DrEvil » Tue Jan 24, 2023 5:55 pm wrote:I'd heard about his daughter telling him to fuck off, but not that she was transgendered. It all makes sense now.
It's pretty obvious he almost immediately regretted his decision to buy Twitter and that it was a spur of the moment thing. He spent the next six months doing everything in his power to wiggle out of it, but since he waived his due diligence rights (which, holy shit, is monumentally stupid on a 44 billion dollar purchase) he had to pony up the cash and go through with it.
His only hope now is that AT&T buys it for 100 billion.
It's very difficult for forbes rich listers to selldown stock. they need a double-narrative to do it so they don't spook holders while they bleed them. gates and bezos got divorced and funneled it into their foundations through their ex-wives. elon put his tesla stock up as collateral to buy twitter so morgan stanley could force him to sell without him actually selling. the guy basically has privatized nasa in spaceX and now has political influence with twitter.
the alternative narrative was "elon musk liquidates holdings at the expense of his loyal investors". tesla is a ponzi scheme and this his escape hatch. he can IPO spaceX and make another 50 billions.