Elon Musk Launches $43 Billion Hostile Takeover of Twitter

The_Right_Honourable_Brit

The_Right_Honourable_Brit

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Elon Musk has made a “best and final” offer to buy Twitter Inc., saying the company has extraordinary potential and he will unlock it.

The world’s richest person will offer $54.20 per share in cash, representing a 54% premium over the Jan. 28 closing price and a value of about $43 billion. The social media company’s shares soared 18%.
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www.moneyweb.co.za

Elon Musk launches $43bn hostile takeover of Twitter

The social media company’s shares soared 18%.
www.moneyweb.co.za www.moneyweb.co.za
 
surface

surface

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It is all coming together for trump. Once his puppet acquires twitter, his account will be unlocked and paving way to 2024 victory. And on the other side, Putin defeats NATO and then it will be a new world order. I am excited.
 
Kieppie

Kieppie

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Gyre

Gyre

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Bloomberg - Are you a robot?

www.bloomberg.com

when-elon-musk-tried-to-destroy-tesla-whistleblower-martin-tripp

Could larger forces be at work? Musk wondered out loud. Could Tripp be coordinating with one of Tesla’s many enemies—oil companies, rival automakers, or Wall Street short sellers? “There are a long list of organizations that want Tesla to die,” he warned.

On June 20, the company sued Tripp for $167 million. Later that day, Tripp heard from the sheriff’s department in Storey County, Nev. Tesla’s security department had passed a tip to police. An anonymous caller had contacted the company to say Tripp was planning a mass shooting at the Gigafactory.


When the police confronted Tripp that evening, he was unarmed and in tears. He said he was terrified of Musk and suggested the billionaire might have called in the tip himself. A sheriff’s deputy attempted to cheer up Tripp and then called Tesla to tell the company that the threat, whoever had made it, was bogus. Tripp wasn’t dangerous.
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Nerfherder

Nerfherder

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Kieppie said:
He's vastly overpaying for that hell hole, but perhaps he sees some other potential for it.
Judging by the market reaction people invested in this, not the uninvested twitter screechers, see it as a positive change
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Probably people just trying to ride a wave.

He may well fix the platform but I don't a good reason why this would make Twitter do better financially.
 
konfab

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Kieppie said:
He's vastly overpaying for that hell hole, but perhaps he sees some other potential for it.
Judging by the market reaction people invested in this, not the uninvested twitter screechers, see it as a positive change
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Twitter is dirt cheap for the amount of influence it has.
 
surface

surface

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I hear Parag has booked flights to India, is it true trump supporters?
 
Kieppie

Kieppie

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Nerfherder said:
Probably people just trying to ride a wave.

He may well fix the platform but I don't a good reason why this would make Twitter do better financially.
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The new CEO had a negative effect on their stocks so perhaps people hope that he will oust him.
Not much is needed to fix the platform. Just apply standards consistently and be more transparent by providing proper justifications for actions.

konfab said:
Twitter is dirt cheap for the amount of influence it has.
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I think the social aspect is a smaller part of the future plans looking at the way twitter and TikTok is now used for news dissemination :sick:
 
s0lar

s0lar

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surface said:
It is all coming together for trump. Once his puppet acquires twitter, his account will be unlocked and paving way to 2024 victory. And on the other side, Putin defeats NATO and then it will be a new world order. I am excited.
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Put your hatred away for one or two people and embrace freedom of speech which would out live the likes of Trump and his ilk.
 
Phylax

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surface said:
It is all coming together for trump. Once his puppet acquires twitter, his account will be unlocked and paving way to 2024 victory. And on the other side, Putin defeats NATO and then it will be a new world order. I am excited.
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I hope you are right. I really miss Donald Trump :(
 
Pegasus

Pegasus

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surface said:
It is all coming together for trump. Once his puppet acquires twitter, his account will be unlocked and paving way to 2024 victory. And on the other side, Putin defeats NATO and then it will be a new world order. I am excited.
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The world’s richest man is the puppet of a bankrupt guy pretending to be a billionaire. Progressive logic…
 
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