Elon Musk’s Twitter Bid and the Dangers of Billionaire Whimsy

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Elon Musk’s Twitter Bid and the Dangers of Billionaire Whimsy
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Is Elon Musk making a serious corporate offer, or was he just bored?

Am I allowed to say billionaire whimsy? When you’re a billionaire the world doesn’t work the same way that it does with everyone else. He has $200 and some billion. Why not? It’s a toy. He gets to play with it.

It’s, I think, the only way that he can do whatever he wants in that way. Owning 9.2 percent of Twitter certainly does not give him the ability to bring Trump back. Owning 100 percent of Twitter certainly does.Let’s go through the steps that it would take. He has made this offering to buy these outstanding shares. What happens?vague funding contingencies. Elon is basically saying, “I’m offering this, but only if I can get a mortgage.

People care, but it’s far from clear where they’re going to turn to. I mean, they’re not going to go Truth Social. One of the reasons why Twitter has lasted as long as it has is because it’s Twitter. There’s no other alternative to it.Even though it’s a small company? It’s nowhere near the size of Facebook.

guess it’s the punching-above-its-weight part that I’m getting at, because you’re right: There is no other option.

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