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- cross-posted to:
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“Fidelity is currently valuing X at about $9.4 billion”
I found this funny.
How to become a billionaire: Start with 54 billion
Keep digging, “Leon”.
he himself is worth less than that at least morally
He is a net loss for humanity is the currency is moralistic.
We be deep in the red between Trump, Bezos, this clown and many other “captains of industry”.
Idk, he popularized electric cars, it has to count for something. But yes, net loss.
I don’t have the whole context so I might be missing some things, but the whole thing looks to me like “look at how much money I have to burn and how much I don’t care”.
Except a lot of the investor capital wasn’t his lol
He didn’t even want to buy Twitter, just manipulate the stock price by talking about buying it. Dumbass signed too much paperwork and waived too many rights, though, and found himself obligated to buy it anyway. Pretty sure he tried to fight it and lost.
So now he’s trying to not burn all his money, but he’s fucking terrible at it, so he’s just becoming a laughing stock.
Exactly this. He made an offer publicly, which was accepted and legally binding. He overpaid substantially and proceeded to run the company into the ground.
A real socialist! Took money from the rich to give it to the poor (minded). /s
If they influence the election to their desired outcome, then the value won’t matter. The damage will have been done.
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Uhm… Yes. Like a lot.
Yes, trump has also offered him a spot on his cabinet
Yes, he gets a raging fascist boner every time someone fails to assassinate Trump because he thinks it’s the cue to go full Nazi but really he just keeps jumping the gun and making it far too obvious deeply part of Trump’s ongoing fascist takeover schemes and really not the guy we should have any significant government contracts with
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I wish, I wish… I wish I was a fish.
I wish there was an instrument other than the stock market whereby private individuals could combine their funds to perform hostile take-overs, and then manage them by pre-agreed conditions.
Like: we’re going to buy Twitter, build an AP interface on it, federate it, and operate it like a non-profit. We’re going to have a set of these S core values, with yearly votes on changes proportional to investment. No single investor can own more than T percent of shares Investors can sell their shares, or buy shares. Stock will never spilt. Management salaries, combined, can never exceed more than M% of non-management combined salaries, and run it as a Holocracy. Or, maybe, shares can only be sold to employees, who have to sell to other employees when they leave.
You know; try to design a good operating model that avoids the pitfalls of other companies, and can adapt when the model demonstrates perverse incentives. Put more thought into it than my ramblings above.
But ten billion dollars is a lot of money to put together, and the rules I’d like to see necessarily exclude the sort of profit-only driven capitalists who’d be able to contribute heavy loads, and would limit the amount that could contribute.
I may as well wish I were a fish.
I like your idea. But you’ll have to settle for being a fish.
Good news. Paraphyletic groups are bullshit that shouldn’t exist and if we get rid of them, then you actually are a fish.
Musk is and always has been an incompetent yet lucky scammer.
Twitter will be bankrupt within two years.
!Remindme 2 Years
Ho wait it’s not working here
Something tells me its value is not monetary for Musk.
While probably true, this still probably gets him all wound up.
I just checked and it’s worth nothing to anyone important.
Still this much? Damn dude cooled off
same as my GameStop shares
keep sliding
Ouch.
Couldn’t have happened to a douchier bag.
The funny part was when he said he was a free speech absolutist, but then he started restricting the free speech of people he doesn’t like
Oh, and you’ve never been a total and complete hypocrite with global consequences before?
I actually check Twitter from time to time and it is slowly dying. Ken Klippenstein was one of the accounts I was following and now he’s gone too.
The hypocrisy!