Posted on 04/10/2022 8:30:03 PM PDT by janetjanet998
Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here.
“That has to be the only reason, he wants controlling interest.”
That or he’s bored with it already.
He can sell it off however he wants, with his income he can use some losses.
I will not be surprised if he dumps and leaves.
Somebody probably got to him.
Nice business empire you got there, Elon. Would be a shame if anything happened to it......
Probably so.
My guess is Elon has a full plate with a rocket company and car company.. Elon fully intends Tesla to capture 20% of the world car market. And SpaceX has already launched more rockets than any other entity.
Elon can hire someone to manage his stake in TWTR and turn it towards a more free-speech friendly company. We can hope, anyway.
That’s not good news.
If people could actually reason like Musk does, he wouldn’t be the person he is and other people would be far wealthier. It’s not just his intelligence, his Asperger’s, or his wealth, it’s a combination of all of them, along with his experiences, and his own personal interests. He could go Dr. Evil on society tomorrow, complete with hollowed out volcano fortress and it shouldn’t surprise anyone.
His wealth doesn’t scale, there’s no “what a million dollars is to him is X amount to the average person” because he can indulge in multiple billion dollar transactions on a whim on a daily basis for months, lose most of it, and still be worth more than most anyone can ever dream to be worth. In fact, he could lose everything he is worth tomorrow because of some sort of financial crash and still be able to become a billionaire again by the end of the year just on his reputation alone.
Whatever he’s doing with twitter, I love knowing that one of his more prominent twitter dustups involved calling a guy who fit the commonly understood behavioral profile of a pedophile (repeated visits to locations known for sex trafficking over a long time span, focusing business interests in those locations over other business interests, marrying a woman twenty years his junior), a pedophile.
He should sell all his shares, watch the share price crash, buy more shares, ride the bump to the top and at the peak, rinse and repeat.
I think even controlling interest wouldn’t leave him free to do as he wants. He’d have to buy the whole thing and take it off the stock market.
With fiduciary duty he’d not be free to joke around about renaming the company to Titter.
And not just Russia but also China is upset at his satellite internet. Maybe they are pouring money into groups to stop him.
Musk was playing with them, trolling them. He plans for all of them to go.
He’s done the same kind of thing before, with Tesla. He didn’t start it, but he bought in and took over. He’s hard core.
Joke post?
Actually, this may be good news, signaling that he declined the board directorship offer because he intends on acquiring more stock to take it over. Elon filed his notice of intent with the SEC last week that he was changing his status from a passive shareholder to an active shareholder meaning it was his intent to acquire more stock to potentially take it over. The board directorship offer came with the contingency that Elon could not acquire more than 14% of the outstanding stock while he was director. That was their way of trying to save their jobs because Elon would can them all if he took over. Elon turning down the directorship may be his way of telling them to F off, he’s coming for their company.
I think he should walk away with a billion just to show that these companies are not being run properly, and are not interested in the bottom line. That consideration was once important for investors.
He should sell and let the stock fall and then buy it all.
Or someone left a horse head in his bed.
Told him Twitter or access to the ISS....
He can’t have both.
SpaceX or Twiiter...
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