Topic: Is the fall of Elon Musk's empire imminent? - page 4. (Read 737 times)

He has the ability to think outside the box so to speak. So with enough tweaking he may get x or twitter working well. Time will tell most likely by 2025 it will be okay for him.

I think it's okay to say that Elon Musk is at a level where Tesla stock has achieved a maximum satisfaction for it's some of his shareholders, maybe most of them. I remember how back then when Tesla stock becomes the new trend in town and most discussed assets as he quickly become too richest person in the world. The growth looks too pump and now the stock is experiencing a decline or better as economics refers to retracement and correction.

One of the place I think he made a mistake or should I say over confidence is over relying on Tesla stock to grow more just as he was doing back then and using that as a collateral the loan he secured was really at a bad state of health. Despite selling some for cash, it would have been better if it was another asset entirely.

X is now at the stage of new development and that's because he is doing anything to remove bots activity to the bearest minimum, so expect some ups and downs with the growth but for I don't really think X is going to be a problem under his care, he will sort it out as he did when Tesla was facing challenges back in the days.

Musk's business empire was artificially pumped by two major factors:
1.The US government policy of "carbon credits" which increased Tesla's revenue and Tesla's market cap.
2.The money printing by the Federal Reserve during the pandemic, which artificially increased the market cap of many corporations, including Tesla.
I expect Musk's wealth to drop below 100 billion USD in the next few years, but I don't think that he will "lose everything".
Twitter/X will have way less advertising revenue, but on the other hand, many Twitter employees got fired and Musk is trying to implement new ways to increase the revenue. I agree that buying Twitter was a dumb decision, but who cares. Elon Musk can do whatever he wants with his gigantic wealth.

We don’t know how Twitter is doing exactly because it’s not publicly traded. Tesla on the other hand had a weak earnings call. It seems the demand for teslas is going down even with all the price cuts and it’s not looking good.

This is one reason why they want to release a cheap Tesla for like $25K which will be small. It just seems that nobody else wants EVs anymore. Also with Teslas the insurance is usually much higher because they are more cost to get parts for since Tesla doesn’t sell to the public.

Lets look intrinsically, Elon's networth is in hundreds of billions, approximately $225b according to Forbes (https://www.forbes.com/profile/elon-musk/?list=rtb/).
I do not see the possibility of his empire falling. No doubt, the issues with the purchase of twitter and the loans will have a domino effect on the shares of Tesla and SpaceX if it takes a different turn but bringing Elon's empire to a "fall", is not an immediate possibility.

He is good at what he does and knows just how best to get out of any web he finds himself, he didin't get to his current position by mistake and I guess he has gained mastery of the process.

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.

My thoughts are: who cares?  If Musk wanted to buy Twitter even though he knew the entire company was going to be hostile toward him and likely unprofitable, it's his money.  And regardless of how much debt he took on to buy it, I seriously doubt we're going to see him on a street corner shaking a tin can anytime soon.  The dude is mega-wealthy and is still going to be wealthy whatever happens with X.

Plus I hate X/Twitter anyway, so the whole thing can go down in flames for all I care.  Even if Elon Musk went bankrupt, that would have no effect on me and probably most of this community.  What is it I always read here?  Never invest more than you're willing to lose?  Yeah well, it applies to the elite like Musk, too.

billionaire are rich but many of their assets are usually in form of stocks and so on.
I think they will not easily just bankrupt because of debt, someone like elon, definitely think thoroughly in regard of his wealth, when it comes to making decision like buying some big company like twitter, he definitely aren't just spending money without thinking, he also already thought about how to make the money he spends back.
i will even argue that he might be already pre planning all these monetizing of twitter as a platform honestly, since he stated twitter has so much potential but wasted.

Yeah, there's the negative effect on it because for the majority, we don't want to spend even with that small amount because we're already their product. Many don't understand that but for sure that's like one of the reasons why many don't want to pay it.

But those who would like to stay will pay that since it covers a year of membership.

That's possible to happen, friendster didn't managed to cope up with the new and current trend during that time. I even used it when it has been back with games but still, they didn't able to get back into competition.

And if that happens the same with X, it won't be surprising but as of this moment, I just watch the whole thing on where it is going.

According to Forbes, his net worth is currently around $225 billion. The Twitter acquisition cost him $44 billion. I'm aware that the way he financed the acquisition is by loaning to a bank secured by his Tesla shares.

With that in mind, Tesla's share market prices do affect how he manages its financial situation, for both himself and Twitter. We need to also be aware that he owns 21% of Tesla which account for 68% of his wealth. The recent Tesla price falls do significantly affect them, but noting his current position, there is still a lot of room for him to repay his own debt, even if he must sacrifice his Tesla share position. So, I believe the chance of his falls is slim.

Elon Musk is a very rich guy. He can lose a lot and still remain among the richest people in the world. I don't think that taking loans are a huge deal, especially since having debt in the US is considered such a normal thing. But Musk is clearly making some very bad decisions just because he can and because he wants to. Unfortunately, though, it doesn't seem like Twitter is actually losing much of its audience despite essential things being taken away from Twitter by Musk, so for now, I think it'll stay in the game, and so will Musk with his other brands.

Elon is already rich enough to buy all the things he wants and seems like he sees potential with the use the Twitter especially with the different projects and other crypto-related stuff, recently there's news that he is asking for at least $1  for a yearly access to use the twitters feature this only for the new users, still can be additional source of income plus the verified badge price too can be used for sustaining of having a good income with the use of X(twitter) for him, he's an entrepreneur surely there's a possible update and plans he will release sooner or later just to get additional profit to the user.

He wouldn't really be taking the risks if he couldnt really be able to solve out or expecting those possible problems which he might encountered and of course if ever he do take up some loan then its his choice and its impossible that he wont really be having those back up plans. If he is really just that tending to rely with those stocks and assets he does have just to buy twitter then it would really be that a problem but does it mean that it would really be that he didnt make some back up plans if ever this one fails? For sure he does have and its none of our business on whats the current condition of his loans and the businesses does he have.
Why people do really love on trying out to get involved with Musks decisions or on whats happening into his business?

If ever it do falls, then whats next? He is the one would suffer and for sure tons would really be laughing but in overall its none of our business i would say it again.
Empire? he wont really be that become a billionaire if he hadnt been able to experience such problems back in the past or previous decisions he had made.
So dont worry if he had this kind of debt problems but what if things turns out to be positive? For sure he would really be that more richer but in a business
then it would really be a matter of success or failure.

If someone who lives in the US does not care and has such opinion, why would some other people care if his empire will fail or if it will be worth twice as much as it is worth today? Personally, I don't really care what will happen, and the only thing I hold against him is his involvement with Bitcoin and what he did to the market with his actions.

After all, even if his empire collapses, someone else will appear to take his place, that's how it always was and that's how it will be in the future. As far as I'm concerned, he can get into a rocket of his own tomorrow together with all his wives and children and head for Mars, considering that they have stated several times that they want to die there.

I'm not saying Elon is too big to go bankrupt but what I'm saying is that you can't have rich friends and then your business that you struggle to built will collapse in a day. People are around that will be ready to finance and support Elon musk.

Did you also see where the two countries they have started to charge them $1 a year to be able to use X, it is going to be a global thing by the end of the year, that's another stream of generating yearly revenue for people that use X and when the loan is settled, it is going to be profit upon profit with possible increment of this fees as X becomes more valuable.

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.

There were many investors, who invested money in that Twitter purchase. Elon Musk's money were not the only that were involved in that deal. Dont forget that he has bough Twitter not on his last money. Even if that purchases was a failure, he a) still has a lot of money b) he can still resell Twitter. One bad purchase wont sing his empire. Moreover, he is one of the best businessman and influencer, he will find the way out.

Elon Musk surprised everyone by purchasing the Twitter platform. Everyone is talking so much about his purchase of Twitter platform because he bought this social media platform for a huge amount of money which is really amazing. Many have asked the reason behind his purchase of Twitter platform that he has invested so much money in Twitter platform or whether he can withdraw this amount of money from Twitter platform. After purchasing the social media Twitter platform, he has brought many changes in Twitter, added many innovations and changed many rules, but he may not have been able to implement the plan in which he bought Twitter. The money loan he took from the bank to buy Twitter may have to be met from his business company Tesla or Space Sex because he has not yet succeeded in buying Twitter.

No it cannot those loans cannot affect his wealth if you mean that he will going to get bankrupt by doing that just to acquire twitter. Remember that we have this called good loan and he acquire that asset by the help of other peoples money so once he get the profit from twitter which is no X for sure the wealth of Elon will bloat up for more. X is not a small website and can be called as institution so acquiring it is good move mad by him knowing how large its user base and he can take advantage with it to earn a lot of money.

Maybe for now we cannot see some good result for acquiring it since it maybe take some years so he can recover back the money he's spend for buying twitter but once he cover up all this for sure the same with previous owner he can make this site a running cash cow especially that to many companies and famous guys are there willing to pay some fees just to use the service what they can provide to their company. Elon is smart investor and he will not take a risk if he know twitter/X is bad investment for him.

 There could be a possibility to that happening because I read somewhere of him trying to charge unverified accounts $1. Maybe he's desperate to get funds so bad that he's not concerned that users that aren't verified could live the space which will cause a fall in user traffic.
I'd argue that he's a businessman who thinks ahead and will foresee such an incidence and have plans of reviving it if ever such a thing like a fall should occur but then again we have see Twitter has been on a balance ever since he assumed office. Probably, on the outside it might look like he's got things covered, but who knows, it could be like a similar incidence FTX was trying to portray to the public; a thriving social space when on the inside it may be falling like a pack of cards.
 I will not say I'd be happy if Twitter (X) crashes but it will be something that will not surprise many if it happens.