Elon Musk makes offer to buy Twitter - page 10.

Desmong

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Quote from: Flexystar on April 15, 2022, 06:49:03 AM

I think Elon should not be buying Twitter. Honestly it is not his business line. Yes I understand that he is billionaire and he could do any dam thing he wants to do. It’s not big deal for him to buy twitter considering twitter is valued at $36 bln while Elon holds 10% shares meaning he gets that much discount instantly.

However, it would really put Twitter share market value at risk. His mind only works best in tech stuff, and in crypto space he would definitely look after DOGE. But assuming the history, lot of people have lost money due to Elons act of doge tweets! Rest we know how everyone will react.

Since he has the money, then buying the whole twitter shares will not be a problem to him but other shares holders might decided to ignore his approach because of his obvious agenda. If he wants to push the price of doge coin then he should not forget that Bitcoin can do that faster cause other cryptocurrency will also have a bull movement even though it's not much.
I think he wants to use his influence to pressure stake holders to sell there shares so he can have huge control of Twitter.

Viscore

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Quote from: skarais on April 15, 2022, 07:49:08 AM

We know that he is an overly hyped businessman, he does whatever based on what he wants but I don't really know what he wants by acquiring twitter. He was able to buy all the shares thanks to the financial strength he had, but anyway it was just an offer so I can believe that he might fail with his plan.

So let's speculate a bit about him, did he really manage to pull it off?

Musk wants to acquire twitter because he can use it for his own selfish desire maybe in promoting dogecoin rather than bitcoin. As he believes that twitter has the highest potential to be the platform for free speech around the globe, so he'll definitely use it for his own gains. But based on my research, the twitter boards will do everything not to sell twitter. So most likely, all the boards have agreed to decline the offer. https://www.cnbc.com/2022/04/14/why-elon-musk-might-want-to-buy-twitter-for-43-billion-dollars.html

7788bitcoin

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Quote from: Oshosondy on April 15, 2022, 05:15:48 AM

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We all know how deceitful Elon Musk can be, all he cares about is doge coin, not bitcoin, even doge coin rose when he bought shares on Twitter, he is only looking for ways to make doge popular and this can be effective if he owns Twitter. I believe he will fail because Twitter is never like Facebook and will never be like Facebook. His aim will only be towards making doge the dominant coin Twitter will be accepting just as he did with Tesla after his bitcoin criticism which he was wrong about but just wanted to fool people.

The basic is that how much Elon Musk is mocking the entire cryptocurrency space by supporting a meme coin and yet everyone is behind it and investing in them and he showed how easy for him to manipulate the entire market . Elon Musk has the pocket to purchase Twitter and it all depends upon other board members whether he will be having the authority to purchase them.

royalfestus

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There is no prove of the amount of bitcoin Elon musk own, so the insuniation of his position in bitcoin is baseless with twitter offering. On twitter, Elon musk owns the largest share but I cant find anything up to 10.3%. Other top Twitter shareholder plan to do everything to prevent the acquisition of the social media irrespective of the fund offered. Elon musk public display and his opinion on free speech does not make the platform safe for his acquisition.

kryptqnick

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I don't mind Elon Musk, but I'd say he is not very good for the crypto industry. He can make things go up or down, tease with investments or opportunities and then move on, and other things like that. Jack, on the other hand, is clearly pro-Bitcoin, so I wouldn't want Musk to have more power over Twitter than he already has. After all, he is the biggest individual shareholder, right? Not to mention his popularity of Twitter, which is huge. So I don't think this will happen, and I hope Twitter will remain somewhat independent of this guy's wishes.

Cookdata

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There is no smoke without fire. I can only see the offer he is giving to get all the shares but his reason for acquiring Twitter is not convincing. I know he is Bitcoin pro and a maxis, but wait a minute. You don't just take a platforms and reforms it easily, you have to know limit and when a spade is spade.
Twitter is a home of crypto investors but I can say boldly that is not everyone who is on Twitter that has use bitcoin in there life.
I know he is an Ambitious man but sometimes, it is best you leave things the way they are and I personally haven't really experience any issues using Twitter since I registered an account unlike Facebook that is myopic and self center in their ads.

ivankoh

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While I'm not impressed with him, for the richest man in the world right now it's respect. Elon if he wants can continue to buy shares of twitter, even if he is interested in the sport of football - some MU fans have mentioned Elon and expect him to buy the team. Lol, if he really wants to polish his name because he's got it all. In fact, Elon has a 10% shareholder in twitter but he declined to participate in the Twitter development executive meeting and if he wants to take it all in by buying twitter outright - he can.

Captain Corporate

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I believe its not about profit for him. Dude is interested in all kinds of weird stuff, electric cars wasn't a big deal when he bought tesla, the two partners that created it almost went bankrupt before Elon decided to take over, and SpaceX is a space company that builds reusable rockets, which was unheard of before he took over. These all look "revolutionary" ideas, but Twitter is also the media that people use these days, people under 40 usually do not watch places like CNN or Fox or anything like that. They check twitter and thats where they learn their news from, and see both sides of the story very well, instead of news channels that show only one side. Elon could control all of that if he buys twitter, which he knows would mean he would be able to shape the world that way as well.

KingsDen

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"I don't want to be rich, but I want to be able to have or buy whatever I want in life" - Elon Musk

Elon can get anything he desires to get at any cost. If he pushes so hard, he'll get the highest share of twitter. If you deny him the opportunity, I think according to your post, he threatened to withdraw his share and that will affect twitter in some ways.
We all need to know that Elon is one of the most influential personalities in the world. He gets what he wants but I do not agree with Op that Elon will invest a whooping $40 billion in order to pump or promote dodge.

Wexnident

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Ehh, its Musk, he's probably off trying to make ways to profit off of all the tweets he's done that's been hyped up for some reason. Either way from the amount of traction the tweet he made had, I'm pretty sure he's already won even if he isn't able to do what he tweeted no? But I don't doubt he's able to actually pull of what he said, It is Musk, he's probably going to find a way to do it.

Quote from: bakasabo on April 16, 2022, 12:08:26 PM

If Elon Musk starts to control Twitter, would it make any major impact on cryptocurrency? I dont think we would see big price increases in crypto. Why would even this make an impact? Twitter tips takes tiny part in crypto turnover. Twitter used to be quite negative towards crypto, but not it is more or less ok with crypto. If anyone expect same Bitcoin price increase, as it was after Musk announced Tesla would allow Bitcoin to be used as a payment for cars, I would disappoint them.

I don't think so? I mean users would still use Twitter, not Musk himself. It's not like non-crypto users or crypto haters would leave all because Musk would own Twitter, that'd be kind of dumb. I also don't think Musk would do something like banning crypto-hate stuff and the like.

bakasabo

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If Elon Musk starts to control Twitter, would it make any major impact on cryptocurrency? I dont think we would see big price increases in crypto. Why would even this make an impact? Twitter tips takes tiny part in crypto turnover. Twitter used to be quite negative towards crypto, but not it is more or less ok with crypto. If anyone expect same Bitcoin price increase, as it was after Musk announced Tesla would allow Bitcoin to be used as a payment for cars, I would disappoint them.

Sithara007

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There is an interesting tweet from Donald Trump Jr.

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Elon Musk controlling Twitter and allowing for free speech is literally worse than Pearl Harbor!!!

You know it’s coming folks

It it laughable the way the woke folks at Twitter are trying to avoid the inevitable sale to Elon. They have now come up with the "Poision Pill" option. Is this even legal? I don't think that they will be able to defend this in the court. Dilution of shareholding just to target one of the investors is extremely unfair, and these guys are just lucky that the SEC is under the control of the Biden administration. Things may change after the mid-term elections though. Going by the early trends, Dems stand to lose even blue states such as Michigan, Minnesota, Colorado and Maine.

bitzizzix

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As far as I know he hasn't started yet which implies an ongoing process and as far as I know he just bought some twitter shares, maybe he bought some shares because he decided he wanted to invest in the company maybe because he thought he could profit by doing so.
and it's also possible that he's planning a tender offer, with Musk, you never know because the guy is a loose, clever cannon. An odd combination, but if it's true, Musk can pull it off.

darewaller

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Quote from: Fivestar4everMVP on April 15, 2022, 10:41:29 AM

If Jack dorsey should sell Twitter to Elon musk, I personally think this will be the biggest mistake of his life, I personally don't have a problem with Elon being the biggest shareholder of the company, but I do have a problem with him owning the entire Twitter. Elon is cunning and can't be trusted, he honestly has not said why he wants to buy entire Twitter
And what am also wondering is, why did he choose dogecoin? I mean he has the money, he could have easily started he's own crypto project and build it to his taste, why did he choose to adopt dogecoin when he know dogecoin is nothing but a meme coin.?

I would guess that Jack Dorsey doesn't really need money at all. I mean he is rich enough, at a certain point in life, when you have enough money, you could just say "screw this I am going home" and just have fun. He is at a level of wealth where I am pretty sure he would never need money again.

He probably has a huge house, could still get even bigger, get people who could help with the house, like butler and cook type of things and a driver to drive him around, he could send his kids to best schools, he could eat wherever he wants, he could travel to wherever he wants. Basically, the world is unlocked for him, doubt there is anything he can't afford. As long as he stays outside of business of course, the moment we talk about business, it becomes expensive.

Pejoh Asu

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Twitter is a social media that has survived and remains the choice of today's users, this makes anyone want to buy twitter, and I think the idea of buying twitter is a good thing because cryptocurrencies influencers are mostly from twitter so it will make crypto and twitter even bigger.

Mpamaegbu

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Quote from: Oluwa-btc on April 15, 2022, 05:27:31 AM

He will fail woefully, I have seen tweets about him not being a true lover of Bitcoin, despite holding a huge amount of Bitcoin.

He will fail woefully? Really? Come on, what are your parameters for measuring that, anyway? BTW, how do you justify your statement that someone hodling a HUGE amount of Bitcoin yet you still say he isn't a true lover? We may decide not to like how Elon does his things but we can't take away his involvement in cryptos whether with Dogecoin, Shib or Bitcoin.

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Zero arguments he's a pretty good influencer of whatever coin

You know all that and you still think he will fail woefully?

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Why should he even sell Twitter ? Why?

There's always a price tag and every man has their price.

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If he do really wants to get something huge, then he should go make offer's to buy Manchester United.

Perhaps, his interest isn't in football. Again, Manchester United is taking serious beating at the moment and may not attract heavy and critical investors. Clearly, you also have to realize that not every money bag is a Roman Abramovich.

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Quote from: crzy on April 15, 2022, 05:22:00 PM

Quote from: ?? on ??

So let me get this right: Elon Musk didn't give 6 billions dollars to the World Food Program to try to solve world hunger but offers 43 billions dollars to buy Twitter, an already obsolete social media. Sounds legit... Undecided

Most probably he has a plan on using twitter for his own agenda, we all know the hype of twitter and its effect in the whole market so if he can able to own it and manipulate it, this can be a big income generating for him. He can hype more about his project but since we all know that he owns twitter, we can have an idea if its legit or not and if Elon make a tweet about DOGE most probably its just a hype and a part of his manipulation, this could be a warning to everyone.

What can we expect from Elon? He’s been hyping DOGE and when he became the major owner of Twitter he might tweet a lot about it to condition the mind of the public about that meme token. Let’s see if Twitter will accept the offer and what would be the real effect of this one. Twitter has a lot of users, this can be a good exposure for Elon if ever.

crzy

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Quote from: ?? on ??

So let me get this right: Elon Musk didn't give 6 billions dollars to the World Food Program to try to solve world hunger but offers 43 billions dollars to buy Twitter, an already obsolete social media. Sounds legit... Undecided

Most probably he has a plan on using twitter for his own agenda, we all know the hype of twitter and its effect in the whole market so if he can able to own it and manipulate it, this can be a big income generating for him. He can hype more about his project but since we all know that he owns twitter, we can have an idea if its legit or not and if Elon make a tweet about DOGE most probably its just a hype and a part of his manipulation, this could be a warning to everyone.

Silberman

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Quote from: Kakmakr on April 15, 2022, 06:27:16 AM

I think the "reconsidering of his shareholding" has more to do with the fact that he realized that he cannot influence the Twitter board with only a 10% of the total shares and that he cannot be on the board and have more than 10% of the shares. So he said, he does not want to be on the Board, so that he can buy more shares.

Even if he has more than 10% of the shares, he will still not influence the Board to make huge changes to the platform. I cannot see why he cannot hire skilled developers to create a "Twitter" like platform, where he has the majority shares and most of the power to steer his visions for that platform. (The guy took on NASA and won.... why not large social media platforms?) Huh

While Elon is without a doubt a talented individual maybe he recognizes that this is not really an area in which he can compete with others which have dedicated a great deal of their lives to social media websites and that have a great advantage over him already, this is why he is trying to buy Twitter, instead of starting from zero he could start with a company that is already in a good position and that he could move forward and make many times more popular with some innovations.

MinMan

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Even if he owns, twitter and start posting tweets about dogecoin, I think the impression of people towards him will never be changed anymore. People already know that Elon Musks are only using them for his own good and there is no need for Elon to purchase twitter only to show off his coin doge because he can still post right now and the effects are still going to be the same anyway.

He is only going to waste money there and besides, twitter didn't restrict him or any of his post but at least we now know if what is his motive on why he bought some twitter share's last time. People are also puzzled out after he did it but it is very clear for them now.

Topic: Elon Musk makes offer to buy Twitter - page 10. (Read 1280 times)