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This is the comment I was looking for. He said he was going to intervene and something to the effect of “fix it.” This seems like a logical outcome of that stat

This is the comment I was looking for. He said he was going to intervene and something to the effect of “fix it.” This seems like a logical outcome of that statement.

dylan604 2y ago
You know, if Elon buys it at the same levels of inflated values he did for Twitter so that the creditors get paid, I'm kind of okay with that. Just kind of. His fix will not go to Jones. Jones is not going away however this ends. Just the brand. He can create a new brand.
- paulpauper 2y ago
  without jones then what good is the brand?
  - dylan604 2y ago
    Jones will create his own new brand once this is settled. So it is more of a question to the bankruptcy court itself, as I would agree that there's no value in Infowars without Jones. So my opening bid to the court is $1.
- itsoktocry 2y ago
  >You know, if Elon buys it at the same levels of inflated values he did for Twitter so that the creditors get paid, He paid $44B. He probably could have got it for less at the time, but if you think it's not worth that, I'm not sure what to tell you. It's literally where all news gets broken. All of it. And he's using it to influence global politics.
  - dylan604 2y ago
    Inflated values was Musk's own words, not mine. To the point, he was forced by a court to honor his original higher price than what he wanted to pay after re-evaluating it. Not sure why you're quibbling over the fact that everyone thinks Musk paid an inflated price.
    - itsoktocry 2y ago
      >Not sure why you're quibbling over the fact that everyone thinks Musk paid an inflated price. Not everyone thinks this. Are you talking about the financial geniuses in the comments? >To the point, he was forced by a court to honor his original higher price than what he wanted to pay after re-evaluating it. What's your point? The original comment was to imply "Haha! Elon overpaid for Twitter!". The company is worth more than $44B. Not sure why you're quibbling about being able to buy at the absolute rock bottom price, even when he got and will continue to get value from the purchase.
  - motorest 2y ago
    > He paid $44B. He probably could have got it for less at the time, but if you think it's not worth that, I'm not sure what to tell you. It's indisputable that Twitter was worth $44B at the time of the sale because by definition the price of something is what the buyer and seller agree to perform the transaction. What's also indisputable is that even Elon Musk was refusing to pay that much for Twitter and tried to back down until he was sued to force him to put his money where his mouth was.
    - itsoktocry 2y ago
      >It's indisputable that Twitter was worth $44B at the time of the sale because by definition the price of something is what the buyer and seller agree to perform the transaction. I know you think this is some kind of deep philosophical insight, but there's an entire industry built around getting value from an asset beyond the price paid. We don't live in a world of perfect information.

This is the comment I was looking for. He said he was going to intervene and something to the effect of “fix it.” This seems like a logical outcome of that statement.

dylan604 2y ago

You know, if Elon buys it at the same levels of inflated values he did for Twitter so that the creditors get paid, I'm kind of okay with that. Just kind of. His fix will not go to Jones. Jones is not going away however this ends. Just the brand. He can create a new brand.

paulpauper 2y ago
without jones then what good is the brand?
- dylan604 2y ago
  Jones will create his own new brand once this is settled. So it is more of a question to the bankruptcy court itself, as I would agree that there's no value in Infowars without Jones. So my opening bid to the court is $1.
itsoktocry 2y ago
>You know, if Elon buys it at the same levels of inflated values he did for Twitter so that the creditors get paid, He paid $44B. He probably could have got it for less at the time, but if you think it's not worth that, I'm not sure what to tell you. It's literally where all news gets broken. All of it. And he's using it to influence global politics.
- dylan604 2y ago
  Inflated values was Musk's own words, not mine. To the point, he was forced by a court to honor his original higher price than what he wanted to pay after re-evaluating it. Not sure why you're quibbling over the fact that everyone thinks Musk paid an inflated price.
  - itsoktocry 2y ago
    >Not sure why you're quibbling over the fact that everyone thinks Musk paid an inflated price. Not everyone thinks this. Are you talking about the financial geniuses in the comments? >To the point, he was forced by a court to honor his original higher price than what he wanted to pay after re-evaluating it. What's your point? The original comment was to imply "Haha! Elon overpaid for Twitter!". The company is worth more than $44B. Not sure why you're quibbling about being able to buy at the absolute rock bottom price, even when he got and will continue to get value from the purchase.
- motorest 2y ago
  > He paid $44B. He probably could have got it for less at the time, but if you think it's not worth that, I'm not sure what to tell you. It's indisputable that Twitter was worth $44B at the time of the sale because by definition the price of something is what the buyer and seller agree to perform the transaction. What's also indisputable is that even Elon Musk was refusing to pay that much for Twitter and tried to back down until he was sued to force him to put his money where his mouth was.
  - itsoktocry 2y ago
    >It's indisputable that Twitter was worth $44B at the time of the sale because by definition the price of something is what the buyer and seller agree to perform the transaction. I know you think this is some kind of deep philosophical insight, but there's an entire industry built around getting value from an asset beyond the price paid. We don't live in a world of perfect information.