Technology & Social Media Musk becomes twitters largest share holder

Discussion in 'Living Room' started by MTR, 5th Apr, 2022.

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  1. spludgey

    spludgey Well-Known Member

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    Here's my dream scenario:

    1. Price keeps crashing
    2. Musk keeps spitting the dummy and does something that's completely against Twitter's terms and conditions
    3. Gets banned from Twitter
    4. Tries to get out of the deal
    5. Gets sued and is forced to go through with it.
    Won't happen, but wouldn't that be great?

    20220519_181922.jpg
     
    spludgey, 19th May, 2022
    #141
    shorty likes this.
  2. MTR

    MTR Well-Known Member

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    And we all buy twitter at 1.00…. :p In our dreams…… lets see how low it goes

    popcorn time
     
    MTR, 19th May, 2022
    #142
  3. Barcelona

    Barcelona Well-Known Member

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    Musk did an interview on the bot/spam issue. He also has an idea of changing twitter to add payments, like WeChat.

    Elon Musk Wants Twitter to Be WeChat-Style 'Super App' With Payments - Decrypt
     
    Barcelona, 31st May, 2022
    #143
  4. MTR

    MTR Well-Known Member

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    MTR, 22nd Jun, 2022
    #144
  5. Redwing

    Redwing Well-Known Member

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    Elon Musk pulls out of $44 billion Twitter deal

     
    Redwing, 9th Jul, 2022
    #145
    David_SYD likes this.
  6. shorty

    shorty Well-Known Member

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    ;)
     
    shorty, 9th Jul, 2022
    #146
  7. Simon Hampel

    Simon Hampel Founder Staff Member

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    Simon Hampel, 9th Jul, 2022
    #147
    spludgey, Redwing, willair and 1 other person like this.
  8. Lizzie

    Lizzie Well-Known Member

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    Lizzie, 9th Jul, 2022
    #148
  9. MTR

    MTR Well-Known Member

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    Twitter stock price
    $36.81. Double ouch

    Get popcorn ready…. Its not over yet.

    Lets see what revised buy in price will be
     
    MTR, 10th Jul, 2022
    #149
  10. geoffw

    geoffw Moderator Staff Member

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    Yes, I wouldn't be surprised if the whole circus show has been a typical Musk thing to renogiate the price.

    Although the contract has been signed at the higher price, and it may be hard to change.

    If he gets out of the contract, it's going to cost him $1B - though that may be less than he loses if he proceeds with the purchase with the higher price.

    His own net worth will have dropped substantially with the drop in the Tesla share price, which may also make the purchase more difficult for him.
     
    Last edited: 10th Jul, 2022
    geoffw, 10th Jul, 2022
    #150
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  11. MTR

    MTR Well-Known Member

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    His original offer was around $54.20. The stock has been hammered. This current legal fiasco wont help stock prices

    My guess is the deal will go ahead at a significantly reduced sale price. Many here assuming that Musk does not have a case here? The court will decide

    Who has more to lose here if the deal does not go ahead? Hands down twitter.

    Musk scraps Twitter deal, citing ‘misleading representations’
     
    MTR, 10th Jul, 2022
    #151
  12. Lizzie

    Lizzie Well-Known Member

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    Food for thought - if Musk didn't have money, lived in an ordinary house with 9 kids to three different women (two lots at the same time) and was a simple but smart computer programmer - who tweeted out false promises and conspiracy theories - what would people think of him as a person?

    Personally, I'm very unimpressed
     
    Lizzie, 10th Jul, 2022
    #152
  13. Redwing

    Redwing Well-Known Member

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    Redwing, 10th Jul, 2022
    #153
  14. MTR

    MTR Well-Known Member

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    MTR, 10th Jul, 2022
    #154
  15. geoffw

    geoffw Moderator Staff Member

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    geoffw, 10th Jul, 2022
    #155
    Lizzie likes this.
  16. Angel

    Angel Well-Known Member

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    Do you care about how intelligent he is?
     
    Angel, 10th Jul, 2022
    #156
    MTR likes this.
  17. MTR

    MTR Well-Known Member

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    MTR, 10th Jul, 2022
    #157
  18. Lizzie

    Lizzie Well-Known Member

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    I also know people that have quietly, and humbly, made great intellectual and societal leaps and breakthru's without being arrogant or narcissistic about it. Being intelligent (and rich) doesn't make him admirable as a person
     
    Lizzie, 10th Jul, 2022
    #158
  19. Redwing

    Redwing Well-Known Member

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    Ha Ha

    Or if your re-arrange it S3XY
     
    Redwing, 10th Jul, 2022
    #159
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  20. MTR

    MTR Well-Known Member

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    MTR, 10th Jul, 2022
    #160
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