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Elon Musk makes $43B unsolicited bid to take Twitter private

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Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#531
post #50

I personally think this is excellent, in the great scheme of things, maybe this will open a real discussion about the real oligarchic nature of the US political and societal life at the top. I mean, with tech titan (and second wealthiest man on the planet) Bezos owning the WaPo, the moment the tech titan (and the wealthiest man on the planet) Musk will put his hands on Twitter hopefully will also be the moment of som…

The Zuck needs to be in that 2nd graph.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#532

43 Billion Dollars!? Of all the important issues in the world, Twitter is where this sort of money might go? Twitter! Oy vey have we lost sight of whats important. That's enough to give every research PhD student in the USA a sorely needed extra $15k every year for the next ~50 years. Sure glad we aren't living in an age where incentivizing technological breakthroughs on a societal level is an important thing to do.…

Twitter is the public square for elite discourse in the US. It's surprising the price is that low. As a business maybe not, at least not in the short term, but the externalities are...compelling.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#534

43 Billion Dollars!? Of all the important issues in the world, Twitter is where this sort of money might go? Twitter! Oy vey have we lost sight of whats important. That's enough to give every research PhD student in the USA a sorely needed extra $15k every year for the next ~50 years. Sure glad we aren't living in an age where incentivizing technological breakthroughs on a societal level is an important thing to do.…

He doesn’t lose $43 billion. He goes from osning $43B of one thing to $43B of a different thing.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#536

43 Billion Dollars!? Of all the important issues in the world, Twitter is where this sort of money might go? Twitter! Oy vey have we lost sight of whats important. That's enough to give every research PhD student in the USA a sorely needed extra $15k every year for the next ~50 years. Sure glad we aren't living in an age where incentivizing technological breakthroughs on a societal level is an important thing to do.…

I would have to hard disagree. I think free speech is one of the most important issues we face today, it's worth any price IMO, including the ultimate price.

Having research without free speech is useless.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#537

This is the coolest mid-life crisis purchase I've ever seen. I hope he enjoys it and has some fun from the boring office work of rockets, tunnels, robots, AI, and of course bullet-proof trucks.

Imagine having the possibility of feeding millions in the Global South but instead decide to spend your money in bullshit like this...

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#538

I'm not sure Musk knows what he's doing, this feels like a personal vendetta. I'm also not sure he has any likelihood of succeeding in the first place, I wouldn't necessarily assume anyone is going to take him up at that price. And (quite frankly) I don't think that Musk is a very good free speech activist. I think he's regularly hypocritical about free speech and regularly engages in his own forms of censorship; I d…

I think Musk believes that Twitter is the primary meeting place and seemingly unified-ish mouthpiece of anti-capitalists in the west and he's seeing that they are making dangerous progress. He's someone who is a capitalist and feels that $50B is a worthy investment to disrupt anti-capitalist momentum.

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#539

> "if my offer is rejected i will reconsider my ownership in twitter." Thats an immense amount of selling pressure on the stock... This is a threat. He's negotiating with a gun to their head.

They don’t call it thirsty Thursday for nothin’!

Re: Elon Musk makes $43B unsolicited bid to take Twitter private

#540
post #51

Ooooh, maybe this is what the > "There will be distractions ahead ... let's tune out the noise and stay focused on the work and what we're building" from the other day ( https://news.ycombinator.com/item?id=30984215 ) meant...

Complete speculation, but after seeing that and then the offer, i immediately thought “ok, they had some negotiation, Elon made demands, the board refused, he threatened to buy the company and fire them, the board refused… and now he is following through.”

I don’t think he’s an idiot though, so there must also be some other upside here. Certainly there’s value to unlock in Twitter. Does he need the cash?

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