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To: monkeyshine

“but how do the big investors see it as a long term investor?”

I suspect that is why Trump paid a call on Elon last week. Elon was coy about what they spoke. I would not be surprised if, owning the major social media company and familiar with the industry and Truth Social, Elon and he discussed a private placement of some of Trump’s shares directly with Elon once the IPO went public. Ultimately, Elon might want to acquire the whole magilla if he finds there is a synergy and can build his X base with it


37 posted on 03/21/2024 9:08:36 PM PDT by chuckee
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To: chuckee

Yeah I thought about that but I just don’t see it - or at least not that way. Elon doesn’t need Truth. They are basically competitors. And Truth was formed in response to the actions of the old Twitter regime. Is there really a market for Truth out there? The landscape has changed. X doesn’t have the restrictions that inspired the need for Truth.

Elon is unpredictable… but has some vulnerabilities. The SEC is after him about whether he disclosed his stake in Twitter before the acquisition (which is silly imho because he paid full price for the balance of the company). DelewRe stripped him of $50 billion. They are after him in many ways about Tesla… he is also an asset though, the government wants SpaceX and his military satellite and they want Tesla for their green new deal. It’s a complicated issue with Musk vs the USA.

It would be “bombshell” news if Elon came out to support Trump in some way. I don’t know exactly what Trump owns or how much equity is in them, but it’s possible something like Trump sells certain properties to Musk, which are put into a trust, where Trump also gets a call option to buy them back within 7 years. So if Trump loses, Musk keeps the property but if Trump wins he gets them back and Musk is made whole. But I’m kind of dreaming…. Who knows.

I also wonder if Trump goes into bankruptcy- that should technically stop all proceedings. Maybe not the look Trump wants to portray at this time but he could use that to his advantage - “look what these evil people forced me to do”.


39 posted on 03/21/2024 9:28:00 PM PDT by monkeyshine (live and let live is dead)
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To: chuckee

I’ve been wondering if/how Musk might step in to save the day. Anything is possible, I guess. I don’t want PDJT to be in the position where Musk owns him. Not sure I trust him 100%.


47 posted on 03/22/2024 3:34:09 AM PDT by MayflowerMadam (Fraud vitiates everything." - SCOTUS)
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