitter - not good, Twitter stock fell, presumably because most investors do not believe that Musk's offer is credible.
Also came across an analysis on Tesla, presumably the only money-generating asset Musk can rely on to finance his Twitter buyout:
Short version is the author thinks Tesla has many problems and its stock may be ready to fall hard.
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I'm not an expert on Twitter but back in the day, I remember it not being valued as all that much because it couldn't be monetized (i.e. hate that word - can't make money off of it). Has that changed? If Elon makes it better, does he have a way of earning anything off of his investment?