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/biz/ - Business & Finance


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50250286 No.50250286 [Reply] [Original]

>loses 1 billion dollars in transaction fees
>doesn't gain anything

>> No.50250301

>>50250286
hes not gonna takeover twitter cause its 75% bots

he can just cancel the deal because twitter wasnt honest about its real users

he loses nothing and twitter loser everything

>> No.50250324

>>50250286
maybe his mom shorted

>> No.50250328

>>50250301
No he owes 1 billion for canceling

>> No.50250383

>>50250286
Pocket money, his minions did short it for trillions. Prove me wrong, you cannot lose wen u big mone.

>> No.50250397

What he gained was a bad image of twitter exposibg their bots, would be funny if he would just start his own afterwards kek

>> No.50250401

>>50250286
>refuses to elaborate
based

>> No.50250406

>>50250328
no he doesn't. twitter does.

>> No.50250416

>>50250383
If that’s what he was doing he fucked up because the stock price barely moved. The stock market isn’t as easily gamed as shitcoins.

>> No.50250424

>>50250416
Np he will make donut the universal currency of mars in the next 5 minutes.

>> No.50250429
File: 8 KB, 200x200, 1472285114525.jpg [View same] [iqdb] [saucenao] [google]
50250429

>>50250286
He recently dumped like 10 billion dollars worth of Tesla stock right at the peak. That would have pissed people under any other scenario, but since he was buying twitter everyone was okay with it and didn't question the timing.

>> No.50250471

>>50250429

It was quite brilliant.

>> No.50250519

twitter fucking lied about their bots so i don't see why he has to buy it lmfao get bent retarded lefties

>> No.50250672

>>50250429
Did you read that on Reddit?

>> No.50250676

Such a naive tr*nny post.

>> No.50250719

>>50250328
He does not owe shit if twitter has repeatedly lied about their number of bots in their official filings, which they obviously have. Twitter gave them all data so I'm guessing he's certain he has enough evidence to pull out of the deal with no repercussions.

Either way, even if Elon loses and pays 1b in fines, twitter is still a dumpsterfire of a company and this situation has only made it worse for them.

>> No.50250765
File: 33 KB, 600x600, owojak.jpg [View same] [iqdb] [saucenao] [google]
50250765

>>50250286
HOLY FUCK IT IS JUST LIKE EFFERUM

>> No.50250784

>>50250286
>doesn't gain anything
It was an excuse to sell his Tesla stocks, 40+ billions in his pockets right before the price began to dump. exposing Twitter as a scam is a nice bonus. Pretty clever if you ask me.

>> No.50250791

>>50250719

Except the 1 billion they just earned lmao

>> No.50250797

>>50250286
Doesn't he still own like 9% of the company I think he just wants to either fix or watch the platform burn.

>> No.50250798

>>50250301
>75% bots
The thing about canceling people and mob attacks on social media gets an entire new dimension when you realize its some bots that are doing the majority of attacking and that they are programmed and ordered around by glowniggers and agencies and ngos and similar entities.

>> No.50250803

>>50250791
did they even earn it? even so, twitter stock is down way more now than it was before this "buying" thing. that 1bil would be nothing

>> No.50250879

>>50250791
They've not been profitable for a decade. 1b in cash will only prolong the inevitable, and they can forget about anyone trying to aquire them ever again.

>> No.50250894

>>50250286
Government subsidies will fix that, don't worry.

>> No.50252388

>Be musk
>tries to buy twatter for 44 billion, but then stock market tanks
> twatter is over valued
> pull out of deal, lose 1 billion
> twatter already down a shit ton of money in stock valuation
> go to buy twatter again, but now for like 20 billion

Save 20ish billion. Seems like smart move either way if he still wants to buy twitter.

>> No.50252449
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50252449

>>50250301
Twitter only has about 1 million real accounts, 185 million are fake bots or inactive. Of the real accounts, about 1/10 are active, of the active accounts, only 30 produce content worth reading once a month. Gettr is a way better platform and the users are less retarded.

>> No.50252478

>>50250286
sunken cost fallacy
hes come out ahead because he would have lost 40 billion on a company with no value

>> No.50252493
File: 719 KB, 1384x714, twatter.png [View same] [iqdb] [saucenao] [google]
50252493

>>50250879
>They've not been profitable for a decade
They are not even trying to be. All they do is preach for socialist movement while getting paid 6 figs.
Fucking joke

>> No.50253535

>>50250301
Legally i think you're right

>> No.50253611

>>50250286
dude you aren't paying attention if he wins that lawsuit he might pay $5.42 for twitter instead of $54.20

>> No.50253626

>>50250672
the fuck? too stupid to read a form 4?
why are you even here?

>> No.50253638

>>50250301
I doubt they were lying. It's much easier for them to prove they did their due diligence in measuring how many bots there are on the platform than it is for musk to prove they were intent on lying about their bot problem in official filings. They didn't need to pull this kind of information out of their ass, they've been studying their own platform for years, some of that work was done with different departments at multiple universities as well.

>> No.50253641

>>50250429
The only sensible post ITT comes from a jeet posting frog thumbnails. Fuck my life

>> No.50253660
File: 211 KB, 412x412, watermarked.gif [View same] [iqdb] [saucenao] [google]
50253660

>>50250286
>Be Elroy Musk
>Dont even own a house
>Everything is in other peoples names or funded by your company.
>Go to buy twitter PERSONALLY.
>dont
>They come after him for 1bn to pull out of deal
>lel sue me.
>they try and sue him PERSONALLY, but he has no assets. Cannot sue his company because Tesla wasnt buying twitter, Elroy was.
>twitter gets $0 because they are suing a man with $0 and no home.
Isnt this what hes doing?

>> No.50253678
File: 92 KB, 289x241, 1641797184545.png [View same] [iqdb] [saucenao] [google]
50253678

>>50250286
>proves Dead Internet Theory
>heh nothing personal.. bot

>> No.50253682

>>50250416
The news about Twitter agreement been canceled came out more at the close of the stock market, so it's left too see what will happen to Twitter.

>> No.50253690

The most charitable explanation I’ve seen for Musk’s actions is that it allowed him to liquidate a huge amount of Tesla stock at the top without the usual negative drawbacks. Nobody questioned him or the future success of Tesla - “oh he just needs cash for twitter”.

>> No.50253731

>decides to buy Twitter
>makes trannies seethe
>tricks trannies into forcing him to buy Twitter and like it

masterful. The Art of the Deal.

>> No.50253739
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50253739

>EEEEEEEEEEEEEEEEEEEEEEEEEEELOOOOOOOOOON

>> No.50253757

>>50253638
You're assuming they're competent

>> No.50253791

one of us

>> No.50253828

>>50250286
>>50250328
Listen poorfags, $1 billion to walk away is less than the loss he'd take by buying a bag of dog shit and taking the loss later

But that won't happen if there's a chance he can also walk away from attorneys fees that only run in the millions

>> No.50253855

>>50250301
>>50250719
Wrong. Twitter called his bluff and released the raw data. It supports their published numbers.

>> No.50253896

>>50250286
he got to sell tesla stock way higher than it is now

>> No.50253909
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50253909

>>50250719
>he thinks Elon didnt plan to pull out from the start
Capturing the "number of bots" necessarily would rely on twitter being competent or even motivated enough to record such statistics which brings up the question of why you would invest in such a company in the first place if you dont think they are reliable; including up to actually filing papers to buy.

Elon is simply pumping and dumping stocks because hes still in his feelings about the SEC reprimanding him for doing it with Telsa because he feels its a free speech issue whereas the SEC sees him as just manipulating markets with his twitter feed.

>hello, Elon

>> No.50253919

>>50253855
Lol go on then post your sauce

>> No.50253941

>>50250286
Sure he gained. He gained the ability to liquidate tons of tesla stock when he otherwise wouldn't have been able to.

>> No.50253972

>>50253855
kek sure
i guess you're a linkie too

>> No.50253977

>>50250286
Well, he effectively destroyed twitter. .
So there's that

>> No.50254013

>>50253919
>>50253972
Check the news mongoloids.

>> No.50254021

>>50253757
Twitter don't have to be competent to leave behind a paper trail of effort of dealing with a known difficult problem with internet services, they just have to be consistent. There is no perfect standard for catching a bot on any internet service. Even with that in mind beating elon's meme strat of profiling 100 users total is really fucking easy for even a basic statistician. It's not to say I think Elon would be taking some kind of a loss if he lost in court or that I like Twitter. I actually think it's a cancer of culture. Like other anons have said Musk cashed out at Tesla's peak so his bags are plenty secure.

>> No.50254027
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50254027

>>50250286
>>loses 1 billion dollars in transaction fees
>>doesn't gain anything

Sells BILLIONS of his stock (at near record high value) in Tesla WITHOUT spooking the market because they see he has a legitimate reason.
Destroys Twitter's value and at worst must pay a single billion.
Uses the Billions he made selling Tesla stock to start a rival twitter service.

>> No.50254053
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50254053

>>50250286
top businessman of our times btw

>> No.50254098

>>50254013
Kek the "news". So no source then forgot like I said

>> No.50254178

>>50254098
Learn to google, cumguzzler.
https://qz.com/2175968/elon-musk-wanted-more-data-so-twitter-gave-him-all-of-it/

>> No.50254244 [DELETED] 

>>50254013
Believing the MSM

NGMI

>> No.50254286

It's amazing how many people fell for the old sleight of hand.

>> No.50254287

>>50254027
>Destroys Twitter's value and at worst must pay a single billion.
It's actually a hell of a lot more likely he's gonna be forced to buy Twitter by the court. He signed a legally binding agreement to purchase and he ain't getting out of it

>> No.50254305

>>50254178
>reply with poo.emoji, refuse to explain further

>> No.50254329

>>50250803

By Musks posturing and blinking during the staredown, Musks played himself out of 1bn however you want to spin it or not either he pussied out of his ‘noble cause’ or Twitter made it so awkward he was forced to walk away, either way he has lost 1bn and they’ve gained 1bn.

>> No.50254369
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50254369

>>50254287
>He signed a legally binding agreement to purchase and he ain't getting out of it

He did not become the world's richest man without having a multi-layered legal defense of firms of paranoid Jewish lawyers.
If he wants out of the contract he will get out.
Do not be too surprised if he actually manages to get Twitter to have to pay HIM for their breach of contract.

>> No.50254398

>>50254369
If he were that smart he wouldn't have bought it in the first place, especially not for $44b.

>> No.50254416

>>50254369
More likely he will settle for a few hundred millions

>> No.50254436

retards don't realize it was a ruse to justify his selling of Tesla stocks. One billion dollars is nothing compared to the amount he sold.

>> No.50254477
File: 24 KB, 500x351, Why_You_Allways_Need a Full_Body_Pic.jpg [View same] [iqdb] [saucenao] [google]
50254477

>>50254398
>he wouldn't have bought it in the first place, especially not for $44b.

He is NOT going to.
Twitter's value has plummeted so much that after the deal is cancelled he could make a new bid at a far lower cost OR use the money to create a rival.
Twitter is now a company revealed to be lying about their user base numbers, effectively destroying their ability to sell advertisement (their source of income).

>> No.50254480

>>50254369
this. he'll either get the company at a discount or twitter gets so btfod that it kills them off completely

>> No.50254500

>>50254436
yeah it's crazy how every normie misses this

>> No.50254530

>>50254477
>He is NOT going to.
He already did. For $44b. He's an idiot.

>> No.50254596
File: 969 KB, 496x368, Get_Out.gif [View same] [iqdb] [saucenao] [google]
50254596

>>50254530
>>He is NOT going to.
>He already did. For $44b. He's an idiot.

Just because you gave her an engagement ring does NOT mean you have to marry her.

Elon said he would buy Twitter **IF** the company was portraying itself truthfully.
Everyone knows Twitter is lying about how many real users it has, so Elon has a legitimate excuse for walking away.

>> No.50254604

>>50250803
>>50250879
A goalpost just flew over my house what the fuck

>> No.50254648

>>50254178
Case closed. Musk is screwed. I always knew this guy was an idiot.

>> No.50254728

>>50250286
But like.... doobies and shipships man..... yeah?

>> No.50254743

>>50254596
>Elon said he would buy Twitter **IF** the company was portraying itself truthfully.
No, he did not. He already bought it.

>> No.50254806
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50254806

>>50254743
>>Elon said he would buy Twitter **IF** the company was portraying itself truthfully.
>No, he did not. He already bought it.

You **HAVE** to marry me, you gave me a ring!

The Deal is not complete till money passes hands. Twitter can cry all night long, but Elon is not buying it.

>> No.50254818

>>50254806
The marriage certificate has been signed. It's over.

>> No.50254819

>>50254806
>You **HAVE** to marry me, you gave me a ring!
>The Deal is not complete till money passes hands. Twitter can cry all night long, but Elon is not buying it.
A ring isn't a signed contract you moron

>> No.50254853

>>50254596
>>50254806
>>50254819
ITT: we torture a not-especially fitting analogy between engagements to be married and LEGALLY BINDING CONTRACTS TO PURCHASE PUBLICLY-TRADED COMPANIES to death

>> No.50254884

>>50250301
are muskrat dickraiders actually THIS retarded or it this satire?

>> No.50254916
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50254916

>>50254818
>>50254819

How much did you guys lose buying Twitter stock?
I thought about it for about 30 seconds before realizing there was NO WAY Elon was actually EVER going to pay that much for Twitter.

Elon needed a good excuse to sell Tesla stock at near record highs AND a way to destroy Twitter before starting a rival service.

If you think the legal system is going to save Twitter then you are in for a rude awaking.
Most legal cases go in favor of the person with deepest pockets and Elon has the deepest pockets.

>> No.50254967

>>50250328
Not only will he not pay that billion, he's also gonna make twitter pay his attorney fees when they prove that twitter was lying about its user count.

>> No.50255032

>>50254967
>and then hes going to build a revolutionary new public transport network underground. then terraform Mars and we all lived happily ever after from the $30,000 per year night-time earnings of our self street-crawling Tesla Robotaxis since 2020.

>> No.50255144

>>50254743
You'll never be a woman

>> No.50256915

>>50254916
>Elon has the deepest pockets.
wew lad

>> No.50256940

>>50255032
Tweet about it, lol.

>> No.50257101

>>50250286
Clearly playing 4d chess

>> No.50257163

>>50250301
He doesn't want to because Trump didn't reciprocate his bullshit.

>> No.50257335

>>50250429
Fantastic. He's smarter than people think.

>> No.50257516

>>50250429
Good post, this was most likely the actual reason. He probably really regrets taking Tesla public.

>> No.50257541

>>50254287
There was a stipulation that if he pulled out of the deal he would pay some amount. That's the 1bil everyone's referencing

>> No.50257601

It's amazing that you retards still think melon husk has any say in this , he has no value , no stocks , he's just a puppet for bigger interests. Stay retarded biz

>> No.50257632

>>50250286
1 billion dollars… he could have given every American 3 million with that money. So insane

>> No.50258685

>>50257632
ffs learn to calculs, it's 3 mill per family

>> No.50258701

>>50250719
homie he signed a binding agreement to acquire the company. That's on him if he signed it without doing appropriate due diligence.

>> No.50258718

>>50250286
>proves a point
1 billion is what he loses or gains in like 1 hour on his stocks

>> No.50258719

>>50258701
not if twitter lied to the sec

>> No.50259490

>>50257632
No, he could've given every American ~$3 you fucking retard.

>> No.50259857
File: 452 KB, 750x682, chad.jpg [View same] [iqdb] [saucenao] [google]
50259857

itt retards who don't know the difference between a binding contract and an Indication of Interest which is worth as much as toilet paper

>> No.50260007

>>50259857
>deer Twotter
>I is interest in buy you for $44b but you give me all data 1st and I give u only $1b if not interest after, pinky swear
>yurs elon
Stop being a fucking retard anytime anon.

>> No.50260018

>>50259857
damn, jimmy neutron cleaned up nicely

>> No.50260157

>>50254369
>the world's richest man
fucking despise you redditards

>> No.50260200
File: 133 KB, 1000x667, dead air fu.jpg [View same] [iqdb] [saucenao] [google]
50260200

>>50253626
Leave NFA out of this

>> No.50260290

>>50250286
Sounds like a typical eth transaction

>> No.50261954

>>50260157
Is he not the worlds richest man?

>> No.50262056

>>50261954
At the height of money printing? Nah

>> No.50262118
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50262118

>>50250301
>he can just cancel the deal because twitter wasnt honest about its real users
AAAAHAHAHAHAHAHAHAHAHA! What a DUMB FUCKING POST. Imagine investing hundreds of billions into a company only to pull out because you forgot to verify everything wasnt fake and gay.

>> No.50262160

>>50262056

this place is just people saying vague cloak and dagger shit to seem deep

so who's the worlds richest man?