"I fucking hate you and wish you'd get hit by a bus"
Five minutes later: "Please don't leave babe... I love you..."
Dude is not well.
Yeah I just watched the clip and he seems legitimately unhinged. "Earth will judge them."
I mean what the heck, honestly.
but muh 20-d chess
What a fucking clown. Shareholders should be holding him personally liable for tanking the company.
He bought it so he's the only shareholder. It's not publicly traded anymore.
He's not the only shareholder though.
First off, they didn't pay $44bn, that number includes a $13bn loan that Twitter took out to buy itself on behalf of the new owners. Musk paid ~$27 including fees, $20bn of this was Tesla stock (which since shortly after has been underperforming), then $5bn was other investors, including that Saudi Prince.
Edit: there was also Musk's existing shares, which iirc was around $2bn, but I think that's included in the $27bn - so his payment was something like $25bn, made up of $20bn in stock and $5bn in cash. /e
Musk is the majority owner, owning roughly around 26/31 of the value. However he isn't the only shareholder.
In any case the leveraged buyout has been structured with the intent of killing the business. There was never any sincere hope of paying off the $13bn debt, and the intent was all but proven when they almost immediately stopped paying rent on their offices. This might not have been the goal along, but since Musk was forced to make the purchase that's what it turned into.
The banks that finaced him are extremely furious though.
They should learn not to give someone free money just because they have money already.
"it could kill my company"
That's the point
Best case scenario
keep it going musk, I want to see that company burned to the ground 🔥
The best thing for the Fediverse has been Musk cannibalizing twitter with ever decision he makes it seems.
Twitter imploding -> People finding Mastodon as an alternative -> People discovering federation as an alternative to walled garden social media
Well, as dumb as this was (and it was very, very dumb), I found myself distracted by just how... weird he looked. Not just his face, which reminded me of Lady Cassandra from Dr Who ("Moisturize me, moisturize me!"), but his weird, jerky movements, and just his general vibe. He's like the personification of the uncanny valley. Eggar-from-MiB "get me sugar water" lookin' ass. If someone were to come out with a tell-all saying that Musk had been secretly replaced by aliens, I wouldn't even be terribly surprised at this point.
It's always fun to play is he weirdly out of touch because he's a billionaire or is he weirdly out of touch because he's autistic. I think this might be a bit of both.
Hand gestures don't come naturally to everybody. Some people learn them just to fit in and some try and evoke the same emotions from them without understanding the emotions or the motions completely because they're just not physically capable of connecting those brain synapses. Add to that the fact Elon doesn't hang out with normal people. He only hangs out with engineers and sycophants. So he doesn't get to naturally see people in their everyday environment. He only sees people acting in videos and then he tries to imitate that and the sycophants and engineers around him applaud him. The dumb shit he says gets retweets so he thinks everyone agrees. Then he goes out into the real world and continues parroting this end stage meming with gestures he learned from Hitler speaches, not realizing the jerky movement was due to low frame rate and high meth rate, and is stun locked when everybody else is trying to figure out what the fuck is happening. And what the fuck is happening is that we are witnessing a man who is so far up his own ass that even basic hand gestures are oddly shitty.
He claims to be autistic. As far as I know, there has never been a formal diagnosis. But he sure does like to use it to excuse the things he says and does.
This is the free market at work, not black mail like he claims.
Yeah, they seem to have problem understanding that businesses want to make money, and you make the most of it, if you preferably don't exclude any. They don't give damn about anything else.
Did someone actually watch the interview? He just looks like an overgrown kid trying to make others in the classroom laugh... That would have been funny if it was not pathetic...
Holy smokes! I just watched it, he doesn't hardly even look at the interviewer, he's constantly looking at the audience and trying to get a reaction. I take it back what I said earlier, I was far more mature then him when I was in 8th grade. The interviewer is having a hard time with someone so cocky and stupid.
“That is what everybody on Earth will know,” he said. “We’ll be gone, and it’ll be gone because of an advertiser boycott.”
Oh no, not at all, dear ... everybody on Earth is perfectly aware that it is YOU who is killing the company. Twisting the narrative to feel better within yourself ain't gonna change the fact. Why would any advertiser worth a damn, want to be associated with Stormfront 2.0?
everybody on Earth will know
hahaha holy shit, he believes. he really believes his own shit. he really views "X" as being of planetary importance. he's actually living in his daydream, where Mars (by his hand) and Earth are networked (by him) and his "X" has somehow supplanted the Internet and spans between planets. his principal operating perspective is a delusion. wow. like, all the time.
It is hilarious to me how this guy thinks he is entitled to have advertisers on his platform. I don't understand why he thinks he can coerce them back with insults and claiming they will bankrupt his company. Why do they have any responsibility to save your rotten company? Delusional!
Typical conservative victim mentality. It can't be a result of his actions, no. It's not his fault the company is crashing and burning. It's those darn blackmailing advertisers!
In 7th grade, many years ago, my school had an excited young teacher who convinced management to let them teach a Logic class. I can’t even remember if the teacher was male or female, but I use the shit I learned in that class constantly, particularly the fallacies and biases we memorized (and then promptly weaponized against teachers, parents, and pastors).
When billionaires attribute their success entirely to their own virtues, skills, or talents, and blame others or external circumstances for their failings, they are demonstrating a self-serving bias, a specific form of the fundamental attribution error. They fail to acknowledge external factors like market conditions, socio-economic advantages, or the efforts of their teams that may have contributed to their success. Conversely, they externalize blame for failures, ignoring any personal shortcomings or misjudgments.
He's just using abusive partner/parent tricks to manipulate people. I doubt they have any real basis in logic.
So he's not even trying to control the damage anymore, huh? Just decided he might as well finish flushing the last 20 billion?
Good fucking riddance.
We’ll be gone
Don't threaten me with a good time...
This cunt wearing dogtags...
I hope he needs them.
Edit: they're Israeli dog tags... Woooow...
Jewish people are funding causes meant to “annihilate” them
This is what happens when your CEO overdoses on his own farts.
No real loss if it does die.
Why the fuck would advertisers want to pay to have their products advertised and inevitably associated with the shit on there?
I hope the boards of Tesla and SpaceX are paying attention. Once Xitter goes down in flames, he'll be looking for the next project to micromanage into bankruptcy.
Elon made deals w/ hedge funds to funnel him money as they shorted the stock (not to mention 100x leverage derivatives against Twitter).
Since canceling his PR team, Elon's entire MO has been to run it into the ground in a manner that seems plausible to the SEC so he doesn't get out-right sued.
He just isn't this stupid, whether you want him to be or not.
"Fuck you" to his advertisers seems like a fairly on-brand way to telegraph his true intentions.
He's the primary owner of the private shares. The shares are not publicly traded. None of what you said makes any sense.
There are no twitter stocks, you can't buy or sell them, and therefore can't short them, since you need to borrow them to do just that. This could work if Elon had some percent of the company, so other people's money would enter the equation, but right now it is not possible.
I'm a little confused by this comment, Twitter isn't a publicly traded stock anymore?
Unless you mean he made deals with them before he BOUGHT twitter (for well beyond market value), meaning the hedgies would be taking a loss....?f
edit: that doesn't preclude the possibility he's tanking the company so he can declare bankruptcy to get out of his loans, but that doesn't involve conspiring with hedge funds, it's just a different kind of financial fraud
You mean he kissed Netanyahu's ass for nothing?
Not for nothing. His Nazi fans loved it. And all he seems to care about now is what they think.
Lol dude is falling apart
Why is he calling the act of people not using his shitty product a boycot?
Persecution fetish. It's a prerequisite for all MAGA trash
Plus it's buzzwords to rile up and gain favor with the authoritarian chuds who speak on the court of public opinion
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