Author Topic: Elon Musk buys Twitter  (Read 30610 times)

Offline Dan

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Re: Elon Musk versus Twitter
« Reply #20 on: April 14, 2022, 10:32:17 AM »
Funding secured?
It does include 420.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

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Re: Elon Musk versus Twitter
« Reply #21 on: April 14, 2022, 11:11:10 AM »
Can he borrow that much? This is like 1/6 of his net worth. Even if Tesla stock remains stable, heíd have to sell shares regularly to pay the interest on that loan, and incur huge capital gains tax liabilities in the process.
Interest is less than 1% and he can keep pledging shares to borrow for it. The whole thing makes sense just for the appreciation in Twitter value with his name attached.

In the long run IMHO he is making a big mistake by pursuing publicity - ׳אל תתוודע לרשות׳ . Just look how Trump is bogged down with legal headaches
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר Ė יוסיף אהבה לתורה.״ - אורחות צדיקים

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Re: Elon Musk versus Twitter
« Reply #22 on: April 14, 2022, 11:39:44 AM »
Interest is less than 1% and he can keep pledging shares to borrow for it. The whole thing makes sense just for the appreciation in Twitter value with his name attached.

In the long run IMHO he is making a big mistake by pursuing publicity - ׳אל תתוודע לרשות׳ . Just look how Trump is bogged down with legal headaches
Some would say, look how Trump capitalized on his fame to become president of the U.S. and one of the most popular (and simultaneously unpopular) people in the world.

Legal shmegal, heís been constantly harassed for the last 6 years in Federal and State systems and thereís nothing anyone has to show for it. He has a few lawyers being kept busy but heís doing just fine.
Quote from: YitzyS
Quotes in a signature is annoying, as it comes across as an independent post.

Offline jj1000

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Re: Elon Musk versus Twitter
« Reply #23 on: April 14, 2022, 11:46:21 AM »
Some would say, look how Trump capitalized on his fame to become president of the U.S. and one of the most popular (and simultaneously unpopular) people in the world.

Legal shmegal, heís been constantly harassed for the last 6 years in Federal and State systems and thereís nothing anyone has to show for it. He has a few lawyers being kept busy but heís doing just fine.
2050 prediction: There will be better odds of Elon Musk becoming supreme leader of planet earth than the US president.
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Offline yos9694

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Re: Elon Musk versus Twitter
« Reply #24 on: April 14, 2022, 11:55:19 AM »
2050 prediction: There will be better odds of Elon Musk becoming supreme leader of planet earth than the US president.

At 80 years old? Maybe not such a kasha these days. But planet earth? He's more likely to be a legal resident of Mars at that point (for tax reasons)

Offline AsherO

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Re: Elon Musk versus Twitter
« Reply #25 on: April 14, 2022, 12:01:48 PM »
Interest is less than 1% and he can keep pledging shares to borrow for it. The whole thing makes sense just for the appreciation in Twitter value with his name attached.

In the long run IMHO he is making a big mistake by pursuing publicity - ׳אל תתוודע לרשות׳ . Just look how Trump is bogged down with legal headaches

He likes to make hype, but his agenda here is political, he has an issue with Twitter governance and free speech policies, the buzz/hype is icing on the cake
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Offline Ephcc90

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Re: Elon Musk versus Twitter
« Reply #26 on: April 14, 2022, 12:30:27 PM »
Interest is less than 1% and he can keep pledging shares to borrow for it.
Not necessarily true. https://www.sec.gov/Archives/edgar/data/1318605/000156459021045926/tsla-def14a_20210826.htm#PLEDGING_SHARES

I really question how heíd get the money without bringing in outside investors.

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Re: Elon Musk versus Twitter
« Reply #27 on: April 14, 2022, 12:51:43 PM »
Not necessarily true. https://www.sec.gov/Archives/edgar/data/1318605/000156459021045926/tsla-def14a_20210826.htm#PLEDGING_SHARES

I really question how heíd get the money without bringing in outside investors.
Who said he won't bring in outside investors?
I wonder what people who type "u" instead of "you" do with all their free time.

Offline Sam 77

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Re: Elon Musk versus Twitter
« Reply #28 on: April 14, 2022, 01:10:01 PM »
Big decision happening at 1pm est.

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Re: Elon Musk versus Twitter
« Reply #29 on: April 14, 2022, 01:27:26 PM »
Feelings don't care about your facts

Offline Ephcc90

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Re: Elon Musk versus Twitter
« Reply #30 on: April 14, 2022, 03:59:42 PM »
Who said he won't bring in outside investors?
Who? Itís not like he runs a PE or VC shop? And a strategic certainly doesnít need him.

So whereís he getting 10s of billions from if canít put it up himself and canít borrow it?

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Re: Elon Musk versus Twitter
« Reply #31 on: April 14, 2022, 04:19:28 PM »
Who? Itís not like he runs a PE or VC shop? And a strategic certainly doesnít need him.

So whereís he getting 10s of billions from if canít put it up himself and canít borrow it?
I'm sure plenty of funds would invest with him. I'm not sure why you're so sceptical.
I wonder what people who type "u" instead of "you" do with all their free time.

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Re: Elon Musk versus Twitter
« Reply #32 on: April 14, 2022, 04:30:22 PM »
2050: Given his straightforward readiness to embrace anything he comes across and thinks is right, Elon Muskowitz will be a Yerushalmi Jew living in obscurity in Me'eh Shearim.

Offline Ephcc90

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Re: Elon Musk versus Twitter
« Reply #33 on: April 14, 2022, 04:46:58 PM »
I'm sure plenty of funds would invest with him. I'm not sure why you're so sceptical.
Okay, which ones? Iím not aware of a funds that would write 10 billion dollar checks (and you would need multiple funds to get to the necessary cash).

I work in the space and all the funds Iíve seen have limitations on the size of a particular investment so no fund is calling all their capital to hand it over to Elon. Besides, if you canít use leverage, it would absolutely kill their returns. And for what, Twitter??

The only possible way I see is to get one of the Middle East sovereign wealth funds (who actually can write a 50 billion dollar check) but the chances of that happening are laughable.

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Re: Elon Musk versus Twitter
« Reply #34 on: April 14, 2022, 05:56:42 PM »
The only possible way I see is to get one of the Middle East sovereign wealth funds (who actually can write a 50 billion dollar check) but the chances of that happening are laughable.
Why? Trump basically lost because of his using Twitter.

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Re: Elon Musk versus Twitter
« Reply #35 on: April 14, 2022, 06:15:55 PM »
Quote from: YitzyS
Quotes in a signature is annoying, as it comes across as an independent post.

Offline AsherO

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Re: Elon Musk versus Twitter
« Reply #36 on: April 14, 2022, 08:08:27 PM »
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Offline yos9694

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Re: Elon Musk versus Twitter
« Reply #37 on: April 15, 2022, 07:56:23 AM »
Has he never heard of Al Jazeera?

Offline Ephcc90

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Re: Elon Musk versus Twitter
« Reply #38 on: April 18, 2022, 04:34:54 PM »
Apparently, an LBO is possible, which opens the door for PE money. https://www.ft.com/content/c52aea67-9e6a-4e04-adc2-744bc4e0b738



Offline Dan

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Re: Elon Musk versus Twitter
« Reply #39 on: April 20, 2022, 12:11:12 AM »
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.