Elon Musk now owns 9.2% of twitter...update.. will soon be the sole owner as Board of Directors accepts his purchase offer

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cytg111

Lifer
Mar 17, 2008
23,489
13,076
136
Has it also been confirmed that Musk has Asperger's? I recall the only source of that information being Musk, on SNL, the one time.

Sure, it can fit if you want it to, but still seems dubious coming from a shameless attention whore that seems capable of playing every possible victim card in order to soften his growing D. Vader persona.

It fits. But no, not to my knowledge.
 

Commodus

Diamond Member
Oct 9, 2004
9,215
6,818
136
Full stop. Am Asperger. And I fully understand why I shouldnt run the world.

To the other bit, I am sure he somehow envisions this "town hall" to somehow be a beacon between Mars and Earth. *SOMETHING* like that.

Understood. I just thought we should focus on Musk's particular behavior.

And the "town hall..." well, that's what he'll claim in public, anyway. I suspect the SEC and the ability to say what he wants are his main motives.
 
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cytg111

Lifer
Mar 17, 2008
23,489
13,076
136
Understood. I just thought we should focus on Musk's particular behavior.

And the "town hall..." well, that's what he'll claim in public, anyway. I suspect the SEC and the ability to say what he wants are his main motives.

Billionaires using billions to buy influence. Again. Is what it is.
 
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fskimospy

Elite Member
Mar 10, 2006
84,613
49,176
136
Understood. I just thought we should focus on Musk's particular behavior.

And the "town hall..." well, that's what he'll claim in public, anyway. I suspect the SEC and the ability to say what he wants are his main motives.
I would be interested to hear what his ideas are, if any, to unlock Twitter’s potential but yes my suspicion is he’s simply mad that he keeps getting in trouble for using it and someone as rich as him isn’t used to many external constraints.
 
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cytg111

Lifer
Mar 17, 2008
23,489
13,076
136
I would be interested to hear what his ideas are, if any, to unlock Twitter’s potential but yes my suspicion is he’s simply mad that he keeps getting in trouble for using it and someone as rich as him isn’t used to many external constraints.

Potential?


He just wants it to run free...

Scream fire in the theater?
Disinformation foreign and domestic?
Bots?
 
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fskimospy

Elite Member
Mar 10, 2006
84,613
49,176
136
Potential?


He just wants it to run free...

Scream fire in the theater?
Disinformation foreign and domestic?
Bots?
The ‘fire in a crowded theater’ is actually something you can probably do, yes.

As for the rest though like most shit posters Musk is not a free speech absolutist, he’s a free speech absolutist for speech he agrees with.

 

Pens1566

Lifer
Oct 11, 2005
11,764
8,309
136
So Musk is running a pump and dump here. He makes the offer, and twitter stock soars. The board rejects his offer, so he can sell his ~9% at a much higher price than he bought (secretly and technically illegally).

At some point, his various SEC related shenanigans (which is what was a problem for him joining the board) should come back to haunt him. But, there's no accountability in this world so ...
 

Brovane

Diamond Member
Dec 18, 2001
5,439
1,640
136
So Musk is running a pump and dump here. He makes the offer, and twitter stock soars. The board rejects his offer, so he can sell his ~9% at a much higher price than he bought (secretly and technically illegally).

At some point, his various SEC related shenanigans (which is what was a problem for him joining the board) should come back to haunt him. But, there's no accountability in this world so ...

How would Musk know that the board will reject his offer? There is a lot of money on the table in this offer at a premium per share.
 
Last edited:

Brovane

Diamond Member
Dec 18, 2001
5,439
1,640
136
Understood. I just thought we should focus on Musk's particular behavior.

And the "town hall..." well, that's what he'll claim in public, anyway. I suspect the SEC and the ability to say what he wants are his main motives.

Has Twitter ever removed and or blocked one of his posting? Musk getting into trouble on Twitter seems to be more related to government regulations (SEC) which wouldn't change even if he owned Twitter.
 
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Commodus

Diamond Member
Oct 9, 2004
9,215
6,818
136
Has Twitter ever removed and or blocked one of his posting? Musk getting into trouble on Twitter seems to be more related to government regulations (SEC) which wouldn't change even if he owned Twitter.

Not that I know of. Musk has done some pretty stupid things on Twitter, such as supporting the trucker protests, but I can't recall Twitter deleting his posts or suspending his account.
 

Brovane

Diamond Member
Dec 18, 2001
5,439
1,640
136
Not that I know of. Musk has done some pretty stupid things on Twitter, such as supporting the trucker protests, but I can't recall Twitter deleting his posts or suspending his account.

His unsolicited bid for Twitter probably isn't about Musk being able to say what he wants since he already says what he wants.
 
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Jaskalas

Lifer
Jun 23, 2004
33,550
7,605
136
You clearly haven’t been paying attention to the last decade or so. The better ideas don’t win out, the truth doesn’t trump misinformation and more speech doesn’t mean better debate.

This is completely true.

Free speech does not guarantee positive outcomes. And we have clearly witnessed human social behavior taking a massive nosedive as mass misinformation became readily available to us all. People latch onto comfortable fantasies rather than... inconvenient truths. It is possible free speech is currently being used as a poison to harm us. And it's a perfectly natural human phenomenon.

What free speech should mean for social media needs a thorough scientific study and a robust public debate.
If our society is even capable of such things at this pint.
 
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fskimospy

Elite Member
Mar 10, 2006
84,613
49,176
136
This is completely true.

Free speech does not guarantee positive outcomes. And we have clearly witnessed human social behavior taking a massive nosedive as mass misinformation became readily available to us all. People latch onto comfortable fantasies rather than... inconvenient truths. It is possible free speech is currently being used as a poison to harm us. And it's a perfectly natural human phenomenon.

What free speech should mean for social media needs a thorough scientific study and a robust public debate.
If our society is even capable of such things at this pint.
It doesn't - we already know what free speech on social media should mean. They own the platform so free speech is whatever they choose to permit.

Elon Musk is free to create his own free speech website if that's what he thinks the market wants but I think he believes it would be a failure so it's better to force Twitter to act how he wants. The thing is he may not realize that Twitter users don't want to be flooded by shitposters.
 

Brovane

Diamond Member
Dec 18, 2001
5,439
1,640
136
It doesn't - we already know what free speech on social media should mean. They own the platform so free speech is whatever they choose to permit.

Elon Musk is free to create his own free speech website if that's what he thinks the market wants but I think he believes it would be a failure so it's better to force Twitter to act how he wants. The thing is he may not realize that Twitter users don't want to be flooded by shitposters.

Is Twitter a platform or a publisher?

Platforms get protection from libel and are only allowed to remove explicitly illegal material.
Publishers are fully responsible under defamation law but are allowed to edit and censor as they please.
 

fskimospy

Elite Member
Mar 10, 2006
84,613
49,176
136
Is Twitter a platform or a publisher?

Platforms get protection from libel and are only allowed to remove explicitly illegal material.
Publishers are fully responsible under defamation law but are allowed to edit and censor as they please.
This is not correct - Twitter is not responsible for the content posted by its users as per Section 230 and it is also permitted to remove any material it wants for any reason.

 

Heartbreaker

Diamond Member
Apr 3, 2006
4,260
5,257
136
His unsolicited bid for Twitter probably isn't about Musk being able to say what he wants since he already says what he wants.

It's probably about bringing back more like minded people like other Anti-Vaxxers, and Trump.
 

Brovane

Diamond Member
Dec 18, 2001
5,439
1,640
136
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Pens1566

Lifer
Oct 11, 2005
11,764
8,309
136
How would Musk know that the board will reject his offer? There is a lot of money on the table in this offer at a premium per share.

Well he doesn't know for sure, but it's a good bet. Boards usually aren't receptive to hostile takeovers, especially ones where the offer is pretty far off the stock's recent highs, and there aren't really any problems/controversies that are pending with said company.

High chance they reject, he profits. Low chance they accept, he gets company. Win either way.
 

fskimospy

Elite Member
Mar 10, 2006
84,613
49,176
136
That is the problem, Twitter gets to decide what side it is on. It should be forced to pick one side and stick to it.
No it shouldn't, it is protected by federal law and the first amendment. They should choose to publish whatever speech they feel like because they have the same freedom of speech that you do.

It's a private service - if you don't like how they run their service just don't use it.
 

VRAMdemon

Diamond Member
Aug 16, 2012
6,547
7,800
136
I suspect he intends to turn it into a Far West of free expression that doesn’t answer to any country or government, like Telegram. Especially if delivered via Starlink. Then he can finally post misleading statements about his companies and cryptocurrencies and stock market without having to answer to the SEC, FTC or FAA. And reinstate all the accounts of conspiracists and COVID deniers, including Trump.

Twitter has become one of the few things news outlets can agree on as a source of truth. I don't mean that the content is true, but that either individual XYZ was on video doing or saying XYZ or something was posted by individual XYZ – here it is – or it wasn’t. So now the truth has an Edit button and will be controlled by Elon Musk.
 

Brovane

Diamond Member
Dec 18, 2001
5,439
1,640
136
No it shouldn't, it is protected by federal law and the first amendment. They should choose to publish whatever speech they feel like because they have the same freedom of speech that you do.

It's a private service - if you don't like how they run their service just don't use it.

No Twitter doesn't have the same freedom of speech that I do because they are protected from libel. Twitter actually has better protection for it's freedom of speech.
Which is why it should be forced to decide if it is a platform or a publisher.
 
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