Majority shareholder
I would like to see Elon Musk run twitter. It might become a force for good instead of evil.
I doubt all the socialist, anti-capitalists at Twitter will mind that the market-based share price has fallen.
I’d love to see what he can do in charge of this company.
And now with the share price down, he can buy more...
Parag should be polishing his resume.
They wanted him to sign a contract which in effect would prevent him from interfering with the way they run it.
I’d be surprised if he went for a controlling interest. Liberals buy cars, too.
I will laugh my zzz off if he mounts a hostile takeover. Then reinstates Trump. 😏
You wonder what percentage of the employees agree with the censoring and how many just remain silent.
I would like to see someone acquire a company like Twitter and start censoring the liberals.
So, Musk can now buy all the Twitter stock he wants. Don’t think for a moment that Musk does not have a plan. This is like the cat and the rat—he’s letting them squirm before he pounces.
The bigger elephant in the room—Starlink.
I hope the reason Musk refused a board seat is that he would’ve had to agree to not acquire more than a 10% stake. I hope he acquires a majority stake and then goes in there and cleans the place out with a flamethrower.
“Agrawal said he thought Musk’s decision was ‘for the best’ and said the company must remain focused on its corporate goals. - He did not say why Musk would not join, but suggested that shareholders had expressed concern.”
Shareholders concerned? lol You mean management is concerned now that Elon has amended his filing with SEC from passive shareholder to active shareholder bent on acquiring more stock to potentially take it over. Their asses are out the door when he takes it over and moves their headquarters next to his doublewide in Texas to make sure free speechifying comes to Lone Star Twitterland.
Do you know what the word “majority” means?
I think there is a lot of hope that Musk is the savior on Twitter. Personally, I don’t think so but I’d like to see that.
But I’m not holding my breath.
Remember when Trump was going to be President in August? That sure went away fast. I knew that wasn’t going to happen. Why do people project like this?
That's the only good thing that comes from any legislation that attempts to control Anti-Trust behavior. Of course, that requires intelligent development and enforcement of Anti-Trust legislation. The biggest drawback is human behavior among the legislators and enforcers.
“Majority shareholder”
Not quite - more like “plurality shareholder”. I suspect what happened is that he tried to get some agreement to reforms there, and they told him to stuff it, since he’s only 10%.
They had their chance. Now on to Plan B...
1. Musk is indeed gearing up to try and buy Twitter.
2. It was just a "pump and dump", Musk never gave a flip about Twitter and this takeover talk is just an attempt to pump the stock he bought which he plans to dump for a quick profit.
3. Musk really had planned to be part of Twitter but once he got invited to the board and saw how bad the internal financials of the company really were, he decided he want's nothing to do with that boondoggle and will dump his stock as fast as he can and get out.
I think this gives Elon Musk the leverage to go all in “Boone Pickins” on Twitter. Elon can put a real squeeze on Twitter if he chooses.
