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Eh, Musk will 100% make money on Twitter. All of these moves aren’t meant for you. They’re meant for the stock market, which has lived in an alternate reality f
by spaceman_2020 3y ago
Eh, Musk will 100% make money on Twitter. All of these moves aren’t meant for you. They’re meant for the stock market, which has lived in an alternate reality for the last few years.
Musk is cramming the social media app with all of those useless buzzwords that Wall Street loves. When he IPOs it, you can bet it will have AI, Finance, and depending on its standing then, Crypto in the prospectus. It will be hot trash but the markets will lap it up as they always do.
You are literally not the audience for these shenanigans.
- tootie 3y agoHis purchase of Twitter was explicitly to take it private. He would look like a pretty humongous moron to just take it public again. And I seriously doubt Wall St would ever mindless lap up a super app with no users. It makes no sense. It's a ten-year old, mature company that was already public-traded. He can't just take it private, make it a whole new company, rebuild the user base from scratch then expect it to be worth more than he paid. He should have just bootstrapped a new company from zero if that was the intent.
- spaceman_2020 3y agoWall Street will pump random shitty companies when they add the current buzzword to their press release [0]. Of course they’ll lap up whatever trash their favorite pied piper decides to take public. As for looking like a fool, I think we can all agree that Musk is past that. 0: https://www.cnbc.com/2017/12/21/long-island-iced-tea-micro-cap-adds-blockchain-to-name-and-stock-soars.html https://www.cnbc.com/2017/12/21/long-island-iced-tea-micro-c...
- tootie 3y agohttps://www.sec.gov/news/press-release/2021-121 https://www.sec.gov/news/press-release/2021-121