I swear the SEC in nothing but a paper tiger.Isnt there laws that cover these sorts of things? Where someone kicks the market around "for fun" and gets fined a trillion dollars?
That's too bad - I was hoping that he would find a way to back out but only at enormous personal cost. Sounds like he realized he was going to lose the court case and is saving face.Sounds like Musk is gonna go through with it.
Twitter shares surge 22% after Elon Musk revives deal to buy company at original price
Twitter shares surged Tuesday after Bloomberg first reported that Elon Musk plans to go through with his acquisition at $54.20 a share.www.cnbc.com
I really, really don't want the brilliant but also bird-brained Musk in charge of twitter.That's too bad - I was hoping that he would find a way to back out but only at enormous personal cost. Sounds like he realized he was going to lose the court case and is saving face.
If he does to Twitter what he did to SpaceX and Tesla, it could be a gamechanger.
Can you elaborate? SpaceX and Tesla are doing fine, right? Elon may be an eccentric looney tooney but he does know how to run a tight ship.Is there a government subsidy for posting that I am unaware of? If so I'd like to get in on that action.
He seems very adept at solving engineering problems but Twitter is not an engineering problem, it is a social problem. Musk has shown zero ability to solve those types of problems and really if anything he seems to make them worse.Can you elaborate? SpaceX and Tesla are doing fine, right? Elon may be an eccentric looney tooney but he does know how to run a tight ship.
If he does to Twitter what he did to SpaceX and Tesla, it could be a gamechanger.
Can you elaborate? SpaceX and Tesla are doing fine, right? Elon may be an eccentric looney tooney but he does know how to run a tight ship.
It's not just that, it's that the reason Twitter moderates is because its customers want moderation. Twitter was initially super reluctant to do that and only did it after public outcry and complaints by the users!That's a pretty big "if," though. Twitter isn't exactly a small startup that can be fixed with some broad ambitions and a hardware roadmap.
That and Musk's strategy so far is going to crash against the rocks of reality in short order. The fantasy is a free speech utopia where you can lie and stir violence without consequences; the reality is that Twitter will still be subject to regulations in Europe and elsewhere that could largely keep the status quo intact.
You never knowThe OP's point was that Tesla/SpaceX are only still afloat due to large infusions of govt. subsidies. Something that absolutely won't happen at Twitter.