Musk & Twitter
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Plan B: Activated.
Multiple reports across news media this morning that Musk has secured financing of $46.5B and can now execute what’s called a “tender offer,” bypassing the board and their blocking measures and making offer directly to shareholders.
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@Kid-Chocolate said in Tech, monopolies, censorship:
Plan B: Activated.
Multiple reports across news media this morning that Musk has secured financing of $46.5B and can now execute what’s called a “tender offer,” bypassing the board and their blocking measures and making offer directly to shareholders.
Any news on who he has hopping on?
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@Kirwan said in Tech, monopolies, censorship:
@Kid-Chocolate said in Tech, monopolies, censorship:
Plan B: Activated.
Multiple reports across news media this morning that Musk has secured financing of $46.5B and can now execute what’s called a “tender offer,” bypassing the board and their blocking measures and making offer directly to shareholders.
Any news on who he has hopping on?
Finance institutions. Morgan Stanley and others are providing financing some of it is a loan against Tesla shares
The rest ($21 billion) is from his piggy bank
Assuming the reporting is accurate..
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@Duluth said in Tech, monopolies, censorship:
@Kirwan said in Tech, monopolies, censorship:
@Kid-Chocolate said in Tech, monopolies, censorship:
Plan B: Activated.
Multiple reports across news media this morning that Musk has secured financing of $46.5B and can now execute what’s called a “tender offer,” bypassing the board and their blocking measures and making offer directly to shareholders.
Any news on who he has hopping on?
Finance institutions. Morgan Stanley and others are providing financing some of it is a loan against Tesla shares
The rest ($21 billion) is from his piggy bank
Assuming the reporting is accurate..
Good timing then, as Tesla had good news a few days ago beating expectations again. Imagine having access to 21 billion to buy a dumspter fire like Twitter.
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@Frank said in Tech, monopolies, censorship:
@gt12 said in Tech, monopolies, censorship:
I'm still skeptical.
Why do you think Musk is doing this?
Because he likes his name in the media; he's brilliant but he's also a complete narcissist and probably the best troll in the world.
We've had a pattern for a few years of once you are uber wealthy you get to do whatever you want and I think this is an example of that.
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@dogmeat said in Tech, monopolies, censorship:
@gt12 He also has a history of market manipulation and insider trading.
I don't think so in this case but maybe he's just generating hype and FOMO amongst the Musk fanbois (as he regularly does with cryptos) to improve his trading position.
Catching up on this and it looks like he has the funds.
So, it will be interesting to see what happens next.
I don’t know how much of Tesla he is betting with here.
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@gt12 said in Tech, monopolies, censorship:
We've had a pattern for a few years of once you are uber wealthy you get to do whatever you want and I think this is an example of that.
This is a modern pattern, is it?
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@dogmeat said in Tech, monopolies, censorship:
@gt12 He also has a history of market manipulation and insider trading.
I don't think so in this case but maybe he's just generating hype and FOMO amongst the Musk fanbois (as he regularly does with cryptos) to improve his trading position.
He should really do this the approved way and run for congress. Then he could do all the insider trading he wanted.
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They’re meeting right now.
“Two sides are meeting Sunday to discuss takeover bid, people familiar with the matter say”
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Could happen today…
Twitter Eyes Deal With Musk as Soon as Monday
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I think he’s also poking Gates for being the world’s self-appointed diet and health expert who wants us consuming fake meat, and as his buddy Rogan has pointed out, Gates is the last person to be preaching health advice to the rest of us because “he looks like shit.”
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Anticipation building…
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TMZ is ahead of WSJ on this one (say wut???)… but the latter says it’s done too, details to be announced shortly.
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Not official yet (c’mon, c’mon…) but signs are starting to feel like it might be real…