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Topic: Is the fall of Elon Musk's empire imminent? - page 6. (Read 737 times)

legendary
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Merit: 1617
#1 VIP Crypto Casino
October 19, 2023, 04:34:45 PM
#6
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.
legendary
Activity: 1918
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LE ☮︎ Halving es la purga
October 19, 2023, 04:24:46 PM
#5
As they say above, x=/0, that is, there is no sale value at this moment because such a thing is not in the plans, so its shares are in the normal fluctuating range.

I remember that WhatsApp had the premise of $1 in some countries, but in the long run it never happened, Elon is doing what he does best "noise".

If you are in the media it is free advertising, so he knows it well, I think that "x" still has a lot of work ahead of him. In the future he will surely stop being the main face and will give that position to someone else, moving to the board of directors and leaving office.

sr. member
Activity: 742
Merit: 356
October 19, 2023, 04:04:01 PM
#4
Musk is not new to these things. He will find a way. I feel these problems are a little bit exaggerated. These are problems that arise from time to time in a business, especially for a corporation as big as Musk's.
I'm not a fan of his handling of Twitter but I think it's doing just fine and he's introducing different innovations to keep the app at the top.
The worst that can happen is, that he'll sell off Twitter at a loss, nothing like losing his empire.

Right now two countries would have to pay $1 to use X. This is just the testing period of that initiative. If it works that's a dollar a year from about 40m people. That's a lot of money.
Musk is a proud man so I don't see him losing his CEO status and he's also a smart man, so he'll find a way.
There's no big deal.
hero member
Activity: 3038
Merit: 617
October 19, 2023, 03:33:57 PM
#3

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.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
October 19, 2023, 03:16:40 PM
#2
I don't think so, having a back up with several companies could still help it to get up whenever it's being seen about to fall. But there is no doubt that he's done a lot of bad decisions and call out with this acquisition of Twitter.

He's got a plan on it that we don't know, maybe there really is.

There's another news[1] again that they'll charge $1 for new users from New Zealand and Philippines. This is gonna prove that users aren't bot because the platform is mostly used for propaganda, trolls and bots.

[1] X will start charging new users in two countries $1 per year
legendary
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Leading Crypto Sports Betting & Casino Platform
October 19, 2023, 02:56:07 PM
#1
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?
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