• Musk making some statements in favor of free speech that seem sort of antagonistic to liberals (woke etc)

    Is this the best plan to keep an inclusive, pluralistic platform?

    #Musk #Twitter
  • Big follower number changes day after Musk bought Twitter

    Obama down 300k, Katy Perry down 200k. A Republican congresswoman and Jair Bolsonaro of Brazil went up 100k followers.

    They said this was caused by organic changes (left wingers leaving platform, right wingers joining).

     
  • Does Twitter becoming private make it more competitive versus FB, Snap, etc?

    Mark Mahaney of Evercore: "I think Musk is doing something that a lot of investors should do which is that there's a lot of really good tech assets out there that are at very low prices. Yes, Elon Musk offered a 50% premium but it was on a stock that was off 50% since it's highs."

     
  • Musk bought Twitter

    I didn't create a new Twitter account. From his first tweet, I didn't feel pulled back for any reason or anything.

    Someone wrote: "I’m not worried about the “rich guy who owns #Tesla now owns @Twitter. But I am at least slightly concerned that the guy who owns @neuralink and founded @OpenAI now owns the information graph on 300+ million users."

    Perhaps this will shake up social media though, which has been stagnant and widely hated (while being enjoyed) for years and years. We haven't seen any new activity, types of social media, companies, stances toward users and rights, we've just seen new more potent attention-retaining algos like Snapchat and TikTocks viral video streams.

    He bought it for $44b (a value of $54.20 per share).

    Analyists have said there is no downside to his investment, since the Board has done basically nothing since the 2013 IPO, and unlimited upside.

    That he'll attract lots of talent to fix the problems, since everyone wants to work for Musk.

    He has said that he wants the most extreme right and extreme left to both be equally unhappy on the platform. That moderates might want to come back.

    People don't think Musk will want to be CEO. He has a lot of suits to chose from in his other companies, competent people who will just never become CEO where they are.

    Some are saying this will be bad for the Woke movement / people.

    Several social media personalities, celebs, athletes expressed they were happy because they'd been shadowbanned or wanted more free speech.

    Josh Brown, who left Twitter even though he had a million followers, commented saying big celebrities who've left (Kardashians) aren't coming back. There's no way to bring them back. The bigger your account get the more the experience isn't good. Who wants to open up the app in the morning and see 50 negative things said about them? Some people will stay, people who have very thick skins or basically invite controversy.

    Someone tweeted, and Bezos resplied to it, that China may have gained leverage over public discussion, since it can withhold something Tesla needs unless Musk does what it wants on Twitter.

    Some have said Don't fool yourself he did it because he sees sure financial gain. This seems unlikely to me. But also reasonable. Some have talked recently about what will happen when Republicans retake the US government. It might happen in 2 years, or in 6, but sometime it will happen. After Biden was elected and Trump was still in office, most BigTech social media, including Twitter, banned President Trump and other Republicans. What do you think will happen to those companies when a Republican is in office again? The actions taken against SM will be at least in name taken for 'freedom of speech.'

    Musk may expect this will happen in 2 years, given the unpopularity of Biden. Also, this year is midterms (in November), when all the House faces reelections for their 2-year terms, and lots of the senators. The uncertainty of a midterm year traditionally has a downward effect on markets.

    Stock went up 6%. Price per share now is $52.87.


    His first tweet after buying it, and a Bezos tweet a little later.



     
  • Musk tweeted "Love me tender" with music notes

    People think he'll make a tender offer. He has to show he has sufficient funds, though. There are no competing offers, so analysts say if he has the money he'll own Twitter.

  • Musk bought like 10% of Twitter stock

    Stock rose 25%. It went down a bit in the following days, but is still up significantly.

    A few days earlier he engaged with the public on his Twitter, asking about if Twitter respects democracy and stuff and what should be done, and people wondered if he might buy a majority in Twitter for a few billion.

    A few days after buying his 10% in stoc, he offered to buy all of Twitter for like $40b or something. It wasn't accepted. News is discussing it.

     
  • Musk says his Starlink internet service up and running in Ukraine

    ... after the Ukraine govt contacted him and asked.

    It had been planned to happen in 2023.

    You need a dish and router to connect, though.

    It's been called by some commentators "a perfect situation for this."

    Not an individual level solution, but one that can be controlled by governments, apparently. Also one that Ukraine's government would be indebted for getting.

     

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