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Topic: Elon Musk makes offer to buy Twitter - page 11. (Read 1280 times)

hero member
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April 15, 2022, 03:54:51 PM
#28
In each and everything he'll makes money. What is happening with his plans of buying more shares on Twitter is a play to influence the market. Some users have mentioned the plans of pumping the dogecoin price. For now that doesn't look like the plan. What we see here is the plan of pumping the market with his plans of buying more shares. This will surely pump the market share value of Twitter. By that time Elon will sell his holdings and exchange some other businesses.
As a Billionaire then whatever steps you would do then i t would always be attaching up something in related on making money which is something very that normal.Its none of our business whether he do manipulate
Doge after having Twitter or any other means because its his money then he could do all he want but of course there are things which cant really be bought easily.
legendary
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April 15, 2022, 03:41:50 PM
#27
In each and everything he'll makes money. What is happening with his plans of buying more shares on Twitter is a play to influence the market. Some users have mentioned the plans of pumping the dogecoin price. For now that doesn't look like the plan. What we see here is the plan of pumping the market with his plans of buying more shares. This will surely pump the market share value of Twitter. By that time Elon will sell his holdings and exchange some other businesses.
legendary
Activity: 3164
Merit: 1175
April 15, 2022, 02:19:33 PM
#26
...
We all know how deceitful Elon Musk can be, all he cares about is doge coin, not bitcoin...

He is just like that and that's why he is totally unpredictable! I doubt anyone knows what he really likes, and Doge is probably just a tool for some of his games that only he understands! But still, he earns abnormally big money and he managed to become the richest man in the world, so whatever he does seems to work for him very well!

His only motives is to able to control the crypto market through Twitter.
You know that Twitter has the potential to influence the crypto market.
The man is a wise businessman.
Remember he said, "he who controls the meme, controls the world". Although I don't see Dorsey selling Twitter to him no matter the amount he wants to pay

He is definitely wise and has long-term plans! But I also doubt that he will succeed in this purchase... maybe this opens some other paths for him, it would be interesting if he starts his own social network when he already has his own satellites and internet, additional investments are certainly not a problem for him!
legendary
Activity: 2772
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April 15, 2022, 01:44:59 PM
#25
Twitter is opting for the poison pill approach: https://www.cnn.com/2022/04/15/tech/twitter-elon-musk-poison-pill/index.html

Musk won't be able to privatize the company, no matter how hard he tries. He's effectively capped at no more than 15 percent with Twitter's new approach. He's at around 9 percent in shares, Vangaurd Group (investment firm) bumped up their shares to 13 percent IIRC, so Musk isn't the largest shareholder anymore.

Either way, Musk could just dump all his shares and flood the market, he would still make money, Twitter loses in the end. If I were them, I would take his acquisition offer of 54 bucks a share. It's pure delusion for it to be worth that or a penny more, even.
sr. member
Activity: 812
Merit: 349
April 15, 2022, 01:06:18 PM
#24
His only motives is to able to control the crypto market through Twitter.
You know that Twitter has the potential to influence the crypto market.
The man is a wise businessman.
Remember he said, "he who controls the meme, controls the world". Although I don't see Dorsey selling Twitter to him no matter the amount he wants to pay
sr. member
Activity: 1722
Merit: 252
April 15, 2022, 10:44:09 AM
#23
I hope this plan will happen soon, if Elon Musk buys Twitter, it will certainly accept cryptocurrencies for ad payment transactions and maybe in the long term there will be a Twitter coin, we are waiting for the news and it could happen soon.
legendary
Activity: 2310
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April 15, 2022, 10:41:29 AM
#22
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.?
hero member
Activity: 2366
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April 15, 2022, 10:17:16 AM
#21
He cared about doge coin? When? He is not literally trying to buy Twitter he just look to bump the Twitter shares and probably will sell it later if the price went 50% up so its like a publicity stunt to keep the fame as well as growing the assets value just using his confusing statements.
Leo
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April 15, 2022, 10:01:19 AM
#20
It's a huge figure, If WhatsApp went for over $19 billion,then,Twitter should go beyond the $100 billion mark. Anything below 100 billions USD is a bad sell out! He can reconsider his shares if he likes or go build his own Twitter if he so much wants a free public speech. I think that Jack won't give him that power he's looking for in other tech space. Jack has done wonderfully well with Twitter though.

Its what they are saying on the media that he wants free speech in twitter. To be uncensored anymore. He is up to fight democrats and I think he is backed by lots of political minds. Elon sound very eccentric that would do anything but he seem to know the laws in corporate and politics in US.

The first free speech he did was to not attend the board meeting of Twitter which fellow democrats already protest that his way of free speech is dangerous. And then offers to Buy twitter. Because the board rejects the offer, it gives him the right to ask the board members to question the rejection.
Elon is forced to buy twitter for his safety and reconfigure its security, I think that He simply wants twitter because he doesn't like Mark Zuckerberg, Jack won't sell it, It will be foolsh to sell Twitter as the owner. How can you sell your legacy to another man. Money is not everything, at least money is not a problem to Jack Dorsey. Twitter is the most powerful social media platform for breaking News and trending discussions, it can innovate itself into a real-time news aggregator and resource suggestion tool using the latest technology like artificial intelligence to solve topical issues for users. The potential of Twitter is endless.
legendary
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April 15, 2022, 09:51:25 AM
#19
We all know how deceitful Elon Musk can be

Exactly. I would not be surprised if it was more an attempt to pump the price of Twitter shares in order to sell afterwards, for example.
We simply don't know what his plans are and expecting that they're indeed related to crypto may be a bit much.
hero member
Activity: 1960
Merit: 547
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April 15, 2022, 09:31:33 AM
#18
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.
He's a very smart guy, he doesn't want to be a board member because as a board member he only owns about 14% of the shares and of course it won't be enough to affect twitter changes. Instead of buying back all the shares, become the new boss of this prestigious social network.

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 NASTwitteron.... why not large social media platforms?) Huh


Twitter is Elon's favorite social network and we also know twitter is the most popular social network today, so it is very difficult to create a new social network and have the same success as twitter.
full member
Activity: 616
Merit: 100
April 15, 2022, 09:11:59 AM
#17
Quite expected. He wanted to create his own independent platform, but in the end he just decided to buy out a huge company for tens of billions, very cool. He needs a large platform in which he will introduce DOGE as a means of payment. After the purchase of Twitter, this change will happen quickly, possibly introducing a blockchain network.
full member
Activity: 812
Merit: 126
April 15, 2022, 09:07:59 AM
#16
What does elon musk mean when he said "reconsidering his positions?" Is he threatening twitter knowing he owns 10% of shares.

Eventhough, I still don't think elon musk will most likely succeed. I don't think the founders can be threaten by elon musk. And I'm sure elon will most likely take back his words. Elon's twitter I think is the only social media platform where he gains popularity related to crypto. And he's not even into facebook or etc. maybe because of some conflicts. Having said that, I don't think elon musk can afford to lose another social platform for another conflict. Because I'm sure there can be one if ever elon don't make things right.
legendary
Activity: 1414
Merit: 1118
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April 15, 2022, 08:42:30 AM
#15
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.
If you think someone would pay about $40 billion to pump Dogecoin, forgive me for calling you an idiot.
Elon Musk is looking for ways to dominate more sectors, starting with the internet, automobiles, transportation, and finally social media.
Meta may be the next world, and if Elon Musk manages to create Neuralink Brain Chip[1] that will replace mobile phones, having his own means of communication will be the next goal.

[1] https://www.youtube.com/watch?v=Gv_XB6Hf6gM
Do not get me wrong, I am not saying he is buying Twitter to be able to increase the value of doge. What I am saying is that he can speak good about bitcoin today, but if he buy Twitter, there is possibility he will only make sure doge is used for almost everything about Twitter unlike now which bitcoin is more considered.
legendary
Activity: 3388
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April 15, 2022, 08:38:59 AM
#14
This is the way news has been focused on within the last month: Russia/Ukraine-->Will Smith/Chris Rock-->Elon Musk/Twitter.  I'm left wondering why the Ukraine invasion lost its importance (I know it hasn't, but you wouldn't know it based on what professional Youtubers are talking about).

In any case, I couldn't care less what role bitcoin plays in Elon Musk's bid to take over Twitter.  So that aside, I think Twitter needs a very serious shaking up in its headquarters, because they're a bunch of scumbags who take their orders from the US government and will censor any viewpoints that don't align with Uncle Sam's.  In addition to that, they're extremely left-wing so they're more than willing to censor any offensive content dealing with race, sexuality, etc., and I hate that.

The way I understand it, Musk is very pro-freedom when it comes to speech (and I hope I'm right about that), so if he wound up running Twitter, I think it'd be a very different company and likely a better one.

By the way, does anyone else think news outlets (and even Youtubers) give way, way too much importance to what random Twitter idiots have to say?  I often hear "X on Twitter says...." and who the hell knows who X is?  More importantly, why should anyone care what a random person on a website that's known for mob rage mentality has to say?  It drives me bonkers.

If you think someone would pay about $40 billion to pump Dogecoin, forgive me for calling you an idiot.
And that was after he was hyping bitcoin and then reversed his position on that.  Seems he does have a tendency to act before thinking things out, because the news said yesterday that he was waffling on the Twitter bid, but I'm not sure if that's true or not.
legendary
Activity: 2506
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April 15, 2022, 08:34:28 AM
#13
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.
If you think someone would pay about $40 billion to pump Dogecoin, forgive me for calling you an idiot.
Elon Musk is looking for ways to dominate more sectors, starting with the internet, automobiles, transportation, and finally social media.
Meta may be the next world, and if Elon Musk manages to create Neuralink Brain Chip[1] that will replace mobile phones, having his own means of communication will be the next goal.

[1] https://www.youtube.com/watch?v=Gv_XB6Hf6gM
legendary
Activity: 2114
Merit: 1147
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April 15, 2022, 08:13:18 AM
#12
Honestly, I don't know what you're all fussing about his proposal. Does it make any difference how you will use Twitter if Elon becomes the owner? How will it really affect your life or your business?

~ 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.
Yes he can do that but it takes time to build a huge user base. He's probably smart enough to try the easiest and probably less expensive route before creating his own platform.
legendary
Activity: 2464
Merit: 2094
April 15, 2022, 07:49:08 AM
#11
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?
legendary
Activity: 1414
Merit: 1108
April 15, 2022, 07:17:07 AM
#10
In a surprise announcement, Mr Musk said he would pay $54.20 a share for Twitter, valuing it at about $40bn. It recently emerged that Mr Musk was Twitter's biggest shareholder after he built up a large stake in the firm. He said that if his offer was not accepted: "I would need to reconsider my position as a shareholder".
I see a lot of Tyranny in his statement. So, having the most shares gives you the right or puts you in a position to better buy over someone's ideas. He even got to view himself as the only one that could bring twitter to its fullest potential and I wonder what that could be. I think this idea came up given the fact that, he provided some space network for Ukraine to ensure communication in the on going war when the disruption to this happened.

Considering his positionas a share holder is a very ambitious statement but like OP said, it's another attempt to promote either doge or some other shit coin or perhaps, his looking towards creating a coin for twitter itself and establish some affiliation of usage with the Twitter social media.
hero member
Activity: 2870
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April 15, 2022, 06:58:57 AM
#9
It's a huge figure, If WhatsApp went for over $19 billion,then,Twitter should go beyond the $100 billion mark. Anything below 100 billions USD is a bad sell out! He can reconsider his shares if he likes or go build his own Twitter if he so much wants a free public speech. I think that Jack won't give him that power he's looking for in other tech space. Jack has done wonderfully well with Twitter though.

Its what they are saying on the media that he wants free speech in twitter. To be uncensored anymore. He is up to fight democrats and I think he is backed by lots of political minds. Elon sound very eccentric that would do anything but he seem to know the laws in corporate and politics in US.

The first free speech he did was to not attend the board meeting of Twitter which fellow democrats already protest that his way of free speech is dangerous. And then offers to Buy twitter. Because the board rejects the offer, it gives him the right to ask the board members to question the rejection.
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