my question is what changed the boards view so quickly?
either bad twitter quarter report coming or?
Elon Musk may be the only person alive and famous today who is going to be remembered in 1000 years (as more than a footnote to history).
Even if ths Top Dog does not use Twitter but uses his own Truth Social this will be huge for Republicans and conservatives, et. al. getting out their messages heading into Fall 2022.
Best thing for Musk to do is to lock-down Twitter for a week and have his people carefully look at the behavior of all 7500 workers there (such as on internal message boards and emails)...and fire those who won’t fit-in to the new corporate culture of ‘inclusivity’.
Hi.
Here is the lazy man’s valuation of a company...
Industry: media
Revenue:: $3.7 billon yr
Earnings per share -
Media properties go for around 3x revenue.
Approximately $11 billion. Shares outstanding 764 million equals appox. $15 per share.
Mr. Musk is giving the shareholders a hugh premium.
Methinks this is personal.
5.56mm