Elon Musk watch (was Elon Muskrat watch)

Wayne said:
you keep saying those words. I do not think they mean what you think they mean... :)
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Says the person just dipping his toes into the stock market in 2021 ;) Twitter is a publicly traded company. You can buy shares of it Monday morning at 9:30AM for roughly $45 a share. Elon's offer to buy out the company was literally an offer to take the company private.

As for how Twitter is regulated, it has protections under Section 230 of the United States Communication Decency Act. This protects it from litigation due to content posted on it's service. Meaning it states they are not regulated as a publisher, they are regulated as a carrier. Also for the company itself, publicly traded companies have a vast amount of more regulations and reporting requirements over private companies, completely apples and oranges.

Private vs. Public Company: What's the Difference?​

KEY TAKEAWAYS​

  • In most cases, a private company is owned by the company's founders, management, or a group of private investors.
  • A public company is a company that has sold all or a portion of itself to the public via an initial public offering.
  • The main advantage public companies have is their ability to tap the financial markets by selling stock (equity) or bonds (debt) to raise capital (i.e., cash) for expansion and other projects.

I hope this helps.
 
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Over the last week, we've all witnessed the liberal left completely freaking out over the possibility of #elonmusk buying Twitter and turning it into a private company.

I'm not here to talk about Elon, because frankly I've never met the man and I don't want to judge based solely on what I hear from either the left OR from the right about him..

What I think terrifies the left is they currently have a strangle-hold on "free speech" in America. They currently determine what "free speech" is by way of cancellation, threats, and sheer intimidation tactics.

If you disagree with them (even if you're on their side), by their mindset, you're instantly a fascist, racist, most other kinds of "-ists" to meet their convenient re-defining of American terms.. I had this happen to me personally the other day in a car group on Facebook for simply stating that I don't like the "auto start/stop" feature on new cars where you pull up to a light and the engine shuts down (as a fuel saving measure)..

Anyway, the liberal left is terrified because they don't WANT to have real discussions about the merits of their positions on things. They don't WANT you to have the right to disagree with them and point out the fallacy of their beliefs. They would find that incredibly offensive...

So. I don't know if Elon Musk will succeed in his takeover attempt of Twitter -- personally, I hope he does -- but I *do* know that the leadership over there will literally play every dirty card in their proverbial deck to cheat to keep him away from his goal of turning Twitter into a place more open to real free speech.

In that, I wish him luck, and wish I could find a way to support him directly in the effort to take down the Socialist Media empire known as Twitter...
 
Wayne said:
Over the last week, we've all witnessed the liberal left completely freaking out over the possibility of #elonmusk buying Twitter and turning it into a private company.

I'm not here to talk about Elon, because frankly I've never met the man and I don't want to judge based solely on what I hear from either the left OR from the right about him..

What I think terrifies the left is they currently have a strangle-hold on "free speech" in America. They currently determine what "free speech" is by way of cancellation, threats, and sheer intimidation tactics.

If you disagree with them (even if you're on their side), by their mindset, you're instantly a fascist, racist, most other kinds of "-ists" to meet their convenient re-defining of American terms.. I had this happen to me personally the other day in a car group on Facebook for simply stating that I don't like the "auto start/stop" feature on new cars where you pull up to a light and the engine shuts down (as a fuel saving measure)..

Anyway, the liberal left is terrified because they don't WANT to have real discussions about the merits of their positions on things. They don't WANT you to have the right to disagree with them and point out the fallacy of their beliefs. They would find that incredibly offensive...

So. I don't know if Elon Musk will succeed in his takeover attempt of Twitter -- personally, I hope he does -- but I *do* know that the leadership over there will literally play every dirty card in their proverbial deck to cheat to keep him away from his goal of turning Twitter into a place more open to real free speech.

In that, I wish him luck, and wish I could find a way to support him directly in the effort to take down the Socialist Media empire known as Twitter...
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It really is terrifying the agenda, no longer hidden, by the left. They openly admit to be against free speech. They are fairly open about grooming kids as young as 5. They have a stranglehold on public schools and universities. The public school system is doing everything in their power to remove any critical thinking, problem solving or real life skills from children. Dealing with fresh high school graduates in the service industry is a very sad experience. Schools no longer even teach basic math, arguing everyone has access to a calculator of some form. I guess the idea is to have a generation(s) of native born American kids have near zero prospects for a real world career. I have a good friend who is one of those teachers. I have seen her transformation over the last ~6-7 years. Before ~7 years ago her viewpoints on the world seemed to closely mirror mine near 1 to 1. Over the last 7, but really about the last 4-5, she's become the stereotypical walking and talking embodiment of an SJW NPC. This is someone I've know for 34 years and only in the last ~4-5 years has completely transformed into someone I don't hardly recognize. Talking points with no substance behind them. It's really sad.
 
Wayne said:
Over the last week, we've all witnessed the liberal left completely freaking out over the possibility of #elonmusk buying Twitter and turning it into a private company.

[...]
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I am perpetually amused how people can simultaneous hyperventilate about how Elon will use twitter to subvert democracy and, at the same time say that twitter doesn't have the power to subvert democracy.
 
Elon is growing on me day by day. His redpilling announcement was apparently real. He has the money to actually go after the globalist cabal. I hope he is smart enough to use a substantial portion of his wealth to have an small army of loyal bodyguards.

DETAILS OF POTENTIAL "PLAN B" START TO UNFOLD AS ELON MUSK QUESTIONS SHADOWY FORCES BEHIND DEPLATFORMING​

The drama between Elon Musk and Twitter was quiet on Tuesday, at least in public. Behind the scenes, the New York Post says Musk is putting together new investors to team up with and take over Twitter. Possibly, with hostility! I don't know if this is the "Plan B" Musk said he had, but it at least sounds Plan B-adjacent.

According to sources:
  • Musk is willing to put up $15 billion of his own money, up from his original $3 billion-ish investment.
  • $20 billion more will come from outside investors.
  • The investors combined will own more stock than Musk, though Elon will still own the most individually.
  • Morgan Stanley is raising $10 billion in debt against Twitter “in the manner of a traditional leveraged buyout.”
No word on if Jack Dorsey is part of the investment group. Dorsey has been speaking out about the company and other anti-Musk leftists as of late.

The Post also believes Musk's "cryptic tweet" from last Saturday has something to do with what he's trying to make happen behind the scenes. I would have gone with "Suspicious Minds" if it had to be an Elvis song. Even though real ones know Elvis Costello is the one true Elvis.

https://twitter.com/x/status/1515405264740134918

No new direct tweets about the takeover today. However, Elon had plenty to say about the reasons WHY so many of us are cheering him on. As of right now, the most extreme 10% on the left are the ones WHO WORK for Twitter, censor anyone to the right of Rep. AOC, and believe Musk buying the bird app would be the end of Democracy as we know it.

https://twitter.com/x/status/1516483038242385928

Marc Andreessen expressed concern over how de-platforming won't end with social media platforms. As we saw with Parler in 2021, if you use any technology you could be at the mercy of the radical left. Musk wants to know why, and who is behind it.

https://twitter.com/x/status/1516470730136952833

Twitter is the least popular, least used of all the platforms. It just appears popular because celebrities, reporters, and politicians like it. For me, Musk buying Twitter is less about Twitter and more about sending a wake-up call to the other platforms. The throttling and shadow-banning are all around. We're fed up. Elon has the cash to do something.

Copy-paste most of the article for Robert due to popups. It's telling that Twitter co-founder Jack Dorsey is fully behind Elon. The same Jack Dorsey who is a known leftist. I don't care about people having differing views from me. I care about free speech. I believe with free speech the truth will prevail. It's telling who is fighting tooth and nail to destroy free speech.
 
Thunderf00t cracks me up. I've never quite understood musk's obsession with this hyperloop thing

 
cecilia said:
Thunderf00t cracks me up. I've never quite understood musk's obsession with this hyperloop thing

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I never understood anybody's obsession with it. I thought of it when I was 13 or 14 (though I thought maglev in an evacuated tube was the way to go instead of the air cushion). That was in the seventies but I didn't have the benefit of the internet back then to easily discover that the idea itself was already quite old by then.
 
FluffyMcDeath said:
I never understood anybody's obsession with it. I thought of it when I was 13 or 14 (though I thought maglev in an evacuated tube was the way to go instead of the air cushion). That was in the seventies but I didn't have the benefit of the internet back then to easily discover that the idea itself was already quite old by then.
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IIRC we had some pretty active discussions here on Whyzzat regarding it. AFAIR none of us thought it would ever happen, or at least ever happen without near immediate utter catastrophe.

-edit-
A quick Whyzzat search was less fruitful than I thought, but the expression given was spot on to what I remember.
 
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Holy crap is this commie coming late to the party. Exactly how long have I been calling them robber barons? What would cause him to suddenly change his mind? Hmmm...

Bernie Sanders said he's worried NASA is becoming an 'ATM' for Jeff Bezos' and Elon Musk's personal space race​

Senator Bernie Sanders has come out swinging against the amount of money that NASA pays to Jeff Bezos' and Elon Musk's private space exploration companies in an op-ed piece for The Guardian.

Sanders argues that US taxpayer dollars are being used to overly subsidize private space exploration firms including Bezos' Blue Origin and Musk's SpaceX through lucrative NASA contracts.

"I am concerned that NASA has become little more than an ATM machine to fuel a space race not between the US and other countries, but between the two wealthiest men in America – Elon Musk and Jeff Bezos, who are worth more than $450bn combined," Sanders wrote.

At time of writing Musk's net worth clocks in at $260 billion while Bezos' stands at $173 billion, according to the Bloomberg Billionaires Index. The two billionaires have a long history of sparring with each other over their competing space ventures.

Sanders specifically took issue with an additional fund that Congress is debating which would add an extra $10 billion to NASA's moon lander budget. Sanders referred to the proposed provision as a "bailout fund" for Bezos, whose company Blue Origin lost out on a NASA moon lander contract to SpaceX in November.
 
musk-twtr1.jpg

The Twitter board is probably coming around to understand the jig is up. The court of public opinion has turned on them entirely. The reaction in this screenshot to the TMZ article on Fakebook shows it. With over 4.1K reacts, only 300 some odd are angry. It's well less than 10% of the likes and loves. It's not just Twitter either. The views of some "kooky" posters on backwater forums such as Whyzzat are becoming mainstream.
 
redrumloa said:
The Twitter board is probably coming around to understand the jig is up.
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ELON MUSK AND TWITTER CLOSE TO REACH DEAL, ONE COULD BE ANNOUNCED TODAY​

While "some people" were trolled into thinking Elon Musk was walking away, news breaks on Monday that Musk and Twitter are close to a deal to sell the company. So close, details of a deal could be announced on Monday. Wait, that's today!

A person with knowledge of the matter (anonymously, of course), spoke to Bloomberg News. The Big Tech company is working on hammering out a deal as we speak. And if things go smoothly, a deal could be announced today.

The New York Times reported that Twitter's Board of Directors met on Sunday to discuss the potential deal. Once Musk announced he had secured the financing and Wall Street was on board, things moved rather quickly. It was first thought Twitter would announce plans, or at least address the sale, when they presented their quarterly earnings on Thursday. That was before today's report.

The word "smoothly" here is doing a lot of heavy lifting. Now that the Bloomberg story hit, every leftist and corporate media hack who freaked out when Musk announced the offer is going to go straight to Defcon 5. The idea of Musk buying Twitter was the end of democracy as we knew it. Elon Musk actually buying Twitter? There are going to be tons of outside forces doing whatever they can to squash the deal.

Pop your popcorn and choose your bourbon now. Today is going to be fun.
 

Elon Musk Releases Statement After Taking Over Twitter​

Elon Musk released a statement on Monday afternoon after Twitter’s board of directors unanimously approved of his offer to buy the company for $44 billion.

Musk has hinted at and in some cases plainly stated changes that will be coming to Twitter if he takes over the company, including, loosening up the platform’s content moderators, making the platform’s algorithms open-sourced, eliminating bots, and authenticating real humans on the platform.

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”

https://twitter.com/x/status/1518677066325053441

The $44 billion transaction was unanimously approved by Twitter’s board and is expected to close this year subject to the approval of Twitter’s shareholders and other regulatory approvals.

“Under the terms of the agreement, Twitter stockholders will receive $54.20 in cash for each share of Twitter common stock that they own upon closing of the proposed transaction,” Twitter said in a statement. “The purchase price represents a 38% premium to Twitter’s closing stock price on April 1, 2022, which was the last trading day before Mr. Musk disclosed his approximately 9% stake in Twitter.”

The company announced that Musk secured $25.5 billion of fully committed debt and margin loan financing and is providing a $21 billion equity commitment.

Bret Taylor, Twitter’s Independent Board Chair, said, “The Twitter Board conducted a thoughtful and comprehensive process to assess Elon’s proposal with a deliberate focus on value, certainty, and financing. The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter’s stockholders.”

Parag Agrawal, Twitter’s CEO, said, “Twitter has a purpose and relevance that impacts the entire world. Deeply proud of our teams and inspired by the work that has never been more important.”

Twitter’s board of directors initially appeared poised to do everything in its power, including adopting a poison pill, to stop Musk from buying out the company with his unsolicited $43 billion dollar offer earlier this month.

However, things changed after Musk disclosed in a Securities and Exchange Commission (SEC) filing last week that he had secured more than $46.5 billion in financing to take over the company, including $13 billion from Morgan Stanley, $12.5 billion from other banks, and $21 billion from himself.

Musk contacted the The Babylon Bee earlier this year, before buying a large portion of the company, after the company said that they had been suspended for a satirical article that jokingly named Health and Human Services Assistant Secretary Rachel Levine “Man of the Year.”

“Musk reached out to us before he polled his followers about Twitter’s commitment to free speech,” Seth Dillon, CEO of The Babylon Bee, tweeted. “He wanted to confirm that we had, in fact, been suspended. He even mused on that call that he might need to buy Twitter. Now he’s the largest shareholder and has a seat on the board.”
 
Until just now, I didn't really have a dog in this proverbial fight. I hadn't logged into Twitter since 2018 because of all the lefty-leaning censorship but as of just now, I thought I would re-establish my account to take a look around. I don't get it (maybe "yet")...
 
Funny how since Musk was successful yesterday, Circle-back Psaki is now espousing how "concerned the President is over the power of Social Media, and in particularly Twitter, and feels that maybe Social media platforms need to be more closely regulated"...

In other words, the only freedom of speech allowed is to be their given choice of "the truth". Everything else is going to be regulated out of existence.
 
Wayne said:
Until just now, I didn't really have a dog in this proverbial fight. I hadn't logged into Twitter since 2018 because of all the lefty-leaning censorship but as of just now, I thought I would re-establish my account to take a look around. I don't get it (maybe "yet")...
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I've NEVER had an account. It being a Soviet style lefty propaganda platform meant I never even bothered looking at it. If it's truly free speech maybe I'll at least look at it.
 
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