Musk’s Money Mystery Intrigues SEC • Hacker News Board

Re: Musk’s Money Mystery Intrigues SEC

#51

Post by wang_li » Thu, Aug 09, 2018, 6:17 PM UTC

eanzenberg wrote: post #34

dragontamer wrote: post #16

> Of course the SEC is looking into this. I can’t think of a thing that the SEC would look into more. If Warren Buffett was giving insider tips about accounting fraud at the Fed to Lloyd Blankfein so that he could help Donald Trump and the pope insider trade against the Illuminati, the SEC team investigating that would be scheming to get transferred to the Elon Musk team. Obviously, this is a silly article. But the p…

Probably because it's not quite an opinion piece. A buyout at this massive scale would've been rumored by now by the potential suiters. The only other alternative is single-buyers who are willing to put up that much personal capital, also highly unlikely.

Norway. They've got a trillion dollars in their sovereign wealth fund and like to imagine they are rehabilitating their reputation as not being bad for the environment even though the basis of their wealth is oil extraction.

Re: Musk’s Money Mystery Intrigues SEC

#52

Post by dragontamer » Thu, Aug 09, 2018, 6:18 PM UTC

imron wrote: post #50

eanzenberg wrote: post #34

Earlier quoted context omitted.

Probably because it's not quite an opinion piece. A buyout at this massive scale would've been rumored by now by the potential suiters. The only other alternative is single-buyers who are willing to put up that much personal capital, also highly unlikely.

Larry Page is on record a few years back saying he'd give his fortune to Musk rather than donate it to charity [0]. I imagine Musk has a handful of billionaire friends he could probably hit up for cash. Throw in some money from SpaceX, and he could probably make the buyout price. 0: https://www.businessinsider.com/larry-page-elon-musk-2014-3

The buyout at $420 would cost around $70 Billion. Maybe a bit less if they leverage things (aka: find another bank who is willing to loan them some money).

Larry Page doesn't have $70 Billion in cash. That's the other important part: $420 implies this is a cash buyout. Larry Page has tons of Google shares that he can offer, but that's not cash.

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Either someone (most likely a bank and/or international fund) has the $70 Billion that Mr. Musk alleges he has "secured", or Mr. Musk was lying on that tweet. That's really the only two scenarios here. Unfortunately, it will take a very long time for information to come about on this issue.

Re: Musk’s Money Mystery Intrigues SEC

#53

Post by [deleted] » Thu, Aug 09, 2018, 6:21 PM UTC

TooBrokeToBeg wrote: post #31

propman wrote: post #27

Earlier quoted context omitted.

This is the first comment I’ve seen approving that tweet and it’s every bit as deluded and cringeworthy as I’d expect. Musk never even apologized for that one did he?

> it’s every bit as deluded and cringeworthy as I’d expect. Not deluded at all. Sorry if you didn't get it. It's very strange that puritanical adherence of America has been rolled back (mostly) but the pedo label is still so toxic in American culture that it's assumed that other cultures share the same values.

[deleted]

Re: Musk’s Money Mystery Intrigues SEC

#54

Post by csours » Thu, Aug 09, 2018, 6:25 PM UTC

DISCLAIMER: I work for a Tesla competitor, any opinions are solely my own. I am not a financial analyst, I may be a lizard-person.

If I were Elon, I would love it if I could take my company private and keep my fans as shareholders. I would love it if I could "go private" and not have to actually buy back all of the shares of people who want to go long anyway. I would love it if shorts had no mechanism to short my company.

I would love it, but I don't know if I could find a real financial instrument that allows for it.

Re: Musk’s Money Mystery Intrigues SEC

#55

Post by denzil_correa » Thu, Aug 09, 2018, 6:26 PM UTC

eanzenberg wrote: post #9

matthoiland wrote: post #5

Is Musk constantly inside-joking himself? Why $420 a share? Why do his car models spell S3X? Is his internal email bong69@boring.com? I love this guy.

Do you think calling heroes "pedos" is funny too?

Personally, I think it was very offensive. I also found the hero's comment on the Musk submarine "to stick it where it hurts" very crass and offensive too.

Re: Musk’s Money Mystery Intrigues SEC

#56

Post by girvo » Thu, Aug 09, 2018, 6:27 PM UTC

thesagan wrote: post #30

eof wrote: post #15

Earlier quoted context omitted.

I find an ultra powerful visionary being childish and making fart jokes very funny.

I find it disconcerting.

You and I aren’t his audience then, I guess.

Re: Musk’s Money Mystery Intrigues SEC

#57

Post by _fizz_buzz_ » Thu, Aug 09, 2018, 6:28 PM UTC

dang wrote: post #44

MuskMania has reached information heat death: it can generate nothing new on its own. See the thread below for a good example. Since this article doesn't supply enough new information to get us out of that state, we're treating it as a dupe of https://news.ycombinator.com/item?id=17709543 . When significant new information arises (note: not the same thing as the next provocation), then there will be something to disc…

I feel this is a questionable call. The SEC questioning Tesla is in my opinion a pretty significant development. Also, I think this was the only Tesla article on the front page - not exactly a mania ...

Re: Musk’s Money Mystery Intrigues SEC

#58

Post by hunterjrj » Thu, Aug 09, 2018, 6:29 PM UTC

Krasnol wrote: post #45

sfarnan wrote: post #35

Earlier quoted context omitted.

How’s this Elon’s fault? He’s endlessly criticized in unjustified ways. That guy didn’t reasonably critize Elon’s plans, he instantly attacked his motives and said to stick his submarine up his rearend. And 10% of Thailand’s GDP is based on the sex industry or $6.4 billion a year. “Pedo” is kind of a misused connotation but when people get attacked their impulse is to respond with a personal attack. It’s not a “meltd…

[flagged]

Paging Scott Adams (or one of his sock puppets)...

Re: Musk’s Money Mystery Intrigues SEC

#59

Post by Reedx » Thu, Aug 09, 2018, 6:29 PM UTC

matthoiland wrote: post #5

Is Musk constantly inside-joking himself? Why $420 a share? Why do his car models spell S3X? Is his internal email bong69@boring.com? I love this guy.

Also BFR (Big Fucking Rocket).

Inside jokes like that are a way of communicating with other nerds and gamers.

Re: Musk’s Money Mystery Intrigues SEC

#60

Post by usrusr » Thu, Aug 09, 2018, 6:29 PM UTC

sfarnan wrote: post #35

davesque wrote: post #28

The problem, at this point, is that I think the average person must find all this very tiresome. Let's set aside all the theories about whether or not Musk is actually a stable genius for doing everything he's done lately (including calling one of his critics "pedo guy"). With everything that's going on in the world today, I just don't have the energy to keep up with all this grandstanding. The result? I'm sick of he…

How’s this Elon’s fault? He’s endlessly criticized in unjustified ways. That guy didn’t reasonably critize Elon’s plans, he instantly attacked his motives and said to stick his submarine up his rearend. And 10% of Thailand’s GDP is based on the sex industry or $6.4 billion a year. “Pedo” is kind of a misused connotation but when people get attacked their impulse is to respond with a personal attack. It’s not a “meltd…

How could "but it was just a generic racial slur aimed at a whole nation!" make this any better? The correct line of defense would be "Musk said something stupid, move on".