Elon Musk becomes Twitter's largest shareholder

GURPS

INGSOC
PREMO Member

WaPo Runs Piece Saying Elon Musk’s ‘Twitter Investment Could Be Bad News For Free Speech.’ Musk Fires Back.






The author of the Tuesday opinion piece that triggered Musk’s “always good for a laugh” response, Timothy L. O’Brien, a senior columnist for Bloomberg Opinion, wrote derisively, “Elon Musk just bought a $3 billion stake in Twitter Inc., because when you’re the world’s richest human you can toss billions around like poker chips. This may be just another piece of performance art from Musk …”

O’Brien then sniped, “So maybe we should take Musk’s Twitter investment as more of the same from the guy who has pondered the meaning of life while sipping whiskey and smoking weed during a podcast and once mysteriously claimed he had ‘funding secured’ to take Tesla Inc. private.”
 

glhs837

Power with Control
Sounds like his recent tweets were a test and they failed, so he's decided to go whole hog.
 

GURPS

INGSOC
PREMO Member

Elon Musk Now Able to Straight Up Buy Twitter, Pursue Hostile Takeover After Refusing Board Membership



Musk’s decision does leave the door open for him to pursue a hostile takeover, if he wishes.

“Without that limit, Musk could now — in theory — pursue a hostile takeover by buying the company outright. That’s a move his extraordinary wealth comfortably enables him to do,” Fortune reported.

Analysts are saying Musk has positioned himself perfectly for a takeover, and they are conjecturing this is exactly what he plans.

“This now goes from a Cinderella story with Musk joining the Twitter board to likely a Game of Thrones battle between Musk and Twitter,” said Dan Ives, a Wedbush analyst who covers Tesla, Forbes reported.
 

GURPS

INGSOC
PREMO Member
🔥 BREAKING: Elon Musk just offered to buy Twitter outright for $47 billion dollars. The mercurial genius wants to take the company private, and made a legal bid last night to buy ALL of Twitter, outright, for $54.20 per share. In a published note to Twitter’s CEO, Musk explained, “since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash.”

Twitter’s stock jumped 12% in pre-market trading. Twitter’s managers have a fiduciary duty to shareholders. Musk is a transformative figure. He transformed electric cars and auto manufacturing. He transformed space flight, making private access to space possible. He could transform Twitter.

Get ready for the pro-lockdowners to start losing their mask-loving minds. This is going to be epic.


 

BOP

Well-Known Member
🔥 BREAKING: Elon Musk just offered to buy Twitter outright for $47 billion dollars. The mercurial genius wants to take the company private, and made a legal bid last night to buy ALL of Twitter, outright, for $54.20 per share. In a published note to Twitter’s CEO, Musk explained, “since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash.”

Twitter’s stock jumped 12% in pre-market trading. Twitter’s managers have a fiduciary duty to shareholders. Musk is a transformative figure. He transformed electric cars and auto manufacturing. He transformed space flight, making private access to space possible. He could transform Twitter.

Get ready for the pro-lockdowners to start losing their mask-loving minds. This is going to be epic.


I'll sell Musk my shares for that price. I won't make a crap-ton of money, but it would be a nice little profit.
 

Kyle

Beloved Misanthrope
PREMO Member
Twitter Headquarters Suffers Severe Water Damage From Liberal Employees' Tears

SAN FRANCISCO, CA—Twitter headquarters has sustained extensive water damage following Elon Musk's $43 billion bid to buy out the company. Early reports indicate that the source of the water is the tears of the company's liberal employees who are devastated at the news.

"NOOOOOOO!!!!!! I refuse to work for Elon Musk!" screamed Evie Mandrake (they/them) falling to her knees, tearing at her clothes, and sobbing uncontrollably. "He can't keep getting away with this! We can't let him allow free speech!"

More...

 

OccamsRazor

Well-Known Member
It is going to be interesting what the response is. It seems that Elon has removed any excuses for NOT selling beyond "I don't want to" which would probably not sit well with share holders. Right now it is a matter of what will win out? The liberal agenda or the almighty dollar? I think we all know which one it will be.
 

glhs837

Power with Control
Musk Twitter.jpg
 

Bann

Doris Day meets Lady Gaga
PREMO Member
When I heard this beaking news this am...I thought "this is getting verrrrrry interesting!!"

Can't wait to see what happens!!!
 
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David

Opinions are my own...
PREMO Member
This is the best joke I've seen yet regarding the hostile Twitter takeover:




😆🤣🥰



This is the saddest and perhaps most pathetic comment I read today. From a newsletter emailed me to from the NYT, a piece titled, On Tech: Elon Musk is a digital Citizen Kane by Shira Ovide (Pronouns? Can't be determined from photo)

“He would be a throwback to the ‘Citizen Kane’ days of press barons using their newspapers to advance their favorite causes,” Erik Gordon, a professor at the University of Michigan’s business school, told me.

Uhhh, if by "days of press barons using their newspapers to advance their favorite causes" he means yesterday, his statement would at least have a little more credibility!

And to have some fun with this, why is the NYT going to the University of Michigan’s business school for comment? Shouldn't such a prestigious paper be getting comments from Yale, or Harvard, NYU, or the Wharton School of Business in Philly, or some other school of that caliber?


I don't see this labelled as "opinion" anywhere. Didn't the NYT just paint themselves into a corner by claiming statements they made in a hard news piece were actually opinion in response to a defamation lawsuit by Project Veritas?
 
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David

Opinions are my own...
PREMO Member
Here's another good one. Made me think...



And how about a, No crap post:



BTW, this is why Twitter is so relevant. An entire world can come together in minutes and discuss an important topic; from total no ones to POTUS or Elon Musk. Some times it lets you know that you are not alone in your thinking (despite what the media tries to tell you) and sometimes it gives you pause to consider some other angles you hadn't thought of yourself.
 
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David

Opinions are my own...
PREMO Member
You can't you make stuff like this up:



Of course the Saudi's want a controlling interest in some of the world's largest media companies. I mean, what if you decide to murder a journalist one day and cut his body up into small pieces, or 19 of your citizens hijack a few jets and fly them into some buildings? You need to be able to do damage control after crap like that goes down, right?
 
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