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Topic: Is the fall of Elon Musk's empire imminent? - page 3. (Read 734 times)

full member
Activity: 282
Merit: 107
So you really think that Musk could not go bankrupt just due to the virtue of being rich by owning assets? See, the thing with Twitter is that while it may still be functional, it has lost a lot of its revenue and therefore the stocks musk posts as collateral are also in danger of being margin called. It's natural for stock prices to fluctuate anyway, but the issue with teitter is that it might be losing too much value...

Honestly, anyone could go bankrupt. We have seen this numerous times. Musk could very well become a textbook example too.

Of course he can go bankrupt as well but it’s highly unlikely. If such a scenario happens which is unlikely, the government would probably bail him out and keep him afloat. He has a lot of people under his employ working in his different companies and the government can’t afford to let the large number of people working for him go to the unemployment line. It could also tell negatively on the economy.

I personally could care less about how he handles and what he does with his app. Despite losing revenue due to whatever reasons, the app is still kicking and is now paying content creators. The loss of revenue probably hit the app hard but it’s not yet down.  
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Before buying X, Elon Musk had the intention of making enormous profits from the purchase. What we see him doing(charging everyone for the use of it) is a method for him to recoup and settle the loan he took out to buy Twitter.

As it stands, I don't think Elon Musk cares that people are quitting X due to the payment charges. What he genuinely believes is that there will always be people willing to pay to advertise their businesses or crypto projects on X no matter what because X continues to be the best and most effective social media platform for doing so.

Then he may have to eventually reconsider this view, as advertisers go where people go, and if people start leaving X for whatever reason then advertisers are going to do the same and move to other platforms, besides I really think he is just not considering the psychology of people at all, once something is free it is very difficult for people to accept to pay full price for that product, and X has been free for so long I do not think there are many people out there that are willing to pay for such service, especially since they can just create a new account with whatever competitors X may have.
sr. member
Activity: 924
Merit: 365
Before buying X, Elon Musk had the intention of making enormous profits from the purchase. What we see him doing(charging everyone for the use of it) is a method for him to recoup and settle the loan he took out to buy Twitter.

As it stands, I don't think Elon Musk cares that people are quitting X due to the payment charges. What he genuinely believes is that there will always be people willing to pay to advertise their businesses or crypto projects on X no matter what because X continues to be the best and most effective social media platform for doing so.
legendary
Activity: 2688
Merit: 1192
There's a lot of talk that Elon Musk taking on huge loans to buy Twitter could backfire massively on him as Twitter keeps losing value. Essentially what Elon Musk did was to use up most of his assets in terms of stock like Tesla and SpaceX to try and secure assets for his twitter loan. He's now so tied up in this Twitter debt, that if something goes wrong it could trigger a domino of effects. 

So he essentially already pledged tons of money to secure loans to buy Twitter, but his executive decisions lead to massive drops in value. Late last year he posted a lot of Tesla shares to avoid a margin call from banks that had loaned him to buy Twitter but this could potentially mean that if Tesla shares fall in price also, Musk could be losing his empire... Eventually, and potentially if things go wrong, losing his position as CEO in both Twitter as well as Tesla.

What are your thoughts on this? Is Musk about to lose it all?

It seems like you're a few months behind the news quite frankly. While I cannot say if Elon could go bust tomorrow, as only a few people could possibly have the insider knowledge to predict that, he has definitely made some very foolish and overpriced missteps when it came to the purchase of twitter. He let his mouth (or hands in this case) do the talking and walked himself into a trap he was unable to escape. He made an offer, probably just in a jokey or unserious way, that vastly overpriced Twitter, without understanding the laws regarding a buyout offer are very clear within the state that this company was registered. A judge would ultimately have been able to force him to purchase at the price he stated, although he did try every trick in the book to weasel out of it including blaming bot activity which was always present. I imagine it was quite a shock to spend $44 billion and it might teach him to be more careful with his words in future.
legendary
Activity: 2660
Merit: 1074
I have been seeing this question on the Internet for a very long time. People are playing a lottery called “the time of Elon Musk’s fall.” Take a look through the news feeds of the last five years, and every time he is predicted to collapse, However, he is not a stupid person, and I am sure that he knows perfectly well what to do and when to do it, and all the intrigues and gossip going on the Internet are only beneficial for his PR.
It would have been better if they will use those predicting abilities on to something they can benefit with like playing the lottery, just in case they get lucky and hit it correctly, and not onto something like this. But I know that it's also normal for a person to wish for someone else that are at the top to collapse.

There is some different kind of pleasure they get here especially if what they are wishing happens for real. Maybe Elon Musk is also aware of those speculations about him and he actually use those as a challenge or some kind of a motivation to improve himself more and his business. That way those speculators will only get pissed off.
sr. member
Activity: 434
Merit: 272
I don’t think so, he’s one of the smartest guys in the world. Everything he does is meticulously planned, I don’t think he is remotely close to seeing his house of cards tumble down. Don’t forget TESLA is propped up by government subsidies. Twitter (X) will turn into a profitable business I’m sure.

I think so too, he is an intelligent person, it is impossible for him to make decisions without thinking about what will happen. Surely every decision he takes has been well thought out. For me, he may not think about money, but Elon has his own reasons for all the decisions he takes so he decides everything for new things for the future.

In my opinion, people who are already very rich prefer to have power over a platform, because the higher their power, the easier it is for them to have money. He was always considered crazy for his ideas, he definitely had a hidden purpose there.
legendary
Activity: 3052
Merit: 1188
People do really love on being conclusive on which they would really be making out generalization and assume out that if they fail one of their business then it would really be failing all. They arent the ones who are in his shoes on making out those kind of claims that he would really be losing it all. Just like been said that its impossible that he wont really be having some back up plans if ever there's one that would be fail.
Debt is common and even billionaires does have it and we know that having debt doesnt mean that you are already that in verge of bankruptcy. Only true investors or business minded person does really know on whats the advantage that you could really be able to get on having debts.(Long explanation).

If he ever have those debt problems then just let him be on resolving that.There's no point on trying out to elaborate about with those obvious problems. He bought twitter then its just right that he would really be
applying on the changes that he does have in mind whether it would really be that making some bad effects on the company or not. He do knows the risks and he wont be called
or achieved on being billionaire for nothing. He do knows on taking decisions and what are the risks behind it.
That's the thing, if you liked twitter before he bought it and then dislike it after he bought it then you have the right to not like what he did. That is your freedom of speech, you have the right to say "before Elon musk twitter was a better place", we are not here trying to prevent him, we do not have any legal power to stop him from having any company he wants, if he buys a company then he can buy it, but the reality is that we could always give our feedback and say that we didn't like it, that's within our rights.

And that is what people are speculating about, he sucks at owning twitter, he did terrible changes and he claims ADF is the reason why it's not doing well, when in fact the changes he made is the real reason why it's doing badly.
sr. member
Activity: 1008
Merit: 366

He's a billionaire. Twitter was just less than a billion and he is a BTC investor who is also fighting against the SEC, we're not seeing him fall. If anyone sees the first his Tesla price is falling, it's him. and He may have done something already before that happened. Since he is a BTC investor as well, he could be taken advantage of all these too.

But he folds by the way when the EU threatened his Twitter to be blocked in the region. Not so much of a rebel that he wants to portray.
Speaking of billionaire, he's only a billionaire in papers while he has no liquid cash that adds up to billions of dollars that he is worth. Net worth is something and liquid cash is something else. He owns shares not actual money. And if he wants to sell all of his shares (theoretically speaking) then the share price will fall and looking at that other people that owns that share could also sell as a trend or in panic. And that's the reality.

Now if we talk about Bitcoin investment. Elon Musk is not only a Bitcoin investor but also a Bitcoin influencer. Many people follow the path he takes. So if he decides to sell his share of Bitcoin then there will be people who follows him, who would do the same following his path. And as it is go with shares it's the same thing with Bitcoin. I know Elon only selling his share of Bitcoin won't affect the market much but those who follows him, if they decide to sell their share too then that could lead to a very difficult market condition.

So the problem is real but I don't think Elon Musk would only depend on those things. I'm sure he'll try to find another way to solve this problem. He's a man of many talents and a genius. And even if his empire falls then he will create a new one. It is not hard for a people like him. I am not Elon enthusiast but I think he is capable of doing such thing.
legendary
Activity: 3094
Merit: 1127
It's very rare for a super billionaire like Musk to fall, of course he already had thorough financial planning before he made the acquisition of Twitter and many of his other extraordinary decisions. You know that it wasn't easy for him to get to the point he is now, he has thought of 1001 ways that we never thought of to maintain his position, and that was done not only by him, but also his financial advisors and the banks behind him. All these factors make him as strong as he is now and that is what means he won't fall, at least in the next few years, or not (?).

In business, it's normal to fail a few times with a few projects, so even if he failed with Twitter, that doesn't mean the rest of Elon's companies or his empire will collapse. The social network Twitter is facing many difficulties and we cannot deny that, but for it to collapse there is still a long way to go and we should not rush to any conclusions.

Losing business for several years is very normal for large businesses, so I see that sometimes many people are pessimistic or laugh at the difficulties that Twitter is facing, as if they have never done business before or do not have business knowledge.
People do really love on being conclusive on which they would really be making out generalization and assume out that if they fail one of their business then it would really be failing all. They arent the ones who are in his shoes on making out those kind of claims that he would really be losing it all. Just like been said that its impossible that he wont really be having some back up plans if ever there's one that would be fail.
Debt is common and even billionaires does have it and we know that having debt doesnt mean that you are already that in verge of bankruptcy. Only true investors or business minded person does really know on whats the advantage that you could really be able to get on having debts.(Long explanation).

If he ever have those debt problems then just let him be on resolving that.There's no point on trying out to elaborate about with those obvious problems. He bought twitter then its just right that he would really be
applying on the changes that he does have in mind whether it would really be that making some bad effects on the company or not. He do knows the risks and he wont be called
or achieved on being billionaire for nothing. He do knows on taking decisions and what are the risks behind it.
sr. member
Activity: 812
Merit: 315
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I don't have a lot to say about Elon but I have seen others saying and predicting that Elon will be no rich man very soon, my question is why is everyone predicting the downfall of this man? If it's going to happen let it happen first then we will talk, I don't like having such conversation because this is just a man like myself, who is also very successful and majority of people don't like it, I feel this is the reason.

Some people are very happy discssuinv the downfall of Twitter but I don't know how they have the mind to keep doing this, I can't even afford Elon wrist watch, I want to be successful as him some day, he is an icon and I will never wish him bad, it's crazy how people have turned to be like this.

I believe that Elon is more smarter than all his haters, you will be surprised again just like how you guys are surprised that he still keeps Twitter plans going, when he planned to change to X many start saying it's over for Elon musk, you have no idea how someone who can built something like Tesla is capable of, they always come with surprises, when you all least expected, fingers crossed.
full member
Activity: 1540
Merit: 219
I don’t think so, he’s one of the smartest guys in the world. Everything he does is meticulously planned, I don’t think he is remotely close to seeing his house of cards tumble down. Don’t forget TESLA is propped up by government subsidies. Twitter (X) will turn into a profitable business I’m sure.
So the guy behind the scenes that we're actually doing the hardwork are just nothing then? Did Elon really written the codes for the OpenAI? I can't really disagree that he's not smart, you can't really create companies that do different works if you're not smart but I would say that he's more of a visionary more than anything. I gotta ask though, how is X going to be profitable though? You didn't offer any insight on how that can be so I'm curious how.
legendary
Activity: 2044
Merit: 1075
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Thinking that he will fail and lose his empire is actually stretching it too much. I know that it seems that he made a bad decision by buying Twitter, but we don't really know what he has actually planned for it, we have just seen the rebranding and whatever they are trying to do with the live streaming feature and a bunch of other things, but I'm pretty sure that he has some card to play in this as well because he is not just an ordinary person with an ordinary mindset, he thinks way ahead of what others might be thinking.

So, I don't really think that he is going to lose his empire or lose it all. Even if Twitter, which he turned into X, doesn't work the way he might have thought of it, I'm pretty sure that he will come up with something else to actually stay on top and not lose and just give up, he is billionaire businessman, he didn't reach there just like that.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Even if a space psycho loses it all, it does not mean anything good for you. They are just going to build something else and continue their share of profit by shilling their new product and attach a decent "crypto" tag with that in order to pump another currency. And while this same cycle which we already experienced "recycles", some brain-dead people will buy into them hoping for some quick cash.

You can see tech giant owners move from one to another, you can never keep track of them all, hence dont bother, unless of course you got shares in Telsa and Twitter, in which case you might be in a soup.
legendary
Activity: 1974
Merit: 1108
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It's very rare for a super billionaire like Musk to fall, of course he already had thorough financial planning before he made the acquisition of Twitter and many of his other extraordinary decisions. You know that it wasn't easy for him to get to the point he is now, he has thought of 1001 ways that we never thought of to maintain his position, and that was done not only by him, but also his financial advisors and the banks behind him. All these factors make him as strong as he is now and that is what means he won't fall, at least in the next few years, or not (?).

In business, it's normal to fail a few times with a few projects, so even if he failed with Twitter, that doesn't mean the rest of Elon's companies or his empire will collapse. The social network Twitter is facing many difficulties and we cannot deny that, but for it to collapse there is still a long way to go and we should not rush to any conclusions.

Losing business for several years is very normal for large businesses, so I see that sometimes many people are pessimistic or laugh at the difficulties that Twitter is facing, as if they have never done business before or do not have business knowledge.
sr. member
Activity: 1106
Merit: 391
It's very rare for a super billionaire like Musk to fall, of course he already had thorough financial planning before he made the acquisition of Twitter and many of his other extraordinary decisions. You know that it wasn't easy for him to get to the point he is now, he has thought of 1001 ways that we never thought of to maintain his position, and that was done not only by him, but also his financial advisors and the banks behind him. All these factors make him as strong as he is now and that is what means he won't fall, at least in the next few years, or not (?).
hero member
Activity: 2226
Merit: 610
I don't really follow him that although given the headlines associated with him portraying him as a chaotic personality and crazy person and his businesses not doing well, I would simply say that he's empire is falling apart but I don't think someone like him will easily fall from grace, what if those headlines were not really a big deal and the media was just blowing it out of proportions which is the likely thing that they're going to do since they want to sell more news instead of telling the truth (which is the norm of mainstream media nowadays). One thing that we should ask ourselves is can we put our shoes in Elon's shoes that we can accurately judge that his businesses are failing or are we just hating on him for his antics?
Of course if what is in the news is a fabrication of the media owner and just to make a news story, I think it is detrimental to Elon Musk, because after all the mainstream media is the concern of many investors and if it is a fabrication that is exaggerated by the news writer then it is likely to have a bad impact on the company held by Elon Musk at this time because it will give a sense of panic and fear to its shareholders.

I don't know what the real situation is, but in my opinion, Elon Musk's current situation is not good, apart from the fact that his business activities have subsided, there are also many bad global economic demands, such as inflation and interest rates which are still high today, of course, companies that borrow money from banks will be very difficult due to this policy, while on the other hand the value of the company is decreasing.
hero member
Activity: 1666
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There's a lot of talk that Elon Musk taking on huge loans to buy Twitter could backfire massively on him as Twitter keeps losing value. Essentially what Elon Musk did was to use up most of his assets in terms of stock like Tesla and SpaceX to try and secure assets for his twitter loan. He's now so tied up in this Twitter debt, that if something goes wrong it could trigger a domino of effects. 

So he essentially already pledged tons of money to secure loans to buy Twitter, but his executive decisions lead to massive drops in value. Late last year he posted a lot of Tesla shares to avoid a margin call from banks that had loaned him to buy Twitter but this could potentially mean that if Tesla shares fall in price also, Musk could be losing his empire... Eventually, and potentially if things go wrong, losing his position as CEO in both Twitter as well as Tesla.

What are your thoughts on this? Is Musk about to lose it all?

It shouldn't be forgotten that he is among the top 5 in the list of the richest people in the world and constantly rises to the first place. Of course, he may sell stocks or similar assets and lose money due to his loan but I think it will be unlikely for his empire to collapse due to his current wealth. Moreover, although Twitter isn't a small business he can find a new partner for Twitter or sell it at a loss if it doesn't want companies such as SpaceX and Tesla to be negatively affected by this situation. In addition, it is necessary to take into account the possibility that such a person can work with the best financiers in case he cannot manage such a process himself and can continue on his way with good planning or can restructure his loan debt due to his financial power and assets. So, I think that even in the worst possible scenario he will only lose power and partially assets but he will not completely lose his empire. Of course, it is very difficult to predict the future and to be able to clearly predict what may happen but I don't think that such a person will be in a very difficult situation or completely lose his power. As I mentioned in the worst possible scenario, some power and material loss may occur but he will not lose his empire completely easily.
sr. member
Activity: 1666
Merit: 426
I don't really follow him that although given the headlines associated with him portraying him as a chaotic personality and crazy person and his businesses not doing well, I would simply say that he's empire is falling apart but I don't think someone like him will easily fall from grace, what if those headlines were not really a big deal and the media was just blowing it out of proportions which is the likely thing that they're going to do since they want to sell more news instead of telling the truth (which is the norm of mainstream media nowadays). One thing that we should ask ourselves is can we put our shoes in Elon's shoes that we can accurately judge that his businesses are failing or are we just hating on him for his antics?
sr. member
Activity: 1680
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Why do you think western governments would be against implanting chips in the cortex of people?
There will be some moral issues with doing so, of course, but western governments and governments in general usually are very into technological research and advance which could remotely give them and advantage against their foes in the international context.
I have no doubt that the first models of those chips will encounter some problems and faults, but as it gets refined, this technology is pretty much of the interest of USA and EU. Hell, I would not be surprised if eventually Elon started to received money from those administrations to further accelerate and enhance the creation of better brain chips, which would be tested to increase the human capabilities of soldiers or intelligence agents.

Also, China would love to have their citizens to use those chips for their own authoritarian purposes.

Real life doesn't exactly play out like a science fiction movie. An investigation by WIRED details horrific conditions endured by monkeys used in the testing of Neuralink brain implants. Some of the complications they suffered were bloody diarrhea, partial paralysis, and fungal infections just to name a few.
https://www.wired.com/story/elon-musk-pcrm-neuralink-monkey-deaths/
https://www.wired.com/story/neuralink-uc-davis-monkey-photos-videos-secret/
It's going to be real hard to win a war when your soldiers are shitting blood. I'm just very skeptical that they can work out these problems before they get litigated, regulated or sanctioned into oblivion.
hero member
Activity: 2632
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I am not a fan of his X but I am a fan of his Tesla. I'll still give him time to fix whatever crazy things he did for his X. LOL, who am I to wait for that right? But just for someone who just turns out to check in here and for his platform. I'm sure that he won't just accept the fact that he'd accept losses from this $42B investment and deal that he has made in the acquisition of X. His empire IMHO is too huge to fall but not that means that one from them can fall which is being thought by the majority about X.
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