Well it looks like our billionaire influencer, Elon is backing out of the deal with Twitter. On Friday, he announced his bid to back out ad he claimed Twitter was not being upfront about the amount of fake and spam accounts on the platform. This change of heart will see him settling the social network around a billion dollars as against the $44bn that was put on it.
But where I'm finding it hard to wrap my head on is why he waited this long to discover this miscrepancies. Is there something he's not telling us? Has found a way to settle Jack Sweeney or are his reasons genuinely founded?.
Topic: Is Elon musk's buying of Twitter fueled by Jack Sweeney?? (Read 346 times)
This is certainly a joke. I am not surprised that this is one of the means of propaganda that Elon Musk is excellent at. Do you think that Elon fears for his privacy? of course no? But he definitely liked the story and wanted to use it to get more excitement on Twitter. Elon is manipulating everyone and I don't think anyone is able to manipulate this man, not because he is the smartest man on earth but simply because he is the richest man!! As long as you have the money, you can do anything, even the things that seem to be against you will turn out to be in your favour.
You are right with the wealth that Elon Musk has, he can do whatever he wants, I doubt that the reason Elon Musk bought Twitter was because
he was scared by 19 year olds. Elon Musk must have big plans why he decided to buy Twitter at such a high price. Moreover, Elon Musk is indeed
a visionary who has a certain strategy to do something big in the future. So normal people like us, it would be hard to understand the real reason
why Elon Musk bought Twitter, I believe Elon Musk wants to enlarge his business empire through Twitter. Moreover, Twitter is one of the platforms
often used by Elon Musk, so it's only natural that Elon Musk wants to have Twitter, so he can freely do whatever he wants through Twitter.
So of course it's a big joke if links Elon Musk's Twitter purchases to Jack Sweeney.
Elon Musk terminates deal with Twitter: https://apnews.com/article/elon-musk-twitter-inc-technology-4193a27d86458952542dfa2176150a01
He cites a lack of information/transparency on bot accounts as his reason. Sure, I suppose people might buy that excuse.
I'm wondering if the economic downturn had anything to do with his decision not to sink over 40 billion dollars into a miserable social media enterprise filled with college aged children complaining about how they were oppressed because they were misgendered at the coffee shop. He's claimed that he's losing billions of dollars on his car factories due to supply chain shortages, and he's cut staff at Tesla citing economic concerns. It would be a horrible move to overpay for twitter at his buying price, especially with recession on the horizon.
I've seen this news and wasn't surprised. He cites a lack of information/transparency on bot accounts as his reason. Sure, I suppose people might buy that excuse.
I'm wondering if the economic downturn had anything to do with his decision not to sink over 40 billion dollars into a miserable social media enterprise filled with college aged children complaining about how they were oppressed because they were misgendered at the coffee shop. He's claimed that he's losing billions of dollars on his car factories due to supply chain shortages, and he's cut staff at Tesla citing economic concerns. It would be a horrible move to overpay for twitter at his buying price, especially with recession on the horizon.
I guess those people that have an opinion about it that he's really going to buy it were correct after all.
He has set some conditions and there goes the news that Twitter wasn't responding(?) for the deal.
It seems like a buzz only and also, probable that the crisis really has something to do on this deal that they've got. Better to allocate that fund somewhere else that will make his companies and products better.
The conditions were nonsense from the start. Of course Twitter has some problem with bot accounts, every social media platform does. He's afraid that he overpaid at 54 USD a share when the reality is twitter is probably worth half of that. They aren't very profitable for a social media giant so he isn't going to get any major ROI.
Elon let his ego get in the way. Shocking for a billionaire, I know.
This is certainly a joke. I am not surprised that this is one of the means of propaganda that Elon Musk is excellent at. Do you think that Elon fears for his privacy? of course no? But he definitely liked the story and wanted to use it to get more excitement on Twitter. Elon is manipulating everyone and I don't think anyone is able to manipulate this man, not because he is the smartest man on earth but simply because he is the richest man!! As long as you have the money, you can do anything, even the things that seem to be against you will turn out to be in your favour.
After the agreement was terminated, Twitter's stock market shares lost 8% of its value. This is really bad news for investors who invest in Twitter stocks...
I think I know Elon Musk better with Dogecoin... He may be a very enjoyable and funny person in real life, but he is a ruthless wolf in financial markets. I think there is a big manipulation behind the Twitter thing. I have nothing to prove that. All my feelings and experiences make me think like this.
Regardless of right or wrong, but indeed in this case he can really do anything with the finances he currently has and it is not impossible to manipulate things like this.I think I know Elon Musk better with Dogecoin... He may be a very enjoyable and funny person in real life, but he is a ruthless wolf in financial markets. I think there is a big manipulation behind the Twitter thing. I have nothing to prove that. All my feelings and experiences make me think like this.
He's now in control of several big projects and it's now clear he's even more powerful after getting Twitter.
Regardless of how he did it this was something that was difficult for anyone else to do and his thinking was actually one step ahead in this regard.
With Elon Musk terminating the agreement to buy Twitter, there's no doubt that Twitter market will plummet as we all know how the richest person move affect any market he goes into.
Unfortunately, the ruthlessness of Elon in the financial market affect too much where he can literally control the market whether it increase or not. He is too scary to be involved in the crypto market as what he did during the dogecoin fiasco.
The market had already factored in that Elon had lost interest in buying Twitter, which was why the price of a Twitter share was considerably below the $50~ price that he was offering far before today's announcement that he was abandoning the attempt to purchase. However the agreement that was laid out did not give him room to abandon the deal at the agreed price, so the board of Twitter are fully within their rights to force him to go through with the deal. There was also a disparagement clause that he broke within the first few days of announcing the deal. He knew that there was a problem with bots before attempting the purchase, in fact cleaning them up was one of the stated aims behind him buying the platform. You say he is ruthless, however it is more like a conniving and rotten type businessman only seeking to extend their influence by dirty methods.Unfortunately, the ruthlessness of Elon in the financial market affect too much where he can literally control the market whether it increase or not. He is too scary to be involved in the crypto market as what he did during the dogecoin fiasco.
Based from the article posted above, it seems like there's a temporary hold on the deal made on May. However, the Chairman of the Board of Twitter will do anything to pursue the agreement made between them and Elon Musk.
Elon Musk is indeed a ruthless type of businessman with his knowledge on the financial market and his ways to manipulate it.
Now that Elon had decided to opt out of his plans acquiring Twitter, what next? I can see that he had made so much research of what could happens if he eventually acquire Twitter looking at the way the Twitter stock seems to be declining since he announced his plans of going for it. Now I think everything will come to normal and we'll going to rest and be rest assured that he will not use the opportunity of getting Twitter to advertise his love for his favorite crypto project.
After the agreement was terminated, Twitter's stock market shares lost 8% of its value. This is really bad news for investors who invest in Twitter stocks...
I think I know Elon Musk better with Dogecoin... He may be a very enjoyable and funny person in real life, but he is a ruthless wolf in financial markets. I think there is a big manipulation behind the Twitter thing. I have nothing to prove that. All my feelings and experiences make me think like this.
With Elon Musk terminating the agreement to buy Twitter, there's no doubt that Twitter market will plummet as we all know how the richest person move affect any market he goes into.I think I know Elon Musk better with Dogecoin... He may be a very enjoyable and funny person in real life, but he is a ruthless wolf in financial markets. I think there is a big manipulation behind the Twitter thing. I have nothing to prove that. All my feelings and experiences make me think like this.
Unfortunately, the ruthlessness of Elon in the financial market affect too much where he can literally control the market whether it increase or not. He is too scary to be involved in the crypto market as what he did during the dogecoin fiasco.
The market had already factored in that Elon had lost interest in buying Twitter, which was why the price of a Twitter share was considerably below the $50~ price that he was offering far before today's announcement that he was abandoning the attempt to purchase. However the agreement that was laid out did not give him room to abandon the deal at the agreed price, so the board of Twitter are fully within their rights to force him to go through with the deal. There was also a disparagement clause that he broke within the first few days of announcing the deal. He knew that there was a problem with bots before attempting the purchase, in fact cleaning them up was one of the stated aims behind him buying the platform. You say he is ruthless, however it is more like a conniving and rotten type businessman only seeking to extend their influence by dirty methods.
After the agreement was terminated, Twitter's stock market shares lost 8% of its value. This is really bad news for investors who invest in Twitter stocks...
I think I know Elon Musk better with Dogecoin... He may be a very enjoyable and funny person in real life, but he is a ruthless wolf in financial markets. I think there is a big manipulation behind the Twitter thing. I have nothing to prove that. All my feelings and experiences make me think like this.
With Elon Musk terminating the agreement to buy Twitter, there's no doubt that Twitter market will plummet as we all know how the richest person move affect any market he goes into.I think I know Elon Musk better with Dogecoin... He may be a very enjoyable and funny person in real life, but he is a ruthless wolf in financial markets. I think there is a big manipulation behind the Twitter thing. I have nothing to prove that. All my feelings and experiences make me think like this.
Unfortunately, the ruthlessness of Elon in the financial market affect too much where he can literally control the market whether it increase or not. He is too scary to be involved in the crypto market as what he did during the dogecoin fiasco.
Elon was the one of the big shot with huge money as their balance.If he want to buy the twitter,it’s very easy one for them.When the talk of twitter going to owned by the Elon musk is real.Then it very simple for them.The purpose of buying the twitter will be very simple one.He need to had some upper end on the most of the social media which includes the Twitter.
So has Elon Musk bought Twitter now? because what I read in the local media today is very different from the facts.Elon Musk ended his deal to buy Twitter for $44 billion. Musk's lawyers claim Twitter has not fulfilled its contractual obligations.
Meanwhile, Twitter's Chairman of the Board of Directors, Bret Taylor, said the company is still committed to locking the deal according to the original plan and will not hesitate to take legal steps to enforce the agreement.
"We believe we will win on the Delaware Court of Chancery," Taylor wrote in a tweet. Source: cnbcindonesia.com
Elon was the one of the big shot with huge money as their balance.If he want to buy the twitter,it’s very easy one for them.When the talk of twitter going to owned by the Elon musk is real.Then it very simple for them.The purpose of buying the twitter will be very simple one.He need to had some upper end on the most of the social media which includes the Twitter.
Yes, that might be the real reason on why Elon buys twitter and that is to gain more dominance and it wasn't because of that young boy who is spying his jet. If Elon wants to, he already sue jack long time ago for doing this inappropriate act because I think spying or stalking someone else is a kind of crime that is against the law but I salute Elon there for being a good man despite of what happened because he didn't do anything bad to the kid but he also offers a good amount of cash for the kid to stop what he was doing.Unfortunately the kid responded and he calls a much higher amount but Elon think it was insane already so he blocked the kid.
Dude is richest man around the globe if he wanted to clear the boys doubts he would have done it other ways. This is too much exaggerated news with pointless assumptions for the same. Plus its claiming that he has info on various billionaires and that makes me laugh if all of those billionaires altogether could not figure out how to make deal with that 19 y boy then who does?
In addition to this any sort of info that boy has could not hamper a little to billionaires as they run the half government. lolz.
In addition to this any sort of info that boy has could not hamper a little to billionaires as they run the half government. lolz.
How many years will Elon Musk be suing Twitter shareholders?
I think he'll be in the news for a couple more years.
https://decrypt.co/104760/elon-musk-cancels-twitter-purchase-agreement-reports
Elon Musk Cancels Twitter Purchase Agreement
After weeks of waffling, the Tesla and SpaceX CEO is attempting to break his agreement to buy the social media platform.
I think he'll be in the news for a couple more years.
https://decrypt.co/104760/elon-musk-cancels-twitter-purchase-agreement-reports
Elon Musk Cancels Twitter Purchase Agreement
After weeks of waffling, the Tesla and SpaceX CEO is attempting to break his agreement to buy the social media platform.
After the agreement was terminated, Twitter's stock market shares lost 8% of its value. This is really bad news for investors who invest in Twitter stocks...
I think I know Elon Musk better with Dogecoin... He may be a very enjoyable and funny person in real life, but he is a ruthless wolf in financial markets. I think there is a big manipulation behind the Twitter thing. I have nothing to prove that. All my feelings and experiences make me think like this.
I think I know Elon Musk better with Dogecoin... He may be a very enjoyable and funny person in real life, but he is a ruthless wolf in financial markets. I think there is a big manipulation behind the Twitter thing. I have nothing to prove that. All my feelings and experiences make me think like this.
Elon Musk terminates deal with Twitter: https://apnews.com/article/elon-musk-twitter-inc-technology-4193a27d86458952542dfa2176150a01
He cites a lack of information/transparency on bot accounts as his reason. Sure, I suppose people might buy that excuse.
I'm wondering if the economic downturn had anything to do with his decision not to sink over 40 billion dollars into a miserable social media enterprise filled with college aged children complaining about how they were oppressed because they were misgendered at the coffee shop. He's claimed that he's losing billions of dollars on his car factories due to supply chain shortages, and he's cut staff at Tesla citing economic concerns. It would be a horrible move to overpay for twitter at his buying price, especially with recession on the horizon.
I've seen this news and wasn't surprised. He cites a lack of information/transparency on bot accounts as his reason. Sure, I suppose people might buy that excuse.
I'm wondering if the economic downturn had anything to do with his decision not to sink over 40 billion dollars into a miserable social media enterprise filled with college aged children complaining about how they were oppressed because they were misgendered at the coffee shop. He's claimed that he's losing billions of dollars on his car factories due to supply chain shortages, and he's cut staff at Tesla citing economic concerns. It would be a horrible move to overpay for twitter at his buying price, especially with recession on the horizon.
I guess those people that have an opinion about it that he's really going to buy it were correct after all.
He has set some conditions and there goes the news that Twitter wasn't responding(?) for the deal.
It seems like a buzz only and also, probable that the crisis really has something to do on this deal that they've got. Better to allocate that fund somewhere else that will make his companies and products better.
What he really wanted to do was renegotiate the deal but he isn't much of a negotiator and much more so a demander and went about it without proper dialog, which ultimately became his undoing. He got what he wanted until he didn't want it anymore, consequence of rush, ego, and not doing one's homework. Hopefully he'll focus on Tesla- improving the products and expanding the product lines, if he wishes to remain at the top.
Well, it's already closed and done and there will be no more deals between the two. The $42B deal was over and if there will be another offer from whom, how much would be the valuation of it?
Elon Musk terminates deal with Twitter: https://apnews.com/article/elon-musk-twitter-inc-technology-4193a27d86458952542dfa2176150a01
He cites a lack of information/transparency on bot accounts as his reason. Sure, I suppose people might buy that excuse.
I'm wondering if the economic downturn had anything to do with his decision not to sink over 40 billion dollars into a miserable social media enterprise filled with college aged children complaining about how they were oppressed because they were misgendered at the coffee shop. He's claimed that he's losing billions of dollars on his car factories due to supply chain shortages, and he's cut staff at Tesla citing economic concerns. It would be a horrible move to overpay for twitter at his buying price, especially with recession on the horizon.
I've seen this news and wasn't surprised. He cites a lack of information/transparency on bot accounts as his reason. Sure, I suppose people might buy that excuse.
I'm wondering if the economic downturn had anything to do with his decision not to sink over 40 billion dollars into a miserable social media enterprise filled with college aged children complaining about how they were oppressed because they were misgendered at the coffee shop. He's claimed that he's losing billions of dollars on his car factories due to supply chain shortages, and he's cut staff at Tesla citing economic concerns. It would be a horrible move to overpay for twitter at his buying price, especially with recession on the horizon.
I guess those people that have an opinion about it that he's really going to buy it were correct after all.
He has set some conditions and there goes the news that Twitter wasn't responding(?) for the deal.
It seems like a buzz only and also, probable that the crisis really has something to do on this deal that they've got. Better to allocate that fund somewhere else that will make his companies and products better.
What he really wanted to do was renegotiate the deal but he isn't much of a negotiator and much more so a demander and went about it without proper dialog, which ultimately became his undoing. He got what he wanted until he didn't want it anymore, consequence of rush, ego, and not doing one's homework. Hopefully he'll focus on Tesla- improving the products and expanding the product lines, if he wishes to remain at the top.
Elon was the one of the big shot with huge money as their balance.If he want to buy the twitter,it’s very easy one for them.When the talk of twitter going to owned by the Elon musk is real.Then it very simple for them.The purpose of buying the twitter will be very simple one.He need to had some upper end on the most of the social media which includes the Twitter.Twitter had huge influence to many of the crypto projects.
Elon Musk terminates deal with Twitter: https://apnews.com/article/elon-musk-twitter-inc-technology-4193a27d86458952542dfa2176150a01
He cites a lack of information/transparency on bot accounts as his reason. Sure, I suppose people might buy that excuse.
I'm wondering if the economic downturn had anything to do with his decision not to sink over 40 billion dollars into a miserable social media enterprise filled with college aged children complaining about how they were oppressed because they were misgendered at the coffee shop. He's claimed that he's losing billions of dollars on his car factories due to supply chain shortages, and he's cut staff at Tesla citing economic concerns. It would be a horrible move to overpay for twitter at his buying price, especially with recession on the horizon.
I've seen this news and wasn't surprised. He cites a lack of information/transparency on bot accounts as his reason. Sure, I suppose people might buy that excuse.
I'm wondering if the economic downturn had anything to do with his decision not to sink over 40 billion dollars into a miserable social media enterprise filled with college aged children complaining about how they were oppressed because they were misgendered at the coffee shop. He's claimed that he's losing billions of dollars on his car factories due to supply chain shortages, and he's cut staff at Tesla citing economic concerns. It would be a horrible move to overpay for twitter at his buying price, especially with recession on the horizon.
I guess those people that have an opinion about it that he's really going to buy it were correct after all.
He has set some conditions and there goes the news that Twitter wasn't responding(?) for the deal.
It seems like a buzz only and also, probable that the crisis really has something to do on this deal that they've got. Better to allocate that fund somewhere else that will make his companies and products better.
Elon Musk terminates deal with Twitter: https://apnews.com/article/elon-musk-twitter-inc-technology-4193a27d86458952542dfa2176150a01
He cites a lack of information/transparency on bot accounts as his reason. Sure, I suppose people might buy that excuse.
I'm wondering if the economic downturn had anything to do with his decision not to sink over 40 billion dollars into a miserable social media enterprise filled with college aged children complaining about how they were oppressed because they were misgendered at the coffee shop. He's claimed that he's losing billions of dollars on his car factories due to supply chain shortages, and he's cut staff at Tesla citing economic concerns. It would be a horrible move to overpay for twitter at his buying price, especially with recession on the horizon.
Losses in business venture is inevitable and here's the perfect example i guess.It turns out that buying of Twitter didnt really end up on what he had anticipate or expected.He cites a lack of information/transparency on bot accounts as his reason. Sure, I suppose people might buy that excuse.
I'm wondering if the economic downturn had anything to do with his decision not to sink over 40 billion dollars into a miserable social media enterprise filled with college aged children complaining about how they were oppressed because they were misgendered at the coffee shop. He's claimed that he's losing billions of dollars on his car factories due to supply chain shortages, and he's cut staff at Tesla citing economic concerns. It would be a horrible move to overpay for twitter at his buying price, especially with recession on the horizon.
Selling it again on a lower price or at loss? I wont be surprised but he hadnt made out any conclusions in regards but he had already given his reason which do clearly
sums up everything.I do agree that people will surely buy that excuse.
Elon Musk terminates deal with Twitter: https://apnews.com/article/elon-musk-twitter-inc-technology-4193a27d86458952542dfa2176150a01
He cites a lack of information/transparency on bot accounts as his reason. Sure, I suppose people might buy that excuse.
I'm wondering if the economic downturn had anything to do with his decision not to sink over 40 billion dollars into a miserable social media enterprise filled with college aged children complaining about how they were oppressed because they were misgendered at the coffee shop. He's claimed that he's losing billions of dollars on his car factories due to supply chain shortages, and he's cut staff at Tesla citing economic concerns. It would be a horrible move to overpay for twitter at his buying price, especially with recession on the horizon.
He cites a lack of information/transparency on bot accounts as his reason. Sure, I suppose people might buy that excuse.
I'm wondering if the economic downturn had anything to do with his decision not to sink over 40 billion dollars into a miserable social media enterprise filled with college aged children complaining about how they were oppressed because they were misgendered at the coffee shop. He's claimed that he's losing billions of dollars on his car factories due to supply chain shortages, and he's cut staff at Tesla citing economic concerns. It would be a horrible move to overpay for twitter at his buying price, especially with recession on the horizon.
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