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I also believe that Musk will walk away and the stock will tank. Musk’s recent stock purchase and discussion about joining the board made the price jump signif
by maxlybbert 4y ago
I also believe that Musk will walk away and the stock will tank.
Musk’s recent stock purchase and discussion about joining the board made the price jump significantly. You’re right that there’s no obvious reason that his involvement should change Twitter’s value, but the market appears to think otherwise. If he walks away, at a minimum, I would expect that the stock price will drop to what it was before he started playing around.
But if he walks away, I believe he’ll also do something to make the stock drop more. For instance, he’ll stop Tweeting, which should have a measurable impact on the number of people actually using Twitter regularly.
- Waterluvian 4y agoThanks. That makes sense and I see it now.
- gnicholas 4y ago> For instance, he’ll stop Tweeting, which should have a measurable impact on the number of people actually using Twitter regularly. There are that many people whose engagement depends entirely upon whether Elon Musk is actively tweeting? I don't use Twitter much, but that seems pretty amazing if true.
- burnished 4y agoYou might be imagining the wrong model, its not the people that'll leave if Elon Musk does, but the entire cesspool around repackaging hot takes and reactions to his actions and tweets goes away too. I have a feeling its a lot of content that would dry up.
- stephen_g 4y agoI’ve muted him, and I’m sure many other people have. Honestly if he leaves and that makes some of his fans leave too, I don’t see how that would do that much except for slightly raise the quality of conversations across the board!
- lazyjones 4y agoThey might sell 100% to someone else before that happens, like Microsoft or the Saudis.