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04-14-2022, 03:30 PM
(This post was last modified: 04-25-2022, 03:13 PM by LevelUP.)
A big move is happening in the social media world.
Elon Musk is offering to buy Twitter for $43 billion in cash or $54.20 a share.
https://www.npr.org/2022/04/14/109279210...uy-company
Here are some interesting Mark Cuban tweets on this.
1. My conclusion,
@elonmusk
is f**king with the SEC. His filing w/the SEC allows him to say he wants to take a company private for $54.20 ? Vs his "Am considering taking Tesla private at $420. Funding secured" Price go up. His shares get sold. Profit ️ SEC like WTF just happened.
2. Every major tech company , Google, fb, et al is on the phone with their anti trust lawyers asking if they can buy Twitter and get it approved. And Twitter is on the phone with their lawyers asking which can be their white knight. Gonna be interesting
So what are Musk's intentions, money, trolling, or owning Twitter?
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04-14-2022, 04:27 PM
(This post was last modified: 04-14-2022, 04:31 PM by jsd.)
Edit: Nevermind, Elon is just being Elon.
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Twitter closed at around $45 a share. The offer is $54 a share, which is around 20% above where it's trading now.
Someone else could step in and offer $65 a share to outbid Musk for all we know. So then we got a bidding war.
Then Musk could say, I don't care what you all bid. I'm taking it to a vote of the shareholders.
https://nypost.com/2022/04/07/elon-musk-...-meetings/
This drama could take a year to play out.
I haven't seen a hostile takeover of a company in a while.
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04-25-2022, 03:10 PM
(This post was last modified: 04-25-2022, 03:15 PM by LevelUP.)
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LOL, Elon's just being...himself...buy out the competition and make it "better" I guess. If I was in his shoes...I would have started something else and named it "better" or whatever.
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This is going to get pretty absurd and entertaining, I suppose.
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(04-25-2022, 03:29 PM)bjcheung77 Wrote: LOL, Elon's just being...himself...buy out the competition and make it "better" I guess. If I was in his shoes...I would have started something else and named it "better" or whatever.
Everything Elon touches turns to gold. His voice is worth more than billions of dollars spent on marketing.
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(04-25-2022, 03:38 PM)LevelUP Wrote: Everything Elon touches turns to gold.
Dogecoin investors may disagree....
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04-25-2022, 04:02 PM
(This post was last modified: 04-25-2022, 04:03 PM by LevelUP.)
(04-25-2022, 03:53 PM)MNomadic Wrote: (04-25-2022, 03:38 PM)LevelUP Wrote: Everything Elon touches turns to gold.
Dogecoin investors may disagree....
Here the SNL part where he talked about it:
https://www.cnn.com/2021/05/09/media/elo...index.html
There's an old saying that "a fool and his money are soon parted."
Anybody that buys any of that crypto junk deserves to lose all their money, don't blame Elon.
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(04-25-2022, 04:02 PM)LevelUP Wrote: (04-25-2022, 03:53 PM)MNomadic Wrote: (04-25-2022, 03:38 PM)LevelUP Wrote: Everything Elon touches turns to gold.
Dogecoin investors may disagree....
don't blame Elon.
Applaud Elon for the things that prosper after he gets involved but ignore examples that don't support that belief. Got it!
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