Posted on 04/18/2022 1:25:24 PM PDT by RoosterRedux
Elon Musk on Saturday posted a cryptic tweet that said “Love Me Tender,” suggesting he was either listening to Elvis or possibly considering a potential tender offer to Twitter shareholders to take control of the company.
A tender offer would be the latest in the saga over his dramatic bid to take control of Twitter. Another tweet suggests that Musk believes shareholders should decide the future of the company, not the board.
Shares of Twitter were up more than 3% in premarket trading.
“Wow, with Jack departing, the Twitter board collectively owns almost no shares!” he also tweeted Saturday, referring to former CEO Jack Dorsey, who will step down from the Twitter board this year. “Objectively, their economic interests are simply not aligned with shareholders!”
The Tesla and SpaceX CEO last week offered to buy Twitter for $54.20 a share, which would value it at about $43 billion. On Friday, Twitter adopted a limited duration shareholder rights plan, often referred to as a “poison pill,” in an effort to fend off a potential hostile takeover.
(Excerpt) Read more at cnbc.com ...
Twitter is a government/deep-state controlled company.
Musk is trolling them hard and this relationship will be revealed to the world.
And Musk probably knows all the juicy details.
And if you think you do, spend an hour on Telegram, 8kun, or Gab. You'll change your mind about the need for moderation on social media."
"The insane response to @elonmusk's proposal to buy Twitter at a significant premium proves that he isn't acquiring a private company, he's acquiring a global government censorship engine.
Capitalists don't turn down $10 billion in free money. Only totalitarians would do that."
Yup. If the truth about Twitter is exposed, everything changes. We are not a free market system. The government manipulates everything, and social media is a big part of that.
He’s living rent free in the Board’s head. 😆
Twitter has only been around for 16 years. Amazing that a “life-long” Twitter user can have such a full beard at 16.
What is this ‘tender offer’?
Sorry Mr. Rozsa, I don’t have a twit account to be able to log in to dispute your idiocy.
I am on record stating that having a beer, or a blunt if he prefers with Musk.
Still, sometimes I wonder if he is the Antichrist
On my bucket to do list.
Or maybe longtime Deep State asset Musk is helping to distract us from worse while they build the reportedly richest man in the world as some supposed free market, MAGA kind of guy.
DWAC had some heavy call option inflow today. Something to keep a eye on.
Yes, that's possible too.
Musk originally went to the board to offer to buy the company. Now he's going to the shareholders to ask them to sell their own shares to him.
-PJ
“he’s going to the shareholders to ask them to sell their own shares to him.”
THANKS!!!
I’ve actually been to the SpaceX factory in Hawthorne, CA several times. It impressed the heck out of me. Ive been to all the usual aerospace businesses in my career (old career). All that stuff was craft work. Musk is Henry Ford. Musk is the real deal.
A “deep state plant” couldnt have done that, basically upending the whole paradigm of aerospace manufacturing. Thats how he took over the whole global launch business (whats left is insulated from his underbidding by strategy and politics) and orbited 2000+ satellites.
He may crash and burn, but he is genuinely a historical “great man”, the sort that makes things that cannot be unmade.
What would be the difference between this tender offer and his original offer? Was he trying to buy shares held by the company and is now possibly trying to buy shares from shareholders?
Yeah, Bill Gates and Mark Zuckerberg were such really great innovators as well...with fewer federal billions!
Gates was a marketer of other peoples software - MS-DOS is a licensed version of 86-DOS by Seattle Computer, which in turn was a tweaked port of C/PM by Digital Research. Ever heard of those guys? That turned into an enormous windfall because he landed the IBM contract for an operating system, using the version of DOS he had the rights to. He’s a smart guy but not THAT smart.
That established Microsoft as holding the technical standard, and everything they have done to date depended on that - the fact that so many use MS systems is why so many still use MS systems. It isnt technical brilliance. It was sheer luck one fine day when IBM came calling.
Zuckerberg stole an app made by other people, and right place right time.
Musk did it the hard way. As an engineer, he impresses me.
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