General Elon Musk Fukkery Thread

nyknick

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jj23 said:
The winner from all this? Jack Dorsey.

Got out from Twitter just when it was getting crazy. Made billions off the buyout and will probably be the beneficiary of Musk's poor management we he introduces Bluesky as an alternative.

Just as bad as Musk but will come out looking like the good guy in all this.
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Jack Dorsey 'only' had 3% of Twitter and BlueSky was developed within twitter so Musk probably either has a percentage of the company or access to its protocol. Also Dorsey is on that libertarian bullshyt so you know he will inevitably shoehorn bitcoin into BlueSky :hubie:
 
MushroomX

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GhostoftheMan said:
Ia there any way he's tanking the site on purpose? He 100% was just trying to troll in acquiring it but when he was forced, it seems like he's just trolling now. Like he's clearly on drugs most of the time but some of these decisions are terrible and seemingly self destructive. Like one of the reasons why verification is a thing is because of identity masking as celebrities.
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Not so much. Musk is WORTH $200+ Billion, but he doesn't have 200+ Billion; it's all stakeholders in Tesla, SpaceX, Etc.

For this $44 Billion deal, Musk used about $13-$17B of his own Tesla stock; the rest was provided to him in loans and personal wealth from others.

Because of this deal, Twitter owes about $1 Billion in Interest annually now, and if Musk can't make that, he has to leverage his Tesla stock to pay it.

:mjgrin: But this is where this story becomes Prime Rib. Tesla is currently OVERVALUED. It's Price-Earnings ratio is 70, where with other Automobile companies like Ford and GM, your looking at 6. So if Tesla's stock bottoms out, that $200+ Billion, might just become $20 Billion (Just spitballing a number), especially if we do get a recession then no one will be buying his cars for the most part because they are pricey.

So imagine Elon, going from $200B, to now $20B... owing at least $13 Billion to Banks, WITH INTEREST.

Oh, and Twitter... it gets DELISTED officially from the stock market on the 8th.

Plus... he owns Twitter now... what if one his friends tweets shyt about China or Russia? Elon going to answer calls from Xi, and Putin; threatening to hurt his business.
 
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MushroomX said:
Not so much. Musk is WORTH $200+ Billion, but he doesn't have 200+ Billion; it's all stakeholders in Tesla, SpaceX, Etc.

For this $44 Billion deal, Musk used about $13-$17B of his own Tesla stock; the rest was provided to him in loans and personal wealth from others.

Because of this deal, Twitter owes about $1 Billion in Interest annually now, and if Musk can't make that, he has to leverage his Tesla stock to pay it.

:mjgrin: But this is where this story becomes Prime Rib. Tesla is currently OVERVALUED. It's Price-Earnings ratio is 70, where with other Automobile companies like Ford and GM, your looking at 6. So if Tesla's stock bottoms out, that $200+ Billion, might just become $20 Billion (Just spitballing a number), especially if we do get a recession then no one will be buying his cars for the most part because they are pricey.

So imagine Elon, going from $200B, to now $20B... owing at least $13 Billion to Banks, WITH INTEREST.

Oh, and Twitter... it gets DELISTED officially from the stock market on the 8th.

Plus... he owns Twitter now... what if one his friends tweets shyt about China or Russia? Elon going to answer calls from Xi, and Putin; threatening to hurt his business.
Click to expand...
So basically you have puts on Tsla :lupe:
 
BigBlackSea

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MushroomX said:
Not so much. Musk is WORTH $200+ Billion, but he doesn't have 200+ Billion; it's all stakeholders in Tesla, SpaceX, Etc.

For this $44 Billion deal, Musk used about $13-$17B of his own Tesla stock; the rest was provided to him in loans and personal wealth from others.

Because of this deal, Twitter owes about $1 Billion in Interest annually now, and if Musk can't make that, he has to leverage his Tesla stock to pay it.

:mjgrin: But this is where this story becomes Prime Rib. Tesla is currently OVERVALUED. It's Price-Earnings ratio is 70, where with other Automobile companies like Ford and GM, your looking at 6. So if Tesla's stock bottoms out, that $200+ Billion, might just become $20 Billion (Just spitballing a number), especially if we do get a recession then no one will be buying his cars for the most part because they are pricey.

So imagine Elon, going from $200B, to now $20B... owing at least $13 Billion to Banks, WITH INTEREST.

Oh, and Twitter... it gets DELISTED officially from the stock market on the 8th.

Plus... he owns Twitter now... what if one his friends tweets shyt about China or Russia? Elon going to answer calls from Xi, and Putin; threatening to hurt his business.
Click to expand...
Musk Fanboys on suicide watch if this happens:wow:
 
BigMoneyGrip

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MushroomX said:
Not so much. Musk is WORTH $200+ Billion, but he doesn't have 200+ Billion; it's all stakeholders in Tesla, SpaceX, Etc.

For this $44 Billion deal, Musk used about $13-$17B of his own Tesla stock; the rest was provided to him in loans and personal wealth from others.

Because of this deal, Twitter owes about $1 Billion in Interest annually now, and if Musk can't make that, he has to leverage his Tesla stock to pay it.

:mjgrin: But this is where this story becomes Prime Rib. Tesla is currently OVERVALUED. It's Price-Earnings ratio is 70, where with other Automobile companies like Ford and GM, your looking at 6. So if Tesla's stock bottoms out, that $200+ Billion, might just become $20 Billion (Just spitballing a number), especially if we do get a recession then no one will be buying his cars for the most part because they are pricey.

So imagine Elon, going from $200B, to now $20B... owing at least $13 Billion to Banks, WITH INTEREST.

Oh, and Twitter... it gets DELISTED officially from the stock market on the 8th.

Plus... he owns Twitter now... what if one his friends tweets shyt about China or Russia? Elon going to answer calls from Xi, and Putin; threatening to hurt his business.
Click to expand...
:takedat:
 
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