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[King Zultan]

I wonder how big a shit fit Elon will throw when he loses and has to buy Twitter?

[Starver]

It's not quite "lost down the back of the sofa" quantities, even for him, but I don't think "being forced to buy Twitter" is a big issue, rather than being forced to pay out for not buying Twitter. If the settlement forces the sale to go through then he's no worse off than if forced to just donate the same amount as punitive penalty without even having a holding at the end of it.

(Should it be "pay this amount, regardless", then actually taking control even of the suboptimal platform would be like that but "...and hey... free Twitter!")

Really, I expect Musk can make it work (in his own way) without too much fuss. He's no stranger to online hubs, and if he fails after he has raised such deal-threatening concerns then it exonerates him and makes us perhaps a bit more sympathetic (to balance against any feelings of schadenfreude we might also have until the next big thing, good or bad, wipes this whole episode from our collective memories). While if he makes it (continue to) work then he becomes the saviour of mankind in that way, as well as any eggs/baskets redistrubtion he initiates through his space programme. He hasn't much to lose that he hasn't already theoretically committed to put into the pot. Perhaps.


Possibly the gameplay was never meant to be more than an advanced "Outsider Trading" venture. Perhaps it has gone horribly wrong. Or perhaps it's still going horribly right, according to plan. I'm sure he knows, himself, but I doubt we can disentangle the front from the deep thought processes grinding away in his internal gears, ratchetting up the building costs and/or benefits of this particular wheeze.

[EuchreJack]

I wonder how big a shit fit Elon will throw when he loses and has to buy Twitter?

Never going to happen. By saying this, I guarantee it happens 

Realistically, Elon will have to pay a sum of money for not buying Twitter. This might encourage him to buy it instead, probably at a lower price than currently.

[Cathar]

Patric Boyle made a video on that affair.

The TL;DR is : Twitter has zero patience for Musk's antics and is going to enforce the contract with weapons in Delaware's court. The case looks open and shut, and the only way out for Musk is to beg to his knees, so the case doesn't reach the court. In the best, absolute best scenario, he will just have to soldier that 1 billion dollar face slap... but it's not going to be the best case scenario. More realistics option are :

• He tries to fight, gets crushed and has to pay full price for a company he damaged himself
• He cries and begs and will pay 10% of the buyout price to scramble out of the deal.

Twitter's board cannot proceed to sell him the company at a much lower price, because, as Elon said when he was still high, they are bound by fiduciary duty to their shareholders. They don't have a lot of wriggle room in lowering the buyout price, and franckly they look like they are out for blood anyway.

Oh and the SEC may take the occasion to come to him with long knives too.

Edit : And, silly of me, mentionning long knives and forgetting Brutus' bladeworks, without which that absolute circus could not be complete.


If you want to invest in Tesla, some stock is hitting the market soon !

[King Zultan]

as Elon said when he was high,

This right here is pretty much what I've thought was going on with the guy every time I hear about him.

[Rolan7]

I think it would be a mistake to underestimate the (briefly) richest man in the world.  He schemes.

The theory I still find convincing is that this is more stock market manipulation.  His original contract isn't for a dollar amount (If I'm remembering right), it's for a certain number of Tesla stocks (the total value of which included a meme number, when he announced).

I find it reasonable that he tanked Tesla on purpose and profited off that very predictable stock movement.  Shorting is a thing, as are friends an' family.  The stock market is stacked.  Otherwise it wouldn't be such a lucrative industry.  It produces nothing.  NOTHING.  It's supposed to provide investment to new businesses, which is a joke.

[EuchreJack]

Edit : And, silly of me, mentionning long knives and forgetting Brutus' bladeworks, without which that absolute circus could not be complete.

Wow, that is probably the most honest, truthful, and accurate thing I've ever seen Trump say. Not that it's 100% accurate (LOL to that!), but you can't bite the hand that feeds you if you want more food.

[Bumber]

(Glad this gif already existed so I didn't have to make my own.)

[heydude6]

Now if only there was a terrified "Oh God! It's happening!" counterpart gif already made to express the amount of dread I feel. I have lost a lot of respect for Elon Musk over that past few months (and I didn't have much to begin with) so I'm a lot more cagey about him owning twitter than I used to be.

May God help us all.

[Ziusudra]

Seems like a more appropriate reaction.

[Loud Whispers]

twitter is way more fun now. I never cared for the wanking of bluechecks

[EuchreJack]

This reminds me: Did you know Government Tweets are a thing?

[muldrake]

If you remember Elon Musk makes most of his decisions based on how high he is at the moment, it should all make sense.

[MaxTheFox]

This will be the end of Twitter.

I will definitely use any alternative that pops up and grows big more if it's more heavily censored.

[EuchreJack]

Confirmed