Come on Titans Posted May 13, 2022 Report Share Posted May 13, 2022 Musk shelves $44-billion Twitter deal 'temporarily', shares slump "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk told his more than 92 million Twitter followers on Friday. https://news.yahoo.com/musk-says-44-billion-twitter-095443759.html pat 1 Link to post Share on other sites More sharing options...
pat Posted May 14, 2022 Report Share Posted May 14, 2022 This reminds me of that time in high school where a friend overdrew his bank account. The ATM kept giving money, so he took out as much as he could and bought a new stereo for his car. He was so gleeful at the time. About a week later got his statement. We asked where his radio went and he looked like a sad puppy. Number9 1 Link to post Share on other sites More sharing options...
AJClown Posted June 4, 2022 Report Share Posted June 4, 2022 (edited) On 5/13/2022 at 1:05 AM, Starkiller said: https://www.cnbc.com/2022/05/12/twitter-market-cap-has-dropped-to-9-billion-below-musk-purchase-price.html As Elon Musk pursues ownership of Twitter, shares of the social media company are dropping, suggesting some concern among investors that the deal won’t reach the finish line. Twitter has slid nearly 13% since reaching its high for the year in late April. As of market close on Thursday, the stock traded at $45.08, well below the $54.20 that Musk agreed to pay on April 27. The difference represents more than $9 billion in market value. Though Twitter’s board approved the purchase, it could still take months for the deal to close, and there’s no guarantee that it will. Musk would have to pay a $1 billion breakup fee should he choose to walk away. The Tesla CEO is worth more than $220 billion. Elon as an engineer I'd give him high marks. As a CEO he's a train wreck. He's immature and reactionary, the worst type of person to be leading that large a company. Two big examples: calling one of the people who rescued Thai children from the cave a 'pedo'. Sure the guy criticized Elon first, but CEO's need to be a little more grown up than Elon's response would indicate. The other example was his assertion last year that Tesla's stock price was too high. That is boldfaced stock manipulation and an irresponsible attack on the capitalization of Tesla. If I was an investor I'd be screaming for his head. If Tesla's board wasn't populated by his friends and relatives he'd likely have been replaced by now. Edited June 4, 2022 by AJClown Link to post Share on other sites More sharing options...
Starkiller Posted June 4, 2022 Report Share Posted June 4, 2022 4 minutes ago, AJClown said: Elon as an engineer I'd give him high marks. As a CEO he's a train wreck. Musk isn’t an engineer. He hires engineers. Link to post Share on other sites More sharing options...
Jamalisms Posted June 4, 2022 Report Share Posted June 4, 2022 Musk is a salesman and a hype man. That's about it. If anyone pays attention, he often over promises and under delivers. Dude bought Tesla. He didn't invent shit. 9 Nines 1 Link to post Share on other sites More sharing options...
AJClown Posted June 4, 2022 Report Share Posted June 4, 2022 (edited) 6 hours ago, Starkiller said: Musk isn’t an engineer. He hires engineers. It depends what you define engineering as. If you only consider the legal definition of "Can he call himself an engineer on paperwork, based on a bonded license from the state?" then no, he is not an engineer. But I think engineering goes beyond that. Take Joe Barnard for example. He has a degree in music, but also is the sole mind behind BPS Space, developing and implementing the software, hardware, and mechanical systems for thrust-vector controlled rockets in addition to tons of other rocketry-control systems. I'd consider what he does to be engineering, in fact, I'd consider him to be a better engineer than many "real engineers" I've worked with. But is he not an engineer just because he doesn't have a piece of paper saying so? The same goes for Elon. Especially in the early days of SpaceX, he had a lot of technical input on the design direction the company took. Just because he has the wrong piece of paper doesn't mean the engineering work he did wasn't engineering. Edited June 4, 2022 by AJClown Link to post Share on other sites More sharing options...
Popular Post Atlas Posted June 6, 2022 Popular Post Report Share Posted June 6, 2022 On 6/4/2022 at 3:56 PM, AJClown said: It depends what you define engineering as. If you only consider the legal definition of "Can he call himself an engineer on paperwork, based on a bonded license from the state?" then no, he is not an engineer. But I think engineering goes beyond that. Take Joe Barnard for example. He has a degree in music, but also is the sole mind behind BPS Space, developing and implementing the software, hardware, and mechanical systems for thrust-vector controlled rockets in addition to tons of other rocketry-control systems. I'd consider what he does to be engineering, in fact, I'd consider him to be a better engineer than many "real engineers" I've worked with. But is he not an engineer just because he doesn't have a piece of paper saying so? The same goes for Elon. Especially in the early days of SpaceX, he had a lot of technical input on the design direction the company took. Just because he has the wrong piece of paper doesn't mean the engineering work he did wasn't engineering. Caught you again!! LMAO! Got any original thoughts orrrrrr?? IsntLifeFunny, Jerry Blair, Jamalisms, and 3 others 5 1 Link to post Share on other sites More sharing options...
pat Posted June 6, 2022 Report Share Posted June 6, 2022 And no, musk is not a software engineer either. Link to post Share on other sites More sharing options...
Number9 Posted June 6, 2022 Report Share Posted June 6, 2022 On 6/4/2022 at 2:56 PM, AJClown said: It depends what you define engineering as. If you only consider the legal definition of "Can he call himself an engineer on paperwork, based on a bonded license from the state?" then no, he is not an engineer. But I think engineering goes beyond that. Take Joe Barnard for example. He has a degree in music, but also is the sole mind behind BPS Space, developing and implementing the software, hardware, and mechanical systems for thrust-vector controlled rockets in addition to tons of other rocketry-control systems. I'd consider what he does to be engineering, in fact, I'd consider him to be a better engineer than many "real engineers" I've worked with. But is he not an engineer just because he doesn't have a piece of paper saying so? The same goes for Elon. Especially in the early days of SpaceX, he had a lot of technical input on the design direction the company took. Just because he has the wrong piece of paper doesn't mean the engineering work he did wasn't engineering. iow, you used the term engineer in this case to be like saying Henry Ford built cars. Got it. But, as this is TR-you needed four paragraphs to explain it making sure you covered all the bases. Link to post Share on other sites More sharing options...
Number9 Posted June 6, 2022 Report Share Posted June 6, 2022 25 minutes ago, Atlas said: Caught you again!! LMAO! Got any original thoughts orrrrrr?? wtf~ What is going on here? Link to post Share on other sites More sharing options...
'Nator Posted June 13, 2022 Report Share Posted June 13, 2022 Is this weird pussy buying Twitter or not? Link to post Share on other sites More sharing options...
Jamalisms Posted June 13, 2022 Report Share Posted June 13, 2022 Nobody knows. He seems to be trying to transition into a hardcore right wing wacko, so maybe he's just trolling the libs. Link to post Share on other sites More sharing options...
9 Nines Posted June 14, 2022 Report Share Posted June 14, 2022 (edited) He tre a bull. Edited July 9, 2022 by 9 Nines Link to post Share on other sites More sharing options...
9 Nines Posted July 9, 2022 Report Share Posted July 9, 2022 https://www.wsj.com/articles/musk-says-he-is-terminating-twitter-deal-11657315905?mod=hp_lead_pos1 Elon Musk Seeks to Abandon $44 Billion Twitter Deal SleepingTitan, and OILERMAN 2 Link to post Share on other sites More sharing options...
Downtown Posted July 9, 2022 Report Share Posted July 9, 2022 This will be fun to watch unfold. Twitter has documentation to validate Musk’s first offer at roughly $52 per share, BEFORE he added the spam/bot qualifier to the deal. Musk also assured his followers that the deal was going through when it was around $44 per share. It would be the largest clowning of the retail trading sector that has ever happened if he’s allowed to back out. I personally hope he has to buy it at $52 per share, costing him billions and simultaneously putting the nail in the coffin of Truth Social. Link to post Share on other sites More sharing options...
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