Posted on 04/04/2022 8:09:11 AM PDT by zeestephen
The Musk buy comes less than two weeks after Musk criticized the company, polling people on Twitter about whether Twitter adheres to free speech principles.
(Excerpt) Read more at cnbc.com ...
He still must build enough support to have any authority.
No, he can file a shareholder lawsuit now.
What’s he gonna say when they ban his account?
Reports say he plans to remake it into a free speech platform. ...so he’s competing with Trump social...?
Truth Social does not work. Very disappointing.
I think Musk sees Twitter as an under performing asset that has radical growth potential.
Twitter was founded 16 years ago, it has always been one of the most visited sites on the Web, but it has had only three or four modestly profitable years in all that time, and it has more than $20 billion in liabilities and debt.
I am thinking Musk plans to be an activist share holder who lights a fire under the current CEO or even terminates the CEO.
Didn’t this also happen with bitcoin? Is it just a temporary bounce? Maybe Elon should by some Gamestop stock.
I agree. TruthSocial is a FLOP.
In the end it took a billionaire capitalist to ensure free speech on a platform run by progressive socialists.
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