Elon Musk

Multi Sport said:
Let's see who blinks first..

Breton spoke to the Financial Times and said that Musk needs a "reality check" if his push for free speech on the platform results in less content moderation and warns that if Twitter doesn't uphold the European Union's rules for content the platform risks being banned across Europe. With the EU's commissioner warning Musk to tread lightly, the same question can be raised for the US's own rules and regulations when it comes to
content guidelines.
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The cheaters now want something done with the 230 law and big tech. The EU is hard core and you better best obey them or else. These guys are something else. We all grew up with these types on the playground.
 
Assuming that the market is always right (whether you beleive that or not) -- Musk's offer is at $54.20 per share. Since the deal is not final yet (Musk is convincing banks to lend him a big part of the cost - What? You thought he had that much in his wallet?), there is still a market for the stock. The price has not come anywhere close to $54.20 since the announcement.

 
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Panic in the Disco?

"Some Senate Democrats are reportedly considering calling on Tesla CEO Elon Musk to testify about his plans with Twitter after he reached a $44 billion deal to buy the social media giant."
 
espola said:
Assuming that the market is always right (whether you beleive that or not) -- Musk's offer is at $54.20 per share. Since the deal is not final yet (Musk is convincing banks to lend him a big part of the cost - What? You thought he had that much in his wallet?), there is still a market for the stock. The price has not come anywhere close to $54.20 since the announcement.

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You have an issue with Musk buying Twitter?
 
Twitter agreed to be taken over at $54.20 a share, a 38 percent premium over the share price before it was revealed that Mr. Musk had been buying up the company’s stock.

The deal, which has been unanimously approved by Twitter’s board, is expected to close this year, subject to a vote of Twitter shareholders and certain regulatory approvals.

Mr. Musk himself has had a rocky relationship with online speech. This year, he tried to quash a Twitter account that tracked the movements of his private jet, citing personal and safety reasons. On Monday, he tweeted that he hoped his worst critics would remain on Twitter because “that is what free speech means.”

“Without any conditions for Musk to purchase Twitter, the platform’s community standards and recourse to ban users who violate those standards, Twitter could set a dangerous precedent for other social media companies to follow,” said Bridget Todd, director at UltraViolet, a women’s rights organization. “This is a massively slippery slope.”

Beyond speech issues, Twitter faces questions about its business. For years, the company has struggled to gain new users and to keep people coming back to the service. Its advertising business, which is the main way Twitter makes revenue, has been inconsistent. Twitter has not turned a profit for eight of the last 10 years.

www.nytimes.com

Elon Musk Buys Twitter: Elon Musk and Twitter Reach Deal for Sale (Published 2022)

Twitter agreed to be taken over at $54.20 a share, a 38 percent premium over the share price before it was revealed that Mr. Musk had been buying up the company’s stock.
www.nytimes.com www.nytimes.com
 
Tesla CEO Elon Musk responded to a tweet from Rep. Alexandria Ocasio-Cortez, D-N.Y. on Friday evening, telling her to "Stop hitting on me."
Musk was responding to a tweet from Ocasio-Cortez, expressing her frustration with the "massive communication platform."
"Tired of having to collectively stress about what explosion of hate crimes is happening bc some billionaire with an ego problem unilaterally controls a massive communication platform and skews it because Tucker Carlson or Peter Thiel took him to dinner and made him feel special," Ocasio-Cortez tweeted.

"Stop hitting on me, I’m really shy," Musk responded.
 
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