Topic: Elon Musk makes offer to buy Twitter - page 6. (Read 1280 times)

I don't think the CEO of Twitter will sell it considering Twitter is a media potential that will not be abandoned and will always increase its users and this is the main point in the social media business.
and also look at some of the twitter stockholders who already know with the potential to hold shares it's unlikely they will release it to elon musk so if elon musk wants to own it need a lot of compromise space for them

I still think that there is a good chance he could end up buying. If his offer of 50 billion dollars gets accepted then I would be definitely not be shocked about it, if it gets rejected, this is the same guy that can conjure up, as long as 100 billion dollars so I wouldn't really be shocked if he keeps his amount higher and higher then he would eventually get it. I wouldn't really guess that would be profitable for him though. Like lets assume he buys twitter for 50 billion dollars, do we really know if it will make that much money? Or is there a part of it that he could use somewhere else? I really do not think that twitter worths 50+ billion dollars at all.

Why do you think so because I see no reason why Elon musk proposal should be accepted. Musk has an intention which is the reason why he is so desperate to by Twitter so he will have so much power to do what so ever he likes. His plan is to have control over the social media since he can not go after Facebook, Instagram and other popular social media. He has a plan and he want it to be accomplished by all means.

So the offer got up and it's still unknown if the Twitter boards and execs are going to accept the offer. We're all just interested on this because it's him and if Twitter is going to accept the amount.
That's just a lot of money then but I know that there are other sale that has been higher than this. Maybe for the execs it's not worth it but let's see and wait on what this story will end.

Ukraine/Russian conflict became usual for people, the war has been going on for two months, it's not a sensation anymore, especially for a person who lives comfortable life far from the conflict zone. Is that pitiful? Yes, but that's the nature of humans. You'll never know how starvation feels until you face that in reality.

I can't imagine a pro-freedom person being a number one rich. He's known to be a very acting person, changes his mind easily, remember what he did with bitcoin, that moment naked his true nature.

I have my opinion and I'm sorry if it sounds offensive but I think that by choosing and popularising shit meme coin, he proved himself how stupid the humanity is and how much influence he has on them.

You are not American but that doesn't mean that their political situation or conflict can't negatively affect you. Of course it depends on where you live but most of the time my statement is true.

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What makes me surprised is that people on this forum often talk about how good decentralization is and why we must move to decentralized currencies. But somewhat everyone here wants Twitter to be at hands of one billionaire person because they think he is the messiah. Cmon people, it's always bad when one person has a huge influence on everyone and everybody. There are a lot of ways he influences me but recently I would say that he has gone too far and intends to do more harm than good.

It's the right thing if Elon Musk bought Twitter, as we know that Elon Musk has a creative and professional team that can make Twitter the #1 social media outperforming Facebook, and of course there will be unique ideas related to cryptocurrencies on Twitter.

He has responded to the poison pill approach. He's at around 10 percent equity and is not able to have more than 15 percent without Twitter flooding the shares. He can just get a few business partners that would get 14.9 of the company and easily have a group of 4 private investors that would have majority control of the company. IIRC he insinuated an approach like this as a plan B. His reluctance to join the Twitter board tells you he wants to buy the entire thing, not just be the largest shareholder.

aThe man wanted to extend his legacy in social media platform that's why he wanted a full control of twitter , in this he can use the platform for his own campaign , we also Knew that he is not really into Bitcoin so what can be for the Bitcoin when he shows his full support in Meme coins?
I'm afraid what will be the use of twitter if he finally get the full control , this maybe good for Him but not for Bitcoin .

Elon hasn't reacted after the poison pill proposal from the Twitter Board. Given how intelligent he is, I am sure he will come up with a perfect counter-strategy. BTW, Twitter share price has gone up by almost 30% in the last 4 weeks. But even then, the market cap of the company is far below what Elon offered. In his last official statement, Elon said that he has accumulated around $46.5 in debt and equity financing, for the purpose of Twitter takeover. This is higher than the offer of $43 billion that he made two weeks ago.

Even he's the wealthiest person in the world, he can't buy everything. Whoever does refuse selling his share of Twitter, it's okay. As long as Elon got the most share in the company.
He's still going to be able to own it but what's the news after this potential buy of him? Did it progressed and has any update on this story? There's still a process within the boards and executives of Twitter if they will all agree to hand it over to him.

This is exactly what he did with Tesla as well and he knows it works. He wasn't the founder of Tesla as many people believe, he was just a minor investor when he first got in, but it was like a concept rather than an actual car company, it was nowhere near the hype that it has right now.

What he did was the company needed more and more money to keep going, because it failed to produce at mass during early days, so it failed to build the car, which resulted with him eventually buying ti as a whole. Here in twitter he is doing the same thing, he bought a small share, and will eventually buy more and more, or he will just buy it as a whole.

Although Elon musk has shown so much regards for doge coin and when ever he Talks about Crypto-Currency he mostly channel it to Dogecoin but at this point let’s not be quick to judge him, am not a fan of billionaires or influencers manipulating Crypto-Currency to Favour themselves, but if Elon musk plan is to create more avenues for twitter to accepting payments in Bitcoin then I think it’s what waiting to see how it materializes.

I will be happy if the shareholders don't sell their shares to Elon. Elon has so much social influence and only his tweet makes a huge impact in the world of crypto. If he owns twitter, he will definitely use it to manipulate the market and enrich himself more. I am not trying to be jealous of him, but he should concentrate in his tesla, spaceX. If he wants to diversify, he should do so without letting others suffer. No one should try to spoil this crypto we are enjoying.

Elon could afford to but Twitter but he will just use this platform to manipulate more coins just like what he did to Dogecoin which is actually not too effective now because people have learned about his real motive. It's a good thing that shareholders aren't selling their shares to Elon. That simply means that he couldn't take everything that he could afford.

no wonder because twitter is the most influential social media platform in the crypto world, and Elon really wants to rule the crypto world. but reportedly Elon's wish could not be realized because there was a prince from Arabia who refused to sell his Twitter shares to Elon. At least from this problem Elon learned some important lessons, namely not everything can be bought with money and something big (crypto) cannot be controlled or dictated by one person.

Elon Musk really can do everything and it certainly can not be separated thanks to his wealth that exceeds the limit,
I don't know what is being planned regarding wanting to buy Twitter,
Let's just follow the news and see what happens next

That's the power of money.
Elon is the prime example for obsession of money. He won't stop working, he won't stop producing, and he won't stop beating his own net worth record.
Twitter is one of the biggest social media platform and we all know he has some plans not only for what he stated about unlocking  extraordinary potentials of the platform, but of course for his own personal agenda.
We have to remember he used Twitter as the primary platform to manipulate crypto.

I think it’s fantastic news that Elon Musk made an offer to buy Twitter. Social Media has proved quite dangerous to our democracy, psychological health and social cohesion this past decade. I think some of the root causes are centered around there being far too few social media companies in the market and not enough healthy competition. Furthermore, these companies are all being guided solely by free market capitalism. The incentives are just too great under business obsessed management, concerned only with the bottom line, to take into account the negative consequences of their actions. I think Elon’s plan to take Twitter private is the best way to bring some remnant of ethical consideration to the business without having to deal with stakeholder pressure or answer to government regulators.

There is a problem with that statement.

As per the existing laws, he can purchase any company he wants, as long as the existing owners are OK with it. But what is happening now is a sham. The Twitter executive board holds around 0.12% of the total shares (apart from Dorsey, who holds slightly more). Now the situation is like this - Elon wants to purchase Twitter. The Twitter owners are OK with this idea. But a few people (who are not the owners) don't want this to happen. I would like to see how the courts take a decision on this matter. At first sight, it looks like a clear violation of existing laws from the board members.

Apparently the board hasn't met on this.  Elon secured $45+bil from himself and Morgan Stanly to buy out the rest of the shares at around a $41bil value.  I haven't read too far in but appamtly they set in a poison pill so elon can't hostile take it over.  He can still keep buying chunks of shares from the public but don't know how much of a dent he could do that way.  Interesting to watch this all play out.  Dude is out of his mind lol.