Elon Musk buys 9.2% stake in Twitter, largest shareholder

FaTaL

Veteran
Joined
May 2, 2012
Messages
102,157
Reputation
4,944
Daps
204,025
Reppin
NULL
Trump needs dwac to succeed, he has money invested in that. I can’t see him jumping ship and admitting failure this quick
 
Joined
Feb 27, 2015
Messages
7,505
Reputation
1,250
Daps
32,865
Ehhh musk is a piece of shyt, but alot of shyt that goes on twitter need to be reign in. Moderation is heavily skewed towards the left, ive seen feminist type all men must die and nothing happens to them, but sometype women need to be in the kitchen they get a week suspension :francis:

Thats why social media need neutral moderation keep both sides in check
 

JJ Lions

All Star
Joined
Jun 17, 2012
Messages
2,631
Reputation
-233
Daps
6,406
Reppin
NULL
Trump needs dwac to succeed, he has money invested in that. I can’t see him jumping ship and admitting failure this quick

It's going to fail like most of his projects.

He doesn't use it. I checked it out a few weeks ago, he had 1 post.

2 big execs just quit - Trump-Tied Social Media SPAC Slides After Key Executives Quit

Roger Stone says he's getting censored, see below tweet. Among many others. It has a TOS just like other places. Some were thinking anything goes, some want complete freedom. It's now how it works at most places.

They have competition like Gettr, Parler, GAB etc. those are the right leaning big ones.

You're basically just talking people that have the same views. Most stay on Twitter because they like to get at people on the other side. That's not going to change. Some like the battle, troll etc. Plus, for many on the right, they have turned this into a business and Twitter has the bigger user base, most eyeballs.



 

dtownreppin214

l'immortale
Supporter
Joined
Apr 30, 2012
Messages
55,650
Reputation
10,526
Daps
191,844
Reppin
Shags & Leathers
As a passive shareholder. Not involved in management or those kind of decisions
Yeah, for now...

Barrons:
Now Musk has given Twitter stock a big lift. His stake in Twitter is said to be a passive one, but as the stock’s reaction shows little Musk does is passive, and just his presence is giving Twitter a big boost. Musk recently used Twitter to argue that Twitter needs to “adhere to free speech principles fundamentally.”

Musk described himself as a free “speech absolutist” shortly after delivering Starlink internet connectivity to Ukraine to help in that country’s battle against invading Russian forces. Musk refused to block Russian news sources, despite his support of Ukraine.

Wedbush analyst Dan Ives expects Musk’s stake to become less passive over time.

“Given Musk’s long standing critical view of Twitter and social media platforms, it was viewed that Musk could look to build a new social media platform to compete with Twitter and others,” he wrote. “Instead it looks like Elon has his eyes laser set on Twitter and we would expect this passive stake as just the start of broader conversations with the Twitter board/management that could ultimately lead to an active stake and a potential more aggressive ownership role of Twitter.”
 

JJ Lions

All Star
Joined
Jun 17, 2012
Messages
2,631
Reputation
-233
Daps
6,406
Reppin
NULL
Yeah, for now...

Barrons:
Now Musk has given Twitter stock a big lift. His stake in Twitter is said to be a passive one, but as the stock’s reaction shows little Musk does is passive, and just his presence is giving Twitter a big boost. Musk recently used Twitter to argue that Twitter needs to “adhere to free speech principles fundamentally.”

Musk described himself as a free “speech absolutist” shortly after delivering Starlink internet connectivity to Ukraine to help in that country’s battle against invading Russian forces. Musk refused to block Russian news sources, despite his support of Ukraine.

Wedbush analyst Dan Ives expects Musk’s stake to become less passive over time.

“Given Musk’s long standing critical view of Twitter and social media platforms, it was viewed that Musk could look to build a new social media platform to compete with Twitter and others,” he wrote. “Instead it looks like Elon has his eyes laser set on Twitter and we would expect this passive stake as just the start of broader conversations with the Twitter board/management that could ultimately lead to an active stake and a potential more aggressive ownership role of Twitter.”

He also likes his money. Many on the right are thinking Trump will get unbanned now. This won't go over well for many, users and the other 91% of the stakeholders that like money too.

I don't see Trump getting unbanned. Twitter is just doing fine without him, stock actually went up after he was banned. And he was violating the TOS over and over again. They didn't take action at the time because he was President. As soon as they could, they did.

Anything goes doesn't work on platforms like Twitter, they make their money mostly off advertisers. Musk himself isn't down with anything goes, he tried to get that one kid from posting his flight status. Bringing Trump back won't be good for his Tesla business as well.
 
Last edited:

ItzRailT

All Star
Joined
Apr 7, 2014
Messages
2,294
Reputation
45
Daps
7,777
I missed move on Twitter stock today smh my calls would’ve printed!
 
Top