Elon Musk buys a big chunk of Twitter
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@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.
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“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.
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“No, I won’t be going back on Twitter,” Trump told CNBC’s Joe Kernen.
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“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. -
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@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.
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@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…
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@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.
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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?
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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).
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"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.
