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

bloomberg.com

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

#871

Post by namesbc »

gunapologist99 wrote: post #521

So Twitter was at $70 per share a year ago. So what? Jack Dorsey was CEO a year ago, too. The share price was $33 less than a month ago. But, despite an absolutely incredible roller-coaster news cycle, things have been definitely trending down at Twitter ($33/share last month), which was reflected in its share price. The current executive team (and Dorsey) had wasted time focusing on things that didn't matter instead…

No board is going to accept a low-ball offer, and that assumes Musk is even seriously offering and not pulling another stupid stunt.

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

#874

Post by systemvoltage »

ss108 wrote: post #58

> Free speech absolutism is possible and is beneficial I don't think we have evidence to support this. Pursuant to the last major thread on the topic, I was thinking further about it, and realized that the vast majority of progress civilization has made has been under conditions much more regulated in terms of which ideas may propagate. We've never had a situation where fake news can and does spread the way it does t…

No one is advocating for absolute free speech.

Just expanding what’s allowed. Currently, Twitter’s policies are extremely lopsided.

I don’t think anyone is calling for allowing violence, threats, etc.

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

#875

Post by dontblink »

Bezos has Washington Post as his mouthpiece. Murdoch has Fox News. Musk doesn't really need more money. I don't think this is just pump and dump.

Is it possible Musk is looking to buy a method to influence a populace for his own ends? I.E. is this a method for him to influence a population to gain power and sway over elections, organizations, etc?

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

#876

Post by usefulcat »

dontblink wrote: post #875

Bezos has Washington Post as his mouthpiece. Murdoch has Fox News. Musk doesn't really need more money. I don't think this is just pump and dump. Is it possible Musk is looking to buy a method to influence a populace for his own ends? I.E. is this a method for him to influence a population to gain power and sway over elections, organizations, etc?

Certainly wouldn't be the craziest thing that has happened in the past 6 years.

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

#877

Post by psophis »

thepasswordis wrote: post #249

Can anybody make a good argument as to why Twitter (in its current form) isn’t a major detriment to society? If Twitter poofed out of existence today, it would be a major win for this planet. People talk about a frightening future with a human hostile AI that wants to destroy humanity. That exists, it’s twitter. Elon buying it, even if he runs it into the ground is a good thing. Getting rid of some of the hostile AI…

The argument [0] has been made that Twitter was why the US had as good of a response to COVID-19 as it did.

[0]: https://stratechery.com/2020/defining-information/

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

#879

Post by cft »

gunapologist99 wrote: post #521

So Twitter was at $70 per share a year ago. So what? Jack Dorsey was CEO a year ago, too. The share price was $33 less than a month ago. But, despite an absolutely incredible roller-coaster news cycle, things have been definitely trending down at Twitter ($33/share last month), which was reflected in its share price. The current executive team (and Dorsey) had wasted time focusing on things that didn't matter instead…

Deep state via its pension funds that have unlimited access to free cash from Fed in cases like this, will long Twitter. This bidding war cannot be won by Musk. He probably factored this in, and will take significant profit once he dumps his share as he promised. Hopefully that would go towards funding a Twitter alternative.
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