If you are a shareholder of Twitter this is your: “I’m going to make them an offer they can’t refuse” moment. Elon Musk’s offer is your best chance to make the best possible profit on your investment. You don’t have to deal with any of the drama that’s been going on, you don’t have to take sides, you can just cash out and leave it to someone else to deal with. On the minus side if you choose not to take this price, twitter shares will tank faster than CNN+ Unless of course another billionaire decided he’s willing to offer 60+ Billion instead in order to keep those who support free speech silenced then you can sell to either and then watch it tank
Over to you George Soros.
What’s really funny about this is that even if people who hold a solid third of Twitter decide not to sell because they want twitter to remain a gatekeeper against “hate speech” (which they define as: “Any speech I hate”) Musk can still end up with 51% of Twitter and once he does he will have the controlling interest which will give him the power to make changes without taking the company private.
It’s really a lose/lose situation for these folks.
According to some estimates the offer that Musk as made for twitter represent between 1/6 & 1/8 of his estimated net worth. That’s a ton of money to spend on something like this but it reminds me of what a friend of mine Author Tim Imholt (who used to blog here as DaScienceGuy many years ago has told me about rich people from experience. They tend to have much more money then they know what to do with so it’s no big deal.
If Musk loses his entire investment or even half his net worth on this venture he’ll be reduced to living a life more comfortable than nearly every human that has ever existed since the dawn of time. Their only troubles are the ones they make for themselves
Two comments on that fact
- Pretty much all of the rich in this period of history are in the same boat in terms of comfort
- This is why Christ warns about how hard it is for a rich man to enter the Kingdom of Heaven. When you can have all you want at any time and are used to getting it it’s hard to remember the wages of sin when there is absolutely no resistance if you want something sinful
While it’s been a lot of fun watching the left fall apart over this we who are enjoying it should remember something.
None of this means that Elon Musk is a conservative, who recognizes conservative values, supports conservative causes or share our political, religious or cultural views.
It only means that he agrees with us on free speech.
There is also no guarantee that a Musk controlled Twitter will not decide to go off on a nasty direction in the future.
It will be what it will be but it’s worth remembering Musk isn’t the Messiah, it remains to be seen if he’s a just a very naughty boy.
Finally The left’s unhinged reaction to this shows how weak their arguments are as they have no confidence that they can survive in a game that isn’t fixed. However let me note a bright side to this for them.
If Musk is successful in his takeover Trump’s “Truth” shares will tank faster than twitter share will if the takeover fails. Also other platforms like Gab will also be severely impacted by a Twitter that isn’t driven by ideology.
I suspect we will see a lot of stories on how this screws Trump if it happens because the left will need a narrative to keep them from jumping.
Cue Eric Idle in an iconic and ironic video for Good Friday
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