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Elon Musk Offers to Buy All of Twitter

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I thought Elon Musk was the “great progressive hope” because he essentially pioneered the current adoption of electric cars

Now he’s an enemy?

Make up “y’all” minds will you… or is there going to be a “boycott Tesla”
 
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Hazmat401 said:
I thought Elon Musk was the “great progressive hope” because he essentially pioneered the current adopting of electric cars

Now he’s an enemy?

Make up “y’all” minds will you
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He's not politically a "progressive" in quite that way. As in a 1984-level fascist. Unlike Dorsey.

No need for me to boycott Tesla. They have nothing I want. I'd rather the market decide electric cars (with a rebirth in building nuke plants) than the government. I'm not sure Musk wouldn't agree. It's a good daily driver option, but the technology hasn't caught up and lithium mining is horrible for the environment....
 
jjcs said:
He's not politically a "progressive" in quite that way. As in a 1984-level fascist. Unlike Dorsey.
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I’m not trying to get too political but 5 years ago… he was considered a hero by the left and now it’s like he’s public enemy number one… ever since he told the CA government to “go **** yourselves” and moved to the free state of Texas

I just find it very interesting and comical lol that people thinks he’s the 2nd coming of Trump when in actuality he’s a libertarian at heart

Very comical
 
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jjcs said:
Considering he was born in Africa and is now a US citizen, doesn't he qualify?
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If we're referring to him by a silly but accurate title we could call him an American-Canadian-South African. It's pure idiocy to call him an African-American AND equate his treatment to that of black African-Americans.
 
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ric22 said:
If we're referring to him by a silly but accurate title we could call him an American-Canadian-South African. It's pure idiocy to call him an African-American AND equate his treatment to that of black African-Americans.
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Well, he was actually born in Africa whereas most (read: almost all) "African-Americans" have never even been there.

It's pure idiocy to be a Democrat, but there seem to be plenty of them.
 
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jjcs said:
Well, he was actually born in Africa whereas most (read: almost all) "African-Americans" have never even been there.
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:rolleyes:
Most African Americans that aren't white don't actually know where they came from since their forefathers were not allowed to keep their identities on the way over.
 
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Look, Twitter stayed popular because it was relatively easy to use and the fact it worked very well on cellphones. Like I said earlier, when the iPhone reached retailers by middle 2007, many started to run Twitter from the built-in web browser on the phone, and was one of the first real apps available when the iPhone 3G was released.

Unfortunately, in my opinon, Twitter has a little bit too much of coastal elite mentality in terms of its operations and content moderation. That's why they are so scared of Elon Musk: a Musk takeover would force major changes in its entrenched operating philosophy, and a LOT of people just hate that.
 
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SactoGuy18 said:
Look, Twitter stayed popular because it was relatively easy to use and the fact it worked very well on cellphones. Like I said earlier, when the iPhone reached retailers by middle 2007, many started to run Twitter from the built-in web browser on the phone, and was one of the first real apps available when the iPhone 3G was released.

Unfortunately, in my opinon, Twitter has a little bit too much of coastal elite mentality in terms of its operations and content moderation. That's why they are so scared of Elon Musk: a Musk takeover would force major changes in its entrenched operating philosophy, and a LOT of people just hate that.
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Which is why I hope Musk wins the bid for Twitter

I can’t stand coastal elites telling me and the rest of middle and poor America how to live while living in their safe gated $500,000-Multi-millon dollar homes

Making us transition to electric cars but have every twin turbo V8 range rovers and G wagons in their driveway

It’s maddening but I’m going off subject… Twitter HQ needs to move to Texas
 
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Hazmat401 said:
Which is why I hope Musk wins the bid for Twitter

I can’t stand coastal elites me and the rest of middle and poor America how to live while living in their safe gated $500,000-Multi-millon dollar homes
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Ah yes. Elon Musk, working class hero who famously lives in a 400 sq ft apartment.
 
Wonder if we will see any lawsuits from Twitter stockholders on the boards poison pill maneuver.
As quick as it was instituted, it looks more like self serving instead of determining what the stockholder really wanted.
 
Wonder if Elon is looking at a tender offer?
Then you have Apollo Global Management offering financing for anyone looking at a Twitter buyout.
I was surprised at how little stock and use the Twitter board actually has regarding Twitter.
Suspect this has more drama to go ...
 
Will be interesting to see if this goes through or not; it has been reported today that he has the funding for the buyout
 
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diamond.g said:
:rolleyes:
Most African Americans that aren't white don't actually know where they came from since their forefathers were not allowed to keep their identities on the way over.
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Not sure the point of the emoji, as they were born here and are Americans. They weren't born in Africa or anywhere else. I refer to Teddy Roosevelt's opinion on the whole hyphenated thing.

Musk actually was. "Africa" is a continent, not an ethnicity.
 
jjcs said:
Not sure the point of the emoji, as they were born here and are Americans. They weren't born in Africa or anywhere else. I refer to Teddy Roosevelt's opinion on the whole hyphenated thing.

Musk actually was. "Africa" is a continent, not an ethnicity.
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That doesn't make what I wrote false.
 
Twitter is nearing a deal to sell itself to Elon Musk, two people with knowledge of the situation said, a move that would unite the world’s richest man with the influential social networking service. An agreement could be announced as soon as Monday, the people said.
Twitter’s board was negotiating with Mr. Musk into the early hours of Monday over his unsolicited bid to buy the company, after he began lining up $46.5 billion in financing for the offer last week, said the people, who spoke on the condition of anonymity because they were not authorized to discuss confidential information. The two sides were discussing details including a timeline to close any potential deal and any fees that would be paid if an agreement were signed and then fell apart, they said.
The discussions followed a Twitter board meeting on Sunday morning to discuss Mr. Musk’s offer, the people said. Obtaining commitments for the financing was a turning point for how the board viewed Mr. Musk’s bid of $54.20 a share, enabling the company’s 11 board members to seriously consider his offer, the people said.
Twitter’s stock opened 4 percent higher on Monday, at about $51 a share.
An agreement is not yet final and may still fall apart, but what had initially seemed to be a highly improbable deal appeared to be nearing an endgame. The situation involving Twitter and Mr. Musk remains fluid and fast-moving, the people with knowledge of the situation said.

Mr. Musk, who has more than 83 million followers on Twitter and began amassing shares in the company earlier this year, declared his intent to buy the company on April 14 and take it private. But his proposal was quickly dismissed by Wall Street because it was unclear if he could come up with the money to do the deal. Twitter also adopted a “poison pill,” a defensive maneuver that would prevent Mr. Musk from accumulating more of the company’s stock.
Mr. Musk updated his proposal last week, putting pressure on Twitter to more seriously consider his bid. In a securities filing that was made public on Thursday, Mr. Musk detailed how he had put together financing from the investment bank Morgan Stanley and a group of other lenders, which were offering $13 billion in debt financing, plus another $12.5 billion in loans against his stock in Tesla, the electric carmaker that he runs. He said he would use another $21 billion in cash to buy the rest of Twitter’s equity.
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NEW YOUR KTIMES


A free speech absolutist in charge of the de facto town square? Sounds incredible!

:)


 
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