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I am 100% sure that if the stock market rallies back to March levels all this nonsense would disappear and Musk simply buys Twitter for the agreed upon price of
by Bubble_Pop_22 4y ago
I am 100% sure that if the stock market rallies back to March levels all this nonsense would disappear and Musk simply buys Twitter for the agreed upon price of 54$
Musk is the perfect CEO for our era, this guy doesn't brush his teeth unless the stock market gives him a solid round of applause accompanied by a 10$ rally in TSLA stock price.
Behind all the boldness and bravado there is a constant need to re-assured that his decision is the best decision. Warren Buffett on the other hand salivates every time the stock market goes down, rooting for it to go down at times so he can buy shares in the companies he believes in.
- Clubber 4y agoOr maybe Musk took the billions set aside for funding to short the stock to get the rest of the funding. We don't know what's going on behind closed doors. I would assume he knows more about investing than you are giving him credit for.
- ImPostingOnHN 4y agoI would, on the other hand, NOT assume that, since I have not seen enough data to support such a bold assumption
- bayareabadboy 4y agoBut why is spacex private then? And Didn’t Tesla and spacex almost both go bankrupt in 2008?
- JaimeThompson 4y agoIf the email that came out right after Thanksgiving last year was accurate then there is a decent chance that Raptor 2 engine development might bankrupt SpaceX which makes him spending so much on Twitter when his dream is SpaceX / Mars / space travel a bit strange.
- HWR_14 4y agoDo you have a source, or at least a good set of keywords to google?
- JaimeThompson 4y agoHere you go https://www.cnbc.com/2021/11/30/elon-musk-to-spacex-starships-raptor-engine-crisis-risks-bankruptcy.html https://www.cnbc.com/2021/11/30/elon-musk-to-spacex-starship... It's really bad management to send such an email the day after Thanksgiving to.
- HWR_14 4y agoAh, thanks. I wonder what degree he believes that SpaceX is in trouble vs. just not thinking people should take holidays off.