Well, now he won't get to claim that he founded Twitter.
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Elon Musk Wants to Terminate $44 Billion Twitter Acquisition [Updated]
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It's time to stop focusing on making people mad and triggering them, and focus on making people be honest and do the right thing, regardless of what side you're on.
Yeah. Elon wanted to turn it into a Right-wing cesspool instead.
I don’t think the liberal democrats wanted him to own twitter in the first place but sure oWn THe LibS!!!
Pretty big accusation. I can tell you this. There is no GAAP or SEC definition for “spam” bot so unless you think twitter knowingly lied and has secret documentation proven as such, sloppiness wont be prosecuted
Would love to see Elon produce evidence based on the fact that he probably personally purchased a bunch of bots
If you waive your right to an inspection and other contingencies, true.
I know that I have backed out of a purchase because the garage door was so low that suv couldn't fit. And I paid no damages. And on some purchases there were sufficient material deficiencies to force a reduction.
I know that I also forced someone to follow through on a purchase they tried to back out of. They said a parent had backtracked on helping pay the down payment, but they had provided a proof of funds letter from one parent providing part of the downpayment , and I answered them with a demand letter that it doesn't matter what the parent says now, they signed a legally binding document and someone has to pay or they lose their deposit. The sale miraculously went through, and somehow those people had the funds to build expensive side gates right after close...
You dont “waive” anything in a sense you dont have a right to inspection. You just decline to put any contingency. Most contracts are as is and you add requirements.
If only Elon actually went ahead on buying Twitter and delete it for good, I'd gain a bit of respect for him. Just a bit.
Twitter ran by Elon Musk already exists, it‘s called Truthsocial
Elon Musk is not pro free speech, whoever thinks this is either uninformed or deliberately dishonest.
Elon Musk says he wants free speech, but his track record suggests otherwise
Musk's free speech advocacy seems to apply mostly to his own speech or that of his fans and promoters.
Elon Musk is not pro free speech, whoever thinks this is either uninformed or deliberately dishonest.
Elon Musk says he wants free speech, but his track record suggests otherwise
Musk's free speech advocacy seems to apply mostly to his own speech or that of his fans and promoters.www.cnbc.com
Yup. Beware false idols. There’s a narrative slowly simmering here that will likely end in a call for biometric digital ID in order to access the internet. Western governments are already working in parallel with various digital surveillance legislation and calls for encryption backdoors. But no one cares because the TV news didn’t tell them to. Musk is no one’s friend.
His bid for Twitter was accepted the same as the Chinese stopped delivering batteries to Tesla. Business is all about timing and Elon ran out of luck at this point.
Can you please link to his WFH diatribe? I want to read it (even though I will probably be disgusted by it). Thanks in advance.
I found this notice was filled with the Sec, for June of 22. It was a very interesting read. It explains why Musk (and holding company) is no longer seeking to merge.
Notice to Twitter, Terminating Merger
Notice to Twitter, Terminating Merger
He did get to exercise his 8B in expiring Tesla options and convert those to cash under the radar and with a cover story... even if he pays a billion+ he's laughing to the bank (this isn't my theory and may just be a 4D chess excuse for being an impulsive nut).
Newspapers and similar publications REGULARLY inflate readership numbers via gifting/heavily discounting subscriptions. Doesn't happen much these days, but nice hotels used to put a copy of the paper outside your door every morning. Each room at this hotel was thus a "subscriber".
Any business acquisition that I have even seen involved the establishment of a "clean room" where vetted individuals could review granular internal company data on exactly these kinds of issues. The offer would only be made after all of these details were analyzed in depth. Also, any discussion whatsoever of the data would be a breach and trigger compensation.
So when they blocked the New York Post's account for 16 days for posting the Hunter Biden story, what was that?
Left wing cesspools are allowed, pal.Yeah because it’s not a cesspool now.
It is undeniable, Musk is most likely the smartest man on the planet. The success of simply 1% of one of his many companies outweigh the success of any member on this board- with perhaps an exception for Arn combined.
It takes this kind of mind, to go balls to the wall and risk it all for everything he does. Risk is in his DNA, and nobody can deny the amount of multiple successful contributions to the world he has made. You don’t have to like him- but the man deserves respect- as he most certainly has earned it. Outspoken- yes, but seriously widen the view of his accomplishments. Pretty sure he’s got a plan with this twitter decision, and I am not going to pretend to fathom what it may be.
It takes this kind of mind, to go balls to the wall and risk it all for everything he does. Risk is in his DNA, and nobody can deny the amount of multiple successful contributions to the world he has made. You don’t have to like him- but the man deserves respect- as he most certainly has earned it. Outspoken- yes, but seriously widen the view of his accomplishments. Pretty sure he’s got a plan with this twitter decision, and I am not going to pretend to fathom what it may be.
Musk appears to have bitten off more than he can afford to chew at the moment given what’s happening with Wall Streets current valuation of the assets he controls that make up his net worth.
I’ll fess up to a little schadenfreude in that regard. I’ve long thought that Elon thinks a little too highly of Elon. No doubt he’s been wildly successful for a reason but he really should dial back the smugness from time to time and try a little humble pie from time to time instead. Behind almost every successful person are others who helped them along the way mixed in with a little bit of good fortune at the right time.
It’ll be interesting to see if the court buys this “too many bots” argument. I’m not saying it is a manufactured excuse to get out of a deal his ego wouldn’t allow him to pass up on because of the media attention he received at the time prior to his financial positions taking a hit as others have outright accused him of because I don’t have the numbers in front of me that he and his team are looking at nor do I have any knowledge about how the numbers were derived but that’ll all come out in time if this goes to court and results in a trail. That would be an interesting development indeed because I’d love to know the true extent of the bot and fake account problems on Twitter and I know you can’t trust what the company puts out there for public consumption. If what Musk is asserting is true that’s bad for Twitter’s stock price any way you slice it.
I’ll fess up to a little schadenfreude in that regard. I’ve long thought that Elon thinks a little too highly of Elon. No doubt he’s been wildly successful for a reason but he really should dial back the smugness from time to time and try a little humble pie from time to time instead. Behind almost every successful person are others who helped them along the way mixed in with a little bit of good fortune at the right time.
It’ll be interesting to see if the court buys this “too many bots” argument. I’m not saying it is a manufactured excuse to get out of a deal his ego wouldn’t allow him to pass up on because of the media attention he received at the time prior to his financial positions taking a hit as others have outright accused him of because I don’t have the numbers in front of me that he and his team are looking at nor do I have any knowledge about how the numbers were derived but that’ll all come out in time if this goes to court and results in a trail. That would be an interesting development indeed because I’d love to know the true extent of the bot and fake account problems on Twitter and I know you can’t trust what the company puts out there for public consumption. If what Musk is asserting is true that’s bad for Twitter’s stock price any way you slice it.
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