Elon Musk

twitter's not even in the top 10 of social media platforms

That's why Musk is using other people's money to buy it

Right. No way he could buy Google or Facebook etc. Twitter was the only one that was affordable & available.

Right. No way he could buy Google or Facebook etc. Twitter was the only one that was affordable & available.

Twitter subscriptions will either be $5 a month to not see Trump's tweets or $15 a month to see all of them.

the thing about twitter is its not like the other social networks it has lots of famous people experts media people and so forth people make news on it musk has himself many times it has way more reach than its bottom line numbers would imply, thats why he wants it, and he prob thinks he can monetize that reach somehow, but he cant

it is also interestingly the media place where hes gotten by far the most criticism

can't blame a guy for wanting to be the ultimate mod but heavy is the head

yeah it seems like a pretty bad idea to me but what do i know i dont have buy twitter money just lying around

pretty crazy that tesla stock is down 20% since he decided he was gonna do this, tbf market is down altogether but not that much

considering that stock is what hes putting up you gotta think that if it keeps falling the deal will stop making sense to him at some point

idk man the guy loves twitter and i'm pretty sure he thinks if he owns it he's king of the world

if you own twitter you can add likes to your posts and no one will know

whatever makes him happy

what are all these free speech, centrism etc claims supposed to amount to you can already go on there and post pretty much whatever you want

'"I think Twitter needs to be much more evenhanded. It currently has a strong left bias because it's based in San Francisco...from their perspective, it seems moderate, but they're just coming...from an environment that is very far left."' @elonmusk https://t.co/LketxgQeaq

— Nick Gillespie (@nickgillespie) May 10, 2022

hell reinstate trump and a handful of awful right wing account thatve been banned i guess

there are also places where twitter will get dragged by the courts for being a publisher of defamatory content etc. you cant just disable moderation and go on your merry way

yeah doubt he does any sort of serious moderation changed theres just too much downside, its all for show, but i can certainly see why tesla shareholders wouldnt be psyched about the show you dont really want your media darling ceo getting super political

you cant just disable moderation and go on your merry way

why not? i'm thinking, here, of the millions pg places i've seen with shitty to nonexistent moderation that publish content and go along their merry way

millions pg places

fingers punched to the right by a small animal for the middle word

for instance if someone was posting revenge porn and twitter knew about it and did nothing or were just totally negligent they could get in some sort of trouble, which is not to say there arent tons of places online that dont break laws all the time but most dont have the profile of twitter, tbh the bigger threat if they stopped moderating is just the place going to hell and people stop using it, like if you ever check out those twitter clones for right wing psychos they are not places almost anyone would want to go

but seriously this guy is supposed to be selling cars and instead hes in the press with his name attached to the single most polarizing political figure in the world this is insane behavior

yeah its really hard to see the upside. musk/tesla already has insane brand recognition and reach and owning buying twitter won't do much from a pr perspective.

if anything twitter is currently perceived as a fairly liberal space for ideas etc so people supporting musk on twitter can be reported on as a reliable indication of reality. the minute musk takes ownership all news of twitter goings on will be noted as "musks social media network, twitter" and it will lose trustworthiness for those who follow stocks

"I think Twitter needs to be much more evenhanded. It currently has a strong left bias because it's based in San Francisco...from their perspective, it seems moderate, but they're just coming...from an environment that is very far left."

that is preposterous, this city is not far left, but it's clear you don't want to be here so just buy it and move the company to Florida or Texas, good riddance

I'm dubious of most media "don't look here, look over here" misdirections, but it's worth noting that Musk's "I'd let Trump back on Twitter" announcement occurred the same day/time as Tesla recalls 130,000 vehicles to fix touchscreen issues caused by an overheating CPUs.

Yeah especially as up til last week he said trump wont come back to twitter, so hes changed his tune?

The guy is a fucking troll, manipulating media and stock markets to his whim. How is this allowed?!

i’m guessing it’s the decades of supine fealty to capital and its bosses

lol

Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn

— Elon Musk (@elonmusk) May 13, 2022

bro its twitter cmon you knew what you were getting

Is this him backing out? 🙏🏻

that or renegotiating, hes also trying to find investors rather than borrow against tesla stock

Tesla's share price has plunged about 32% over the last few weeks. Musk is now trying to raise enough money from others so he doesn't have to borrow against his sagging Tesla shares to fund a Twitter takeover. https://t.co/yq5qEvasCN

— Tim O'Brien (@TimOBrien) May 12, 2022

very smart guy

smartest man in the last thousand years

point counterpoint

Here's the thing: There are not a ton of spam bots on this website. That's because of moderation.

But of that small amount, there are a ton pretending to be... Elon Musk.

Another sign pointing towards "I want it because it's bad for me, personally."https://t.co/TeWaGOhk9c

— Ben Collins (@oneunderscore__) May 13, 2022

If Musk backs out of the Twitter deal ostensibly over bots they should provide insight into the bots he ran to pump Tesla’s stock.

— Matt Novak (@paleofuture) May 13, 2022

Told @ElonMusk's tunnel from Convention Center to Resorts World is ready, awaiting final approval. Unlike the existing tunnels, this route has one tunnel (for now)—cars will go one way or the other, waiting for the tunnel to clear before drivers can go in the opposite direction.

— Vital Vegas (@VitalVegas) May 13, 2022

is there a guy in a yellow suit holding one of those signs that says STOP on one side and SLOW on the other

lmao

It’s happening

Musk is just pretending to buy Twitter to unload more Tesla shares and will find some dumb reason why he “can’t do it”

— Bucco “Buyback” Capital (@buccocapital) April 29, 2022

thats one of my theories

my many theories

about the rich man i hate

wonder if the bot excuse is calculated to avoid paying the $1b backout fee, claiming they gave him bunk info

Elon Musk logic is literally: I'm going to buy Twitter to fix the bot problem, but I am actually going to wait for a further analysis of Twitter's bot problem.

— William Turton (@WilliamTurton) May 13, 2022

iirc musk specifically waived the diligence out (it's common for buyers to require a diligence out that allows them to break the deal if they find something bad during diligence), so i don't think he's trying to do that. it's also stupid because the bot thing was literally in twitter's public disclosures well before the deal was signed.

orchestrating this to sell tesla stock strikes me as unlikely too given the $1B breakup fee, that's really expensive and he hasn't sold (or was planning to sell) that much anyway... fwiw he sold way more in 2021 https://www.cnbc.com/2021/12/14/elon-musks-stock-sales-could-total-18-billion-by-the-end-of-year-.html

I have no facts or reasoning to back this up, but my heart tells me that the big rich guy is going to win, and that it’s going to involve the other rich people also winning, somehow

Then some people will get pissed and it’ll be like “well there’s going to be a lawsuit over that one, you better believe that!”

Then 3-5 years from now on page A19 there will be some news on the progress of the settlement, and he’ll still be incredible rich, and will probably own google or some dumb shit as well

I finally realize the basic reality which is that to rich people, settlements are the costs of doing business, and that the small cluster of legal teams who know how to negotiate those settlements are doing it not to deter or punish or redistribute the money back to normal people, but instead just to get their slice of the pie. There is no one involved that is a good person, it’s just them getting theirs and then selling it to everyone else as the law in action or whatever we say these days.

Reminds me of how I have to pay $8/month on a mandatory “concierge” service for my shitty apartment. It’s supposed to help me and lead to them doing cool stuff like repairing things. In real life, they just don’t respond, not for me and not for the other neighbors with the same mandatory concierge. We all just laugh (actually, I do - they tend to just complain about it literally every time I see them, to the point where I am now actively avoiding them because I cannot hear about this concierge debacle one more time unless I’m the one writing about it on an Elon Musk thread) because what are you going to do? It’s a total scam, everyone knows it, the concierge gets to pick up free money and they obviously are friends with whoever owns the apartments.

I’m sure after these kinds of giant transactions are over, everyone gathers around a flame and worships Baal while cutting themselves with the edges of $100 bills

i know I have a tendency to be a little Pollyanna-ish about these things but I think obscenely rich people scamming each other but mostly scamming poorer people who will be forced by but to sit there and endure the scam will be like 97% of the global economy before the end of decade

*forced by law

i believe it will be more like 98% in some places, less so than others, unevenly distributed. but the trend of money is toward total, complete bullshit while people can't afford healthcare or housing

the only one single idea that elon musk has about that is to make people indentured slaves on his shitty new mining planets