𝕏 / Twitter / X, the Social Media Platform Formerly Known as Twitter / "MUSK OWNS TWITTER"

[MasterCornstalk]

a loser neck beard of man has his take. It’s the usual bullshit.

 

[SBG]

Not sure I've ever listened to Tim Pool for more than a couple minutes and he sounds completely ignorant of stuff we could read here.

Tim argues at one point that Elon knew ahead of time that there'd be a recession, which would mean he wanted to lose the money from selling Tesla stock when its value dropped and then buy Twitter when would, according to Tim, lose even more value?

Whole thing is such a weird mixture of poor reading of the facts and memes about Elon being a genius wanting free speech.

 

[Oxyjen]

Never going to happen but still: lol

 

[Puff]

View attachment 3509146
Never going to happen but still: lol

How do they propose that would happen?

 

[moocow]

View attachment 3509146
Never going to happen but still: lol

My god how do these faggots survive drinking so high concentrations of copium in one sitting like this?

 

[Two Dollars]

View attachment 3509146
Never going to happen but still: lol

DRUMPF MUSK IS DONE, IT’S OVER FOR HIM

 

[ForTheHoard]

How do they propose that would happen?

The judge is going to rule that being rich is unconstitutional and that his assets must be redistributed in a way that is equitable and fair to his BIPOC slave employees. Shortly after, the attorneys and court staff will stand up and clap.

 

[SBG]

My god how do these faggots survive drinking so high concentrations of copium in one sitting like this?

Think they're going off of the idea that the chancery court technically has the power to imprison people until they comply with their demands. Nice for a clickbait headline.

https://archive.ph/Mk2XH

Hold a person in contempt, which can lead to prison​

The Delaware Chancery Court is "expressly" authorized to not only hold someone in contempt for disobeying an order, but to imprison someone for doing so, Miller said.
The court would "not start with prison," but that it is a possibility should an order come down against Musk and he repeatedly refuses to comply.
However, the other powers the court has to force him to do so, along with pressure Musk would get from his own legal team to comply, will most likely mean the court "won't need to" resort to that, according to Miller.

 

[AnOminous]

Think they're going off of the idea that the chancery court technically has the power to imprison people until they comply with their demands. Nice for a clickbait headline.

Not technically, really any court of competent jurisdiction can exercise the contempt power to enforce their orders. The idea Musk would just continue defying the order past the point where they started daily fines, etc., and just let them throw him in jail is ridiculous.

The worst he's looking at is being ordered to buy at the original price. More likely he's ordered to buy at a somewhat reduced price if his allegations about the accounts are true, and he has a reasonable shot at that. If he's able to show actual fraud in the inducement, he might get the contract rescinded entirely.

So far, though, the procedural victory of taking it to an early trial is at least mildly favorable to Twitter. It doesn't necessarily indicate an inevitable victory, but it does indicate the court is not having any of his shenanigans attempting to tie the case up in procedural knots.

Also as predicted, Twitter has cited Musk's repeated statements that he intends to clean up spam bots on Twitter as proof that he was, in fact, aware of this issue and it is purely a pretext to justify pulling out. He has an uphill climb proving it is somehow so much worse than he knew that he was hornswoggled, despite being an immensely sophisticated investor.

He could also argue material breach, and a material breach at the outset is often cause for rescission. I.e. part of the deal was them providing him full information on the accounts, and they immediately reneged on that rather than carrying out their end of the deal. Again, it's a tough argument.

 

[Synthetic Smug]

https://twitter.com/disclosetv/status/1549433744385269760

we got a case.

Huh. Just a few weeks before midterms. I wonder if anything interesting will turn up.

 

[AskeDead]

he was never going to buy it, it was just an easy way to dump tesla stock before it crashed. he's a grade-a conman and you're a fucking retard if you still buy into his shit

 

[AnOminous]

he was never going to buy it, it was just an easy way to dump tesla stock before it crashed. he's a grade-a conman and you're a fucking retard if you still buy into his shit

Well he's fucking retarded if he signed a contract to do it when Chancery routinely deals with cases involving failure to perform on a purchase agreement.

 

[Kevin Grumbles]

he was never going to buy it, it was just an easy way to dump tesla stock before it crashed. he's a grade-a conman and you're a fucking retard if you still buy into his shit

He could have done any number of other investments that could have gone far better for him if he wanted to dump the stock than screw around with Twitter. Why wouldn't he instead have just dumped it all into land purchases, which he could justify in ANY manner of ways, that would be worth more in the long run?

I don't fully trust the guy, nor should anyone, but I'm inclined to give him slightly more credit that whoever first came up with this nonsensical take.

 

[Puff]

he was never going to buy it, it was just an easy way to dump tesla stock before it crashed. he's a grade-a conman and you're a fucking retard if you still buy into his shit

Ok, I'll bite. What's he trying to con me out of?

 

[AskeDead]

Well he's fucking retarded if he signed a contract to do it when Chancery routinely deals with cases involving failure to perform on a purchase agreement.

yes, elon is retarded. this has been known.

He could have done any number of other investments that could have gone far better for him if he wanted to dump the stock than screw around with Twitter. Why wouldn't he instead have just dumped it all into land purchases, which he could justify in ANY manner of ways, that would be worth more in the long run?

I don't fully trust the guy, nor should anyone, but I'm inclined to give him slightly more credit that whoever first came up with this nonsensical take.

because he's fucking retarded and it was an ego play for him. man is like 50 and posting reddit memes on twitter, why do you expect anything bright from him?

Ok, I'll bite. What's he trying to con me out of?

who said he's trying to con you out of something?

 

[Puff]

who said he's trying to con you out of something?

Then why should I care that he's a conman?

 

[Kevin Grumbles]

because he's fucking retarded and it was an ego play for him. man is like 50 and posting reddit memes on twitter, why do you expect anything bright from him?

I'm not saying successful people aren't capable of doing something extremely retarded, but odds are if his literal ONLY goal was dumping some stock there's a million other ways he could have done it that would have barely caused a ripple for a day or two before people moved on.

It's more likely that, while he knew there was some level of bullshit with Twitter, he didn't realize just how deep it was until he sank up to his neck in it and is playing for a cheaper price due to the people chipping in the loans finding themselves waist deep in it as well. With how desperate Twitter is for the buy, he probably has a reasonable shot at it, too, but this "Hurr durr he publicly fucked a beehive so everyone would stare at him while he offloaded stock for a secret purpose and I totally figured it out because I'm smarter" is the kind of take I'm here to laugh at, not adopt for myself.

 

[Puff]

I'm not saying successful people aren't capable of doing something extremely retarded, but odds are if his literal ONLY goal was dumping some stock there's a million other ways he could have done it that would have barely caused a ripple for a day or two before people moved on.

It's more likely that, while he knew there was some level of bullshit with Twitter, he didn't realize just how deep it was until he sank up to his neck in it and is playing for a cheaper price due to the people chipping in the loans finding themselves waist deep in it as well. With how desperate Twitter is for the buy, he probably has a reasonable shot at it, too, but this "Hurr durr he publicly fucked a beehive so everyone would stare at him while he offloaded stock for a secret purpose and I totally figured it out because I'm smarter" is the kind of take I'm here to laugh at, not adopt for myself.

My guess is that he may or may not have known, may or may not have intended to buy at his full meme-price, but there's an opportunity to drive the price down so he's gonna take it.
Either that or he doesn't give a shit about money anymore since he done won the game of accumulating wealth and is just fucking around now.

 

[Kiwisee]

What are the chances this could kill Twitter at this point? I’m thinking low chance

 

[Back me up!]

What are the chances this could kill Twitter at this point? I’m thinking low chance

If he is forced to buy it he is gonna do SOMETHING with twiiter. Probably strip the workforce down to just some engineers, figure out a way to reduce the bots, and start shitposting with it.

If he brings back the wild and free twitter he might actually get the user base back up.