3 ms·

> He bought Twitter because the court forced him to adhere to his promises. His promises to... buy Twitter. I actually mentioned the court battle in my commen

by lapcat 3y ago

> He bought Twitter because the court forced him to adhere to his promises. His promises to... buy Twitter. I actually mentioned the court battle in my comment: "It came out in the acquisition trial that". The court didn't magically force him to buy Twitter out of the blue. Musk signed a legal agreement to buy Twitter. So the question is, why did he do that in the first place?

JohnFen 3y ago
He was, essentially, trolling. What he really wanted was to be on the board, not own the company. The offer he made was meant as a jab at Twitter. I am pretty sure that he never thought he'd have to follow through with it. If he did, then he wouldn't have made such a ridiculously overpriced offer.
- lesuorac 3y ago
  If he really wanted to be on the board he could've stopped at 9.2% of twitter instead of making a purchase agreement ... Twitter offered him a seat initially [1]. I don't think you can use logic to justify a clearly irrational decision made by Musk. Not everything is 4d chess; sometimes people just do things. [1]: https://www.nbcnews.com/media/elon-musk-turns-seat-twitters-board-investing-enough-invite-rcna23808 https://www.nbcnews.com/media/elon-musk-turns-seat-twitters-...
  - JohnFen 3y ago
    > I don't think you can use logic to justify a clearly irrational decision made by Musk. I agree. I'm just doing my best to give him some amount of benefit of the doubt. The alternative is to say that he's a bit crazy -- which might be true, but I'm not in a position to be able to say it with confidence.
- Tadpole9181 3y ago
  > He was, essentially, trolling. I, too, have my legal team draft formal offers for purchases at specific prices and sign them and deliver them in a legal binding agreement for fun, while already being in trouble with the SEC and my own businesses for potential market manipulation. "It's just a prank" is one of the most disingenuous defense I have ever heard. At least have the courage to own your actions.
- HumblyTossed 3y ago
  > I am pretty sure that he never thought he'd have to follow through with it. Of course not. But (and it's a really big but...): > If he did, then he wouldn't have made such a ridiculously overpriced offer. His ego won't let him do anything BUT (see, it's a really big but) make a ridiculous offer.
ksherlock 3y ago
> why did he do that in the first place? Cocaine is a helluva drug.

by lapcat 3y ago

JohnFen 3y ago

He was, essentially, trolling. What he really wanted was to be on the board, not own the company. The offer he made was meant as a jab at Twitter. I am pretty sure that he never thought he'd have to follow through with it. If he did, then he wouldn't have made such a ridiculously overpriced offer.

lesuorac 3y ago
If he really wanted to be on the board he could've stopped at 9.2% of twitter instead of making a purchase agreement ... Twitter offered him a seat initially [1]. I don't think you can use logic to justify a clearly irrational decision made by Musk. Not everything is 4d chess; sometimes people just do things. [1]: https://www.nbcnews.com/media/elon-musk-turns-seat-twitters-board-investing-enough-invite-rcna23808 https://www.nbcnews.com/media/elon-musk-turns-seat-twitters-...
- JohnFen 3y ago
  > I don't think you can use logic to justify a clearly irrational decision made by Musk. I agree. I'm just doing my best to give him some amount of benefit of the doubt. The alternative is to say that he's a bit crazy -- which might be true, but I'm not in a position to be able to say it with confidence.
Tadpole9181 3y ago
> He was, essentially, trolling. I, too, have my legal team draft formal offers for purchases at specific prices and sign them and deliver them in a legal binding agreement for fun, while already being in trouble with the SEC and my own businesses for potential market manipulation. "It's just a prank" is one of the most disingenuous defense I have ever heard. At least have the courage to own your actions.
HumblyTossed 3y ago
> I am pretty sure that he never thought he'd have to follow through with it. Of course not. But (and it's a really big but...): > If he did, then he wouldn't have made such a ridiculously overpriced offer. His ego won't let him do anything BUT (see, it's a really big but) make a ridiculous offer.

ksherlock 3y ago

> why did he do that in the first place? Cocaine is a helluva drug.