Elon Musk officially buys Twitter, DONE DEAL !

[Electrum1]

He didn't nullify an offensive by Ukraine? In their own internationally recognized territorial waters?

If you owned a majority position in a satellite company, should the government be able to force you to do things with that company that you don't want to do?

 

[brokedownpalace10]

No. He specifically said the satellites weren't active so there wasn't anything to nullify

Turned the satellites off when needed, didn't he?
So, an American business can decide when and where to provide services to our allies to give aid and comfort to the enemy? You're really OK with that?

 

[JahBeeuS]

I think the thing was that the satellites weren't operating in that area.

That being said, if he doesn't want to be a government puppet maybe he shouldn't take their tax breaks.

 

[mal3volent]

 

[alasdairm]

is this what business genius looks like?

alasdair

 

[Juniper Bruhmomentius]

is this what business genius looks like?

alasdair

his one genius move was to add in his contracts that he was "the creator" of many firms like Paypal

 

[alasdairm]

how long does fuck you money last when you tell a major revenue stream to go fuck themselves?

i kind of get the he-says-what-he-wants fanboy thing but "owning the..." whatever doesn't seem like a successful long term business strategy.

alasdair

 

[mal3volent]

Honestly idk how valuable Disney advertising is to a company like X/Twitter

Disney has been hemorrhaging money for years now. They've completely ruined their most valuable IPs, marvel, Star Wars, etc... their park sales are down, shutting down resorts, etc.

im not a huge Elon fanboy or anything but I do enjoy seeing someone tell a corporation as big as Disney to fuck off

 

[Cheshire_Kat]

how long does fuck you money last when you tell a major revenue stream to go fuck themselves?

Oh , you mean like telling your entire film fan base to fuck off like Disney has for the last few years ? You're quite right, it really hasn't worked out that great for the House of Mouse ! You play stupid games. you win stupid prizes...

 

[Juniper Bruhmomentius]

Disney makes clinical case study of fascism look like nothing

 

[alasdairm]

Oh , you mean like telling your entire film fan base to fuck off like Disney has for the last few years ?

maybe. but that has nothing to do with elon's behavior.

only time will tell what happens but he seems to make significant business decisions on a whim.

maybe he'll make billions. or maybe he'll end up having wasted $44 billion just to make a point.

alasdair

 

[Jabberwocky]

Elon has so much fuck you money he could completely write off $44 billion like its nothing, and he knows it.

 

[alasdairm]

he has a lot of money. he does not have an endless supply.

that's said, twitter was a leveraged buy out. other people stand to lose too if he drives it into the ground.

alasdair

 

[Jabberwocky]

he has a lot of money. he does not have an endless supply.

I think $150 billion effectively qualifies as an "endless" supply.

 

[Juniper Bruhmomentius]

Yung Elon officially worlds richest man on government welfare

 

[alasdairm]

I think $150 billion effectively qualifies as an "endless" supply.

while he didn't pay for 100% out of his own pocket, $44b is 29% of $150b which is a significant chunk.

alasdair

 

[JahBeeuS]

watch him turn it into a paypal / cashapp / venmo.

 

[Burnt Offerings]

Internet brain rot can strike at even the uppermost echelons of wealth and power, if the last few years have taught us nothing else it’s that

 

[alasdairm]

watch him turn it into a paypal / cashapp / venmo.

what would he offer that those apps don't?

they're all pretty entrenched - paypal has been around 25 years and has over 400 million users.

i'm not sure how involved musk still is but he's not been involved in active management since 2000.

alasdair

 

[polarthedog]

while he didn't pay for 100% out of his own pocket, $44b is 29% of $150b which is a significant chunk.

alasdair

I just looked it up, he’s worth 244.4 billion, I think he’s good