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OT: Elon Musk Offers to Buy Twitter for $42 Billion In Cash

it's 100% hostile. The board doesn't want him controlling the company and has made that clear. Also, if he had approached the board with a soft bear hug letter or something like that, it almost assuredly would have come out
If this actually happens, do you consider his takeover as good thing or bad thing?
 
I see a hostile takeover in the works. Whatever he does, he's still going to be a capitalist and make money, he just has plenty of it to play with and can take a long view.

But, I don't know that I would say that Elon Musk is the savior here that conservatives may make him out to be.
I agree. As a conservative, I sure hope that he's a savior, but I am also not holding my breath. At the very least, I get to watch left wingers lose their shit for a few days. Also, enjoying the parade of blue checks outing themselves proving that they hate dissenting opinion and live in an echo chamber.
 
Twitter as a whole is a cancer and so out of touch with reality. It’s not real world. Basically a bunch of paid liberal bots.
It's by design. It's another thing that used to make you think you're in the minority.

I read something not long ago that Twitter, FB and IG comments were almost 90% fake and driven by bots and fake accounts. They also have people who are paid to agitate. I happen to know someone personally who gets paid to agitate. Not a lot, of money but they do get paid.

That whole concept is absolutely insane to me.
 
If they don’t take this offer then why would they take the lower one? The stock will Recover.
Because they have a legal obligation to do so. Twitter is a publicly traded company, it's not like selling a car. Elon has Twitter by the balls, or at least he would if the libtards that ran it had any. But they're also too stupid to even realize it yet.

This is going to be fascinating watching this play out.
 
I think it’s sad that we’ve gotten to a point that people think “free speech” is defined by who can post on a social media platform. Twitter (and FB) are private companies that can determine the bounds of who uses their platforms.

Not a single American has lost their right to free speech - just a bunch of ones that lost their megaphones because they violated the terms of a company’s policy. While I realize that reduces their audience, that is not by definition “free speech” as protected by the Constitution. The ones bitching about it the most, still make daily appearances on “news” programs that reach millions of viewers, and routinely speak out against our government. That is by definition free speech.
Twitter will eventually be turned into a public utility with all the regulation that implies.

I get your argument, but service companies are quickly becoming a tool of the government to control speech. They can bring enormous pressure on these companies. It starts with Twitter banning, next you have GoFundme kicking people off, same with PayPal. Don’t be shocked when banks and credit cards start doing the same. Try functioning in the modern economy without having a bank account.

At first it all seems quite noble, much like the early days of The Patriot Act. A recent example is what is happening to Russian oligarchs. They’re basically being shut out from being able to function in society. Of course they’re the bad guys right now, etc. But rest assured this template WILL be used on American citizens in the future. The Patriot Act should be a warning. But at least no one will take away their free speech.
 
When your basis for disinformation is liberal factcheckers, everything from that point on is moot. See years of claiming Russia collusion was not disinformation and hunter biden laptop was fake/disinformation.
Also, when the potus is banned while Iran terrorist are allowed access. That's like letting a coach ref his own game.
 
Because they have a legal obligation to do so. Twitter is a publicly traded company, it's not like selling a car. Elon has Twitter by the balls, or at least he would if the libtards that ran it had any. But they're also too stupid to even realize it yet.

This is going to be fascinating watching this play out.
They do not have a legal obligation to do so, you don't know what you're talking about

Look up Revlon Delaware 1986 case
 
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Once again, they are not restricting speech, just access. Don’t confuse the two.

When Cris bans someone from TI, he didn’t take their speech, he exercised his right as the company owner to determine who posts on his platform.
So explain this to me. How is it you've been a member all this time, and this is the first time I've ever seen your username?
 
If I'm a shareholder? A tremendous thing

I think the whole "he is fighting for free speech" thing is completely overblown. He wants to make money
So twitter will go on as is, and Musk just wants to make money?

IMO-While I agree if it happens, he will make money and the reason will be it will actually be a "free" platform for speech.
 
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Twitter as we know it now is done. If Musk walks away the stock will plummet to unheard of lows. Then he will begin buying on the cheap. They take his offer he cleans house. He will own Twitter, he will change the company for the better and get rid of all the marxists.
They will be regulated soon, even though they are a private company they squash any competition through buyouts or by their buddies at Google, ms, and Apple not giving competition a viable platform . These 4 ideologically aligned companies work together to make sure there is no real platform for any real competition to get a foothold. So Google and Twitter are now run by marxist Indians? Yea that’s about to end.
 
Ted Kaczynski warned about the power and control that technology would have over us all. Now I obviously do not agree with his bombing of people but he was correct in how much we have all become dependent upon technology
TK looks like a prophet in retrospect, but ruined it all by becoming a terrorist. Is he still alive? I’m not even sure he realized the extent this has happened, and the way this movement would try and push the populous.
 
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Twitter as we know it now is done. If Musk walks away the stock will plummet to unheard of lows. Then he will begin buying on the cheap. They take his offer he cleans house. He will own Twitter, he will change the company for the better and get rid of all the marxists.
They will be regulated soon, even though they are a private company they squash any competition through buyouts or by their buddies at Google, ms, and Apple not giving competition a viable platform . These 4 ideologically aligned companies work together to make sure there is no real platform for any real competition to get a foothold. So Google and Twitter are now run by marxist Indians? Yea that’s about to end.
Can someone explain why the stock would plummet? Musk not buying Twitter or selling his shares (within a week of buying them) changes nothing about the fundamentals of Twitter’s business, it changes nothing in terms of their revenue or cash flow, it does nothing in terms of their daily users.

A sell off? A dip? Sure. But it’ll recover and probably fairly quickly. If the stock was worth buying before Musk bought his shares a few days ago then it will be worth buying if Musk sells.
 
TK looks like a prophet in retrospect, but ruined it all by becoming a terrorist. Is he still alive? I’m not even sure he realized the extent this has happened, and the way this movement would try and push the populous.
He was such a genius that he crossed that line. But yes his thoughts from then are now so easy to see.
 
Can someone explain why the stock would plummet? Musk not buying Twitter or selling his shares (within a week of buying them) changes nothing about the fundamentals of Twitter’s business, it changes nothing in terms of their revenue or cash flow, it does nothing in terms of their daily users.

A sell off? A dip? Sure. But it’ll recover and probably fairly quickly. If the stock was worth buying before Musk bought his shares a few days ago then it will be worth buying if Musk sells.
Did you see their last earnings report? Bleeding subscribers, significantly lowered guidance. The stock has jumped 25-35% because Elon bought in. If he dumps the residual downward pressure will be compounded. Knowing Musk he may begin shorting the stock at that point., or aligning himself with other who will so he gets either a cheap price or the last laugh. Elon is giving shareholders the golden ticket, but to cash it huge changes will be implemented. Late today Twitter board floated the idea of maasssive dilution to dissuade Elon from a hostile takeover, but that destroys the share price, destroys it. In effect they will try to sell out their shareholders and screw themselves to preserve their anti free speech woke ideolog. When Musk finally has full control that place will be a mess to clean up, a complete gutting will happen.
 
Pretty sure you're right that there's a bit of a meltdown. Twitter fears free speech. Musk embraces free speech and refused to censor the satellite over Ukraine from Russian messaging.

If your platform is unregulated by the FCC, then I agree with Musk's approach. Twitter, Instagram, Facebook, and Instagram are unregulated because it is a platform exchange. When/if they selectively edit content, they pass from an agnostic social media exchange to more of a media content platform that should be regulated. Shouldn't be able to have it hoth ways.

I love free speech and have an intolerance for whiners who only embrace the concept if the messaging echos their own views and values.
Beautifully said.
 
Can someone explain why the stock would plummet? Musk not buying Twitter or selling his shares (within a week of buying them) changes nothing about the fundamentals of Twitter’s business, it changes nothing in terms of their revenue or cash flow, it does nothing in terms of their daily users.

A sell off? A dip? Sure. But it’ll recover and probably fairly quickly. If the stock was worth buying before Musk bought his shares a few days ago then it will be worth buying if Musk sells.
I’m confused by this as well. Seems like wishful thinking to me. Although I do hope it’s true, I need help connecting some dots here.
 
Twitter as we know it now is done. If Musk walks away the stock will plummet to unheard of lows. Then he will begin buying on the cheap. They take his offer he cleans house. He will own Twitter, he will change the company for the better and get rid of all the marxists.
They will be regulated soon, even though they are a private company they squash any competition through buyouts or by their buddies at Google, ms, and Apple not giving competition a viable platform . These 4 ideologically aligned companies work together to make sure there is no real platform for any real competition to get a foothold. So Google and Twitter are now run by marxist Indians? Yea that’s about to end.

Holy cow, you live in a weird vortex of distortion. None of what you wrote makes any sense at all.
 
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I see a hostile takeover in the works. Whatever he does, he's still going to be a capitalist and make money, he just has plenty of it to play with and can take a long view.

But, I don't know that I would say that Elon Musk is the savior here that conservatives may make him out to be.
He’s not a “savior” to anyone but what he is doing is great if you believe in free speech. Once he owns it, I hope he fires every single one of those liberal lunatics there.
 
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I think it’s sad that we’ve gotten to a point that people think “free speech” is defined by who can post on a social media platform. Twitter (and FB) are private companies that can determine the bounds of who uses their platforms.

Not a single American has lost their right to free speech - just a bunch of ones that lost their megaphones because they violated the terms of a company’s policy. While I realize that reduces their audience, that is not by definition “free speech” as protected by the Constitution. The ones bitching about it the most, still make daily appearances on “news” programs that reach millions of viewers, and routinely speak out against our government. That is by definition free speech.
Yikes
 
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Least surprising thing ever is the “fact checkers are fake news bc they don’t align w the news I get from OAN, YouTube videos, and random substacks” responses to the data provided in that thread

The "fact checkers" are just idealogues who promulgate their truth, not THE truth. It's fine if you're too ignorant to see that. I don't get news from any of those sources. Do a little research on the folks who comprise the fact checking teams and you'll understand how biased and unreliable they are.

Since it's required now a days, I've been an independent for decades.
 
yes. They likely have the "poison pill" or can enact it

Poison pill means existing shareholders (other than Musk) can buy 2 shares for every 1 that they own, which they would all do because it's half off. This would shift value back to existing shareholders and away from Musk. It's such a good defense mechanism that it almost never actually gets used, just the threat of it is enough

In order to successfully launch a hostile takeover now, you have to get control of the board
There are quite a few tactics that are labeled as poison pills, and you mentioned one of them. The reason why they work as a defense to a hostile takeover, is because they damage the company, making it less attractive to the acqusitioner.

But Musk's genius is on full display here. He doesn't care if the company poisons itself, because his motivation for buying twitter isn't the same as most other acquisitions.

Musk has twitter in check, and he's just a few, inevitable moves away from mate. There's nothing twitter can do.
 
They do not have a legal obligation to do so, you don't know what you're talking about

Look up Revlon Delaware 1986 case
If they reject Musk's offer, and the stock tanks, which it will, the odds of a lawsuit against twitter are near 100%.

You don't know what you're talking about, I've proven you wrong at least twice ITT.
 
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The "fact checkers" are just idealogues who promulgate their truth, not THE truth. It's fine if you're too ignorant to see that. I don't get news from any of those sources. Do a little research on the folks who comprise the fact checking teams and you'll understand how biased and unreliable they are.

Since it's required now a days, I've been an independent for decades.
That's not going to happen. Most people aren't going to try to prove to themselves that they are wrong.
 
I think it’s sad that we’ve gotten to a point that people think “free speech” is defined by who can post on a social media platform. Twitter (and FB) are private companies that can determine the bounds of who uses their platforms.

Not a single American has lost their right to free speech - just a bunch of ones that lost their megaphones because they violated the terms of a company’s policy. While I realize that reduces their audience, that is not by definition “free speech” as protected by the Constitution. The ones bitching about it the most, still make daily appearances on “news” programs that reach millions of viewers, and routinely speak out against our government. That is by definition free speech.

Unfortunately that is way too simplistic. Twitter and Facebook are basically monopolies and laws apply to them.

They are currently not held liable for content published by third parties using the service. But now that they have decided to become editors and filters of that content, they open themselves up to liability or additional regulation. You can’t have your cake and eat it too, especially with their track record - that cant be reasonably defended.

Beyond that, Social Media is manipulative and destroying the fabric of society. James Madison and others understood and well-described the challenge now faced by our Country. It cannot stand - anyone that thinks what is going on now makes any sense at all has been manipulated, brainwashed or educated improperly.
 
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