the jews, the environmentalists, the leftists, the communists - he makes all the shittiest people rage and seethe. For that alone, I hold him in high regard. It takes social aptitude to pull this off. Which is amazing if you've ever heard him speak. He comes off as a sperg. Maybe that's because he seems to actually talk off the cuff rather than reading material and exercising media training skills.
I wonder how realistic the offer is or if it's more of a PR stunt. Either way, I'm looking forward to the leftist meltdown over the sheer thought of losing their censorship-ridden echo chamber.
It's pretty damn realistic considering the share premium he's offering. The board will have to come up with a plan to increase shareholder value at the same level or higher in order to justify turning it down, otherwise they'll get sued into oblivion.
But most likely Blackrock or some other globalist entity will come to the rescue to preserve their propoganda tool.
Edit: after looking at the stock price going back further, he'd likely have to up his bid by at least $10 per share.
Vanguard is an index fund, their buying and selling is market capitalization weighted. Reading "into" their buying and selling habits is futile, their behavior is almost entirely algorithmic. It was absolutely predictable that if Elon drove up twitter's market cap, within a couple days Vanguard would have to buy accordingly to rebalance.
after looking at the stock price going back further, he'd likely have to up his bid by at least $10 per share.
No he won't.
Whatever arguement the board tries to make about share value being too low doesn't even really matter.
The situation is that Elon Musk just forced a pseudo bank run on Twitter stock.
If they say yes, the board gets their severance and military intelligence loses an asset.
If they say no, Elon sells and everyone with Twitter stock follows with the understanding that the stock will tank. This creates a feedback effect which will probably cause another GME type situation, meaning that the regulators will close trade for "stability of the market" which will only inflame people into selling even further.
Twitter is kinda fucked in its current form.
However, Elon is something of a bastard for playing this up on the lead up to Friday evening when markets close for the weekend. I have a feeling he's gonna pussyfoot it.
It's realistic in that he has the money to liquidate RIGHT NOW to buy it.
Remember, he has fuck you amounts of money. His shareholders are going to get an IMMEDIATE 20% increase in profit. You'd have to be a fucking retard not to take that. Your clients would slap you if you were a mutual fund manager.
20% profit with no string attached? Yeah, fucking do it.
Just remember he's a bit of a flawed man. He's not 100% "based" because he funds weird shit. He's a simp for Amber Herd, his ex wife was a far leftist cunt.
He's not perfect. Just remember that. Don't get suddenly pissed if he does something you don't like, just be a bit optimistic.
Does that mean enforce the laws of all countries twitter operates in on all users (seems impossible), or enforce them on the tweets from users in those countries?
Also what does "operates in" mean? The Internet is borderless.
Well, not for me.i don't use Twatter and have no intention of using it. This means nothing to me but as long as it pisses the regressive left off, it is a win in my book.
Hes not spending money, he's spending Tesla stock, which is super overvalued right now, since Tesla made money a total of 1 year.
Now is a great time to spend that stock, it's only going to go down from there once its value gets inflated away, might as well acquire some companies that are going literally nowhere, like twitter.
It looks like 90% of profits are from advertising but I do not see advertising, granted I only used to browse it from my desktop, so maybe is related to the app?
If it does make a profit then maybe is not that dumb of a move.
Native advertising I think, they put tweets in your feed from stuff you aren't subscribed to. It's more obvious on Instagram. Also this is a pretty big if, but advertising could include the selling of personal data.
I occasionally see ads in the trending list (like, the top "trending" hashtag is an ad instead) or if you click on a hashtag every now and then there's an ad in the tweets for that hashtag. That's on desktop with an ad-blocker.
I've long suspected Trump is a little autistic as well. He's a weird dude, and is apparently the only person in the civilized world who doesn't understand the YMCA dance.
think about it this way... twitter is already a cesspool of leftist retardation. the obscene amount of censorship that must take place to maintain the ever increasingly extreme leftist narratives is offputting to even normies now. it's why twitter is down over 40% vs the market.
short of twitter switching from being a social media company to getting into sketchy mercenary work a la blackwater, there's literally nowhere for twitter to go socially but up.
He could platform ISIS, North Korea, the Taliban, the ATF, Mossad, and Xi Jinpeng....
He could tacitly endorse the exposure of developing minds to extreme degeneracy and explicit sexual content...
He could declare war on the English language, the scientific method, and peaceful dialogue...
He could refuse to silence literal calls for genocide while banning people for objecting to the same...
Never mind, Twitter's current management already beat him to all of those.
is there any way he could make Twitter worse than it currently is?
I suppose he could reinstate the 140 character limit, though that might actually help break people's illusion that the platform has any valuable dialogue whatsoever.
Make twitter completely uncensored, while requiring real names and ID verification, which Elon has indicated he supports, so that employers, banks, and government institutions can find and punish wrong thinkers more efficiently. It'd be a Hundred Flowers Campaign.
Yes. If people stop leaving Twitter, there will be less adoption of alt tech like Gab or Mastodon.
Twitter has a huge advantage via the network effect and even with the rampant censorship they still haven't overplayed their hand and sabotaged their product ala Digg has.
The legendary Digg exodus has never repeated with any other social media platform. Looks like it happened before the elites started attacking social media competitors.
Is there a site that's taking in most of the reddit emigrants? Facebook began to be irrelevant as soon as IG came out, but the Zucc also owns IG so yeah. The bleeding edge for zoomers is TikTok though.
Discord is taking the place of Facebook, especially for zoomers. I don't know where redditors are going to, but reddit seems to be more bots than ever before.
Damn son, this is some kind of brinksmanship. I never expected Elon Musk to be this person; What an unexpected space superheo he has turned out to be.
Books will be written, games will be created, and biographers will be busy for decades deconstructing the clockworks that make this man tick.
the jews, the environmentalists, the leftists, the communists - he makes all the shittiest people rage and seethe. For that alone, I hold him in high regard. It takes social aptitude to pull this off. Which is amazing if you've ever heard him speak. He comes off as a sperg. Maybe that's because he seems to actually talk off the cuff rather than reading material and exercising media training skills.
unfortunately, elon "orgasm brainchips" muskovsky is not our saviour.
i will be very happy if i am proven wrong.
A man willing to spend $41,000,000,000 for free speech is a man that I can admire.
He also gets to own twitter. It's more than a stunt.
I wonder how realistic the offer is or if it's more of a PR stunt. Either way, I'm looking forward to the leftist meltdown over the sheer thought of losing their censorship-ridden echo chamber.
It's pretty damn realistic considering the share premium he's offering. The board will have to come up with a plan to increase shareholder value at the same level or higher in order to justify turning it down, otherwise they'll get sued into oblivion.
But most likely Blackrock or some other globalist entity will come to the rescue to preserve their propoganda tool.
Edit: after looking at the stock price going back further, he'd likely have to up his bid by at least $10 per share.
That's what I expect to happen.
There's no way globohomo will let him have twitter. No fucking way.
It would unravel so much of their work so fucking fast.
And there it is.
It's over.
Because Elon's buying drove up the price.
Vanguard is an index fund, their buying and selling is market capitalization weighted. Reading "into" their buying and selling habits is futile, their behavior is almost entirely algorithmic. It was absolutely predictable that if Elon drove up twitter's market cap, within a couple days Vanguard would have to buy accordingly to rebalance.
No he won't.
Whatever arguement the board tries to make about share value being too low doesn't even really matter.
The situation is that Elon Musk just forced a pseudo bank run on Twitter stock.
If they say yes, the board gets their severance and military intelligence loses an asset.
If they say no, Elon sells and everyone with Twitter stock follows with the understanding that the stock will tank. This creates a feedback effect which will probably cause another GME type situation, meaning that the regulators will close trade for "stability of the market" which will only inflame people into selling even further.
Twitter is kinda fucked in its current form.
However, Elon is something of a bastard for playing this up on the lead up to Friday evening when markets close for the weekend. I have a feeling he's gonna pussyfoot it.
It's realistic in that he has the money to liquidate RIGHT NOW to buy it.
Remember, he has fuck you amounts of money. His shareholders are going to get an IMMEDIATE 20% increase in profit. You'd have to be a fucking retard not to take that. Your clients would slap you if you were a mutual fund manager.
20% profit with no string attached? Yeah, fucking do it.
Elon is fast turning into a power player in the culture war on the correct side of history.
Just remember he's a bit of a flawed man. He's not 100% "based" because he funds weird shit. He's a simp for Amber Herd, his ex wife was a far leftist cunt.
He's not perfect. Just remember that. Don't get suddenly pissed if he does something you don't like, just be a bit optimistic.
I don't know. He is saying now he is a free speech absolutist. If, for some reason he changes his mind, it will be a problem.
Does that mean enforce the laws of all countries twitter operates in on all users (seems impossible), or enforce them on the tweets from users in those countries? Also what does "operates in" mean? The Internet is borderless.
Well, not for me.i don't use Twatter and have no intention of using it. This means nothing to me but as long as it pisses the regressive left off, it is a win in my book.
Only on the correct side if it wins.
... would Twitter's shareholders even allow them to fight what seems like a pretty decent offer?
How exactly is twitter monetized? 41 Billion to burn on free speech seems like a lot to me.
Hes not spending money, he's spending Tesla stock, which is super overvalued right now, since Tesla made money a total of 1 year.
Now is a great time to spend that stock, it's only going to go down from there once its value gets inflated away, might as well acquire some companies that are going literally nowhere, like twitter.
Twitter reported profits for the first time starting a few years ago, dunno if that answers your question though
It looks like 90% of profits are from advertising but I do not see advertising, granted I only used to browse it from my desktop, so maybe is related to the app? If it does make a profit then maybe is not that dumb of a move.
Native advertising I think, they put tweets in your feed from stuff you aren't subscribed to. It's more obvious on Instagram. Also this is a pretty big if, but advertising could include the selling of personal data.
I occasionally see ads in the trending list (like, the top "trending" hashtag is an ad instead) or if you click on a hashtag every now and then there's an ad in the tweets for that hashtag. That's on desktop with an ad-blocker.
I've long suspected Trump is a little autistic as well. He's a weird dude, and is apparently the only person in the civilized world who doesn't understand the YMCA dance.
He's also pretty much uncorruptable.
I think it's far more likely that he understands what an obese man in a suit doing the YMCA dance would actually look like.
It doesn't take autism to understand business.
$50+ 420 - lol
"It's is a high price, and your shareholders will love it"
think about it this way... twitter is already a cesspool of leftist retardation. the obscene amount of censorship that must take place to maintain the ever increasingly extreme leftist narratives is offputting to even normies now. it's why twitter is down over 40% vs the market.
short of twitter switching from being a social media company to getting into sketchy mercenary work a la blackwater, there's literally nowhere for twitter to go socially but up.
I don't believe the powers that be will ever let him do it.
Twitter will now be putting out a distress signal and begging for someone else to buy them before Elon mounts a hostile takeover.
It's so not worth 41b
yeah but hes buying it with his net worth from tesla stock, which is also totally not worth $986 per share
Fair, but thinking about it - is there any way he could make Twitter worse than it currently is?
He could platform ISIS, North Korea, the Taliban, the ATF, Mossad, and Xi Jinpeng....
He could tacitly endorse the exposure of developing minds to extreme degeneracy and explicit sexual content...
He could declare war on the English language, the scientific method, and peaceful dialogue...
He could refuse to silence literal calls for genocide while banning people for objecting to the same...
Never mind, Twitter's current management already beat him to all of those.
I suppose he could reinstate the 140 character limit, though that might actually help break people's illusion that the platform has any valuable dialogue whatsoever.
Make twitter completely uncensored, while requiring real names and ID verification, which Elon has indicated he supports, so that employers, banks, and government institutions can find and punish wrong thinkers more efficiently. It'd be a Hundred Flowers Campaign.
Yes. If people stop leaving Twitter, there will be less adoption of alt tech like Gab or Mastodon.
Twitter has a huge advantage via the network effect and even with the rampant censorship they still haven't overplayed their hand and sabotaged their product ala Digg has.
The legendary Digg exodus has never repeated with any other social media platform. Looks like it happened before the elites started attacking social media competitors.
The reddit exodus is still underway. It's not quite as dramatic, but it's happening. Facebook is failing to hook the younger generation too.
Is there a site that's taking in most of the reddit emigrants? Facebook began to be irrelevant as soon as IG came out, but the Zucc also owns IG so yeah. The bleeding edge for zoomers is TikTok though.
Discord is taking the place of Facebook, especially for zoomers. I don't know where redditors are going to, but reddit seems to be more bots than ever before.
You should never trust billionaires but compared to the site normally, I really can't see it being worse
Globalist board members are already foaming at the mouth.