Elon Musk Offers to Buy Twitter

[General Zod]

Watching his channel on StupidTube, and seeing how much some on both sides seem to dislike him, I'd say he is bordering on Libertarian??

I think he crossed that border and made himself a tidy little home.

 

[Texasgordo]

I think the left hates him because he's a real African American

 

[toddnjoyce]

Musk is smart... I doubt he made the offer without knowing for certain he has the means to fulfill it.

He’s done it enough in the past that he has a reputation for making promises he can’t keep. So much so that JPMorgan won’t don’t business with Musk or any of his companies since being fûcked over $160M by Tesla in a deal in 2014.

 

[karlac]

He’s done it enough in the past that he has a reputation for making promises he can’t keep. So much so that JPMorgan won’t don’t business with Musk or any of his companies since being fûcked over $160M by Tesla in a deal in 2014.

But still beats the hell outta a Hunter Biden, eh??

 

[candcallen]

If the offer is declined, shareholders will have a fit because they will have a heavy profit go out the window. Also, if Musk decides to sell his shares at a fraction of their worth, the rest of the shares will drop drastically in value. Then he can buy them all at a reduced price. Looks like Mr Musk is in the driver's seat.

Ain't phuck you money great?

 

[candcallen]

Is Elon Musk red or blue

I think hes more libertarian.

 

[crystalphoto]

Ain't phuck you money great?

From what I hear...

 

[candcallen]

I think the left hates him because he's a real African American

They were calling him...
.wait for it.....
Racist!

Do the phuktards know how to do anything but throw a temper tantrums?

 

[Renegade]

It is a big play, with a lot of complications.

I imagine the BoD is against it along with most of the management team. Most small shareholders are likely against it, but the big Wall Street firms are likely for it.

He also said he would let big investors be owners, so they would profit immensely if his changes fix its pathetic performance (Probably the worst performing tech stock still in business).

 

[Younggun]

What’s really funny is that he’s now offering 54.20 a share to buy out.


The left elites are claiming it’s a bad deal because it’s worth more than 54.20. But in reality it’s only trading for $45.08.


With it trading at 45.08 if people really believed it was worth more than 54.20 they’d be buying it up for the inevitable profits. Instead they are just making an excuse for why Twitter shouldn’t allow the deal n

 

[Renegade]

What’s really funny is that he’s now offering 54.20 a share to buy out.


The left elites are claiming it’s a bad deal because it’s worth more than 54.20. But in reality it’s only trading for $45.08.

It was around 38 when he started dropping hints on twitter he might buy it. So 54 is a great price.

The stock is a dud. It IPO closed at around 44 in 2013, and as I said was 38 till he started tweeting. One of the worst performing tech stocks ever.

 

[Renegade]

With it trading at 45.08 if people really believed it was worth more than 54.20 they’d be buying it up for the inevitable profits. Instead they are just making an excuse for why Twitter shouldn’t allow the deal n

Exactly. If people think it is worth more, they should buy ALL they can now. If he buys, they can sell at 54, if he does not buy, they can sell after it passes 54 like they claim it will.

 

[easy rider]

First, the 43 billion is for buying it outright, that's why they need to vote on it through the stockholders, not the board members.

Second, he's already hinted that he has other plans to carry out a hostile takeover.

 

[BuzzinSATX]

Thought this was funny:

 

[Vaquero]

 

[Wolfwood]

I can't cover it all, but i you can put me down for about $20.00.

i bought 2 shares and im not selling! i will trade for a ride to the ISS.

 

[oldag]

Musk says he now has the funds lined up.

he is now exploring a tender offer to acquire shares of Twitter directly from shareholders, though he said he hasn’t decided whether to do so.

 

[crystalphoto]

Although I don't do twitter, this is fun to watch...

 

[candcallen]

Again. Phuck you money is great.

I love all the hes racist temper tantrums and the we cant have billionaires owning things rants.

 

[easy rider]

Elon Musk secured over 46 billion to buy Twitter outright. Remember when they told their shareholders he couldn't raise enough cash? We'll see how they spin it now.