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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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  • L LuFins Dad
    14 Apr 2022, 23:05

    It’s a setup. My guess? He’s already got a new platform ready to roll out next month.

    D Offline
    D Offline
    Doctor Phibes
    wrote on 14 Apr 2022, 23:47 last edited by
    #147

    @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 was only joking

    G L 3 Replies Last reply 14 Apr 2022, 23:48
    • D Doctor Phibes
      14 Apr 2022, 23:47

      @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?

      G Offline
      G Offline
      George K
      wrote on 14 Apr 2022, 23:48 last edited by
      #148

      @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.

      "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.

      J 1 Reply Last reply 15 Apr 2022, 00:17
      • G Offline
        G Offline
        George K
        wrote on 15 Apr 2022, 00:16 last edited by
        #149

        Screen Shot 2022-04-14 at 7.14.44 PM.png

        And some rando....

        Screen Shot 2022-04-14 at 7.15.47 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
        • G George K
          14 Apr 2022, 23:48

          @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.

          J Offline
          J Offline
          jon-nyc
          wrote on 15 Apr 2022, 00:17 last edited by
          #150

          @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.

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          G 1 Reply Last reply 15 Apr 2022, 00:19
          • J jon-nyc
            15 Apr 2022, 00:17

            @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.

            G Offline
            G Offline
            George K
            wrote on 15 Apr 2022, 00:19 last edited by
            #151

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

            Really? He offered to buy Truth Social for $28? That’s an epic troll.

            No..he really didn't. It was a jab at CNN+.

            It has fewer subscribers than Truth Social.

            "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
            • J Offline
              J Offline
              jon-nyc
              wrote on 15 Apr 2022, 00:24 last edited by jon-nyc
              #152

              But it’s not a social media platform, is it?

              Only non-witches get due process.

              • Cotton Mather, Salem Massachusetts, 1692
              G D 2 Replies Last reply 15 Apr 2022, 00:33
              • J jon-nyc
                15 Apr 2022, 00:24

                But it’s not a social media platform, is it?

                G Offline
                G Offline
                George K
                wrote on 15 Apr 2022, 00:33 last edited by
                #153

                @jon-nyc no, and Phibes didn't explicitly say that.

                "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
                • D Doctor Phibes
                  14 Apr 2022, 23:47

                  @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?

                  L Offline
                  L Offline
                  LuFins Dad
                  wrote on 15 Apr 2022, 00:38 last edited by
                  #154

                  @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.

                  The Brad

                  1 Reply Last reply
                  • T Offline
                    T Offline
                    taiwan_girl
                    wrote on 15 Apr 2022, 01:03 last edited by
                    #155

                    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.

                    1 Reply Last reply
                    • J jon-nyc
                      15 Apr 2022, 00:24

                      But it’s not a social media platform, is it?

                      D Offline
                      D Offline
                      Doctor Phibes
                      wrote on 15 Apr 2022, 01:24 last edited by
                      #156

                      @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.

                      I was only joking

                      1 Reply Last reply
                      • J Offline
                        J Offline
                        Jolly
                        wrote on 15 Apr 2022, 13:03 last edited by
                        #157

                        Just a thought...Is some of the screaming from the folks at Twitter from fear that it will become public how many voices were silenced and how actively the agenda was pursued within the company?

                        “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
                        • G Offline
                          G Offline
                          George K
                          wrote on 15 Apr 2022, 13:07 last edited by
                          #158

                          As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.

                          "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.

                          D J 2 Replies Last reply 15 Apr 2022, 13:14
                          • G George K
                            15 Apr 2022, 13:07

                            As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.

                            D Offline
                            D Offline
                            Doctor Phibes
                            wrote on 15 Apr 2022, 13:14 last edited by
                            #159

                            @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.

                            I was only joking

                            1 Reply Last reply
                            • G George K
                              15 Apr 2022, 13:07

                              As I posted earlier, the voices screaming about billionaires buying media companies are silent about Bezos, Bloomberg, et. al.

                              J Offline
                              J Offline
                              jon-nyc
                              wrote on 15 Apr 2022, 14:02 last edited by
                              #160

                              @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.

                              Only non-witches get due process.

                              • Cotton Mather, Salem Massachusetts, 1692
                              G 1 Reply Last reply 15 Apr 2022, 14:05
                              • J jon-nyc
                                15 Apr 2022, 14:02

                                @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.

                                G Offline
                                G Offline
                                George K
                                wrote on 15 Apr 2022, 14:05 last edited by
                                #161

                                @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."

                                "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
                                • D Offline
                                  D Offline
                                  Doctor Phibes
                                  wrote on 15 Apr 2022, 14:21 last edited by
                                  #162

                                  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.

                                  I was only joking

                                  1 Reply Last reply
                                  • A Offline
                                    A Offline
                                    Axtremus
                                    wrote on 15 Apr 2022, 15:14 last edited by
                                    #163

                                    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:

                                    https://www.forbes.com/sites/greatspeculations/2022/04/15/is-the-end-near-for-tesla-and-other-meme-stocks/?sh=4e283ee02cc8

                                    Short version is the author thinks Tesla has many problems and its stock may be ready to fall hard.

                                    1 Reply Last reply
                                    • K Offline
                                      K Offline
                                      kluurs
                                      wrote on 15 Apr 2022, 16:44 last edited by
                                      #164

                                      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?

                                      A 1 Reply Last reply 15 Apr 2022, 17:15
                                      • H Offline
                                        H Offline
                                        Horace
                                        wrote on 15 Apr 2022, 16:49 last edited by
                                        #165

                                        It already has been monetized. It’s not as if it has no meaningful revenues. The fact that it is not always profitable quarter to quarter is just a matter of capital allocation. Amazon was unprofitable forever too.

                                        Education is extremely important.

                                        1 Reply Last reply
                                        • K kluurs
                                          15 Apr 2022, 16:44

                                          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?

                                          A Offline
                                          A Offline
                                          Aqua Letifer
                                          wrote on 15 Apr 2022, 17:15 last edited by
                                          #166

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

                                          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?

                                          Twitter ad buys are decent, yeah.

                                          Please love yourself.

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