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Elon Musk takes over Twitter

Discussion in 'Sports and News' started by Alma, Apr 25, 2022.

Page 131 of 274
  1. Azrael

    Azrael Well-Known Member

    this

     
    Azrael, Dec 17, 2022
    #1561
    Smallpotatoes, Neutral Corner and garrow like this.
  2. garrow

    garrow Well-Known Member

    Seriously, that is so weak.
     
    garrow, Dec 17, 2022
    #1562
  3. Jake from State Farm

    Jake from State Farm Well-Known Member

    I liked Bari Weiss the first time I saw her
    Now I’m starting to understand how her colleagues in the New York Times newsroom felt about her
     
    Jake from State Farm, Dec 17, 2022
    #1563
    wicked likes this.
  4. Michael_ Gee

    Michael_ Gee Well-Known Member

    Musk is offering to sell stakes in Twitter to investors at the same $54.20 a share price he paid for it. Mankind living on Mars is a realistic dream compared to that offer.
     
    Michael_ Gee, Dec 17, 2022
    #1564
  5. dixiehack

    dixiehack Well-Known Member

    In a world where people pay $99 for a glorified Donald Trump screensaver, ya never know.
     
    dixiehack, Dec 17, 2022
    #1565
  6. The Big Ragu

    The Big Ragu Moderator Staff Member

    Ya never know. But this is his family office reaching out to people who actually have the kind of money to bail Musk out on some of what he bit off that he now can't chew. It's not going to take a ton of due diligence to look at a balance sheet and income statement and conclude that the company as it is constituted is worth maybe a quarter of what he paid for it at max at this point. A year ago, many of those people were acting like sheep and might have bought in at a ridiculous valuation on Elon Musk hype (the way people were buying Tesla stock at an insane valuation), but today? With real interest rates positive now (or at least not as negative), money isn't so worthless anymore that people are tossing it around like it is as meaningless as they were. And even if that wasn't the case, there is no Elon Musk hype anymore. He has trashed any cult hero thing had going.
     
    Last edited: Dec 17, 2022
    The Big Ragu, Dec 17, 2022
    #1566
  7. Jake from State Farm

    Jake from State Farm Well-Known Member

    Jake from State Farm, Dec 17, 2022
    #1567
  8. Michael_ Gee

    Michael_ Gee Well-Known Member

    All true, and the Twitter offer isn't being made to the same suckers Trump's after. He's seeking big money investors, because right now he's losing big money.
     
    Michael_ Gee, Dec 17, 2022
    #1568
  9. The Big Ragu

    The Big Ragu Moderator Staff Member

    The Big Ragu, Dec 17, 2022
    #1569
    Neutral Corner likes this.
  10. Smallpotatoes

    Smallpotatoes Well-Known Member

    Smallpotatoes, Dec 17, 2022
    #1570
  11. ChrisLong

    ChrisLong Well-Known Member

    Dammit, you're right. My memory is up in the nosebleed seats.
     
    ChrisLong, Dec 17, 2022
    #1571
    poindexter likes this.
  12. outofplace

    outofplace Well-Known Member

     
    outofplace, Dec 17, 2022
    #1572
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