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(Forbes)   Elon Musk will close Twitter deal on Friday. The great Halloween Twitter massacre scheduled for Monday   (forbes.com) divider line
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    More: Followup, Finance, Wealth, Elon Musk, JPMorgan Chase, Sovereign wealth fund, Washington Mutual, Funding, Chase  
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445 clicks; posted to Business » on 26 Oct 2022 at 6:18 AM (22 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



56 Comments     (+0 »)
View Voting Results: Smartest and Funniest


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edmo [TotalFark] [OhFark]
2022-10-26 3:09:50 AM  
Hell, Friday at quitting time.
 
Xai
2022-10-26 6:25:44 AM  
Prediction: Twitter will be a racist hell-hole by christmas.

I'm willing to bet he plans to fire all the people creating, monitoring and enforcing TOS violations and he plans to make it a 4-chan style free speech paradise that will end up working just as well.
 
Silvanas Max
2022-10-26 6:34:02 AM  

Xai: Prediction: Twitter will be a racist hell-hole by christmas.

I'm willing to bet he plans to fire all the people creating, monitoring and enforcing TOS violations and he plans to make it a 4-chan style free speech paradise that will end up working just as well.


Well, Elon loves his facists so much, let the Rs get back in power, immediately strip Section 230 protections because they are one-track minded, and WATCH tha lawsuits roooolllllll in.
 
Creoena [TotalFark]
2022-10-26 6:40:56 AM  

Xai: Prediction: Twitter will be a racist hell-hole by christmas.


It's not already?

/once snorted blow with Bob Ross
 
Snarcoleptic_Hoosier
2022-10-26 7:12:30 AM  
The paragons of free speech: Nazi memes, bot spam, and child porn.

/Head of Silliness Department
 
Short Victoria's War
2022-10-26 7:20:05 AM  
Hell, I signed up for twitter <shudder> just so I can cancel it when he takes over.
 
growinthings [TotalFark]
2022-10-26 7:20:19 AM  
"The great Halloween Twitter massacre scheduled for Monday". This will be far, far worse than Kellyanne's Bolling Green Massacre!
 
Rapmaster2000
2022-10-26 7:20:59 AM  
It's amazing to me how often money just gets set on fire.  Here we've got millions of people who bid up Tesla shares beyond any reasonable valuation because they liked the personality of its CEO, having that money being used to buy shares of Twitter which has never made any money in its 16 years of existence.
 
Xai
2022-10-26 7:22:47 AM  

Bovine Diarrhea Virus: Xai: Prediction: Twitter will be a racist hell-hole by christmas.

I'm willing to bet he plans to fire all the people creating, monitoring and enforcing TOS violations and he plans to make it a 4-chan style free speech paradise that will end up working just as well.

And this changes Twitter how?


I love how you think it can't get worse, you'll see.
 
hawcian
2022-10-26 7:25:51 AM  

Silvanas Max: Xai: Prediction: Twitter will be a racist hell-hole by christmas.

I'm willing to bet he plans to fire all the people creating, monitoring and enforcing TOS violations and he plans to make it a 4-chan style free speech paradise that will end up working just as well.

Well, Elon loves his facists so much, let the Rs get back in power, immediately strip Section 230 protections because they are one-track minded, and WATCH tha lawsuits roooolllllll in.


There will be a cutout for companies that Republicans like. Like in Florida, where their social media law had a waiver for any company that owned a theme park in the state (yes, really). Of course, that was before Disney had the gall to side with its own employees over a different Florida law...
 
Rapmaster2000
2022-10-26 7:29:37 AM  

hawcian: Silvanas Max: Xai: Prediction: Twitter will be a racist hell-hole by christmas.

I'm willing to bet he plans to fire all the people creating, monitoring and enforcing TOS violations and he plans to make it a 4-chan style free speech paradise that will end up working just as well.

Well, Elon loves his facists so much, let the Rs get back in power, immediately strip Section 230 protections because they are one-track minded, and WATCH tha lawsuits roooolllllll in.

There will be a cutout for companies that Republicans like. Like in Florida, where their social media law had a waiver for any company that owned a theme park in the state (yes, really). Of course, that was before Disney had the gall to side with its own employees over a different Florida law...


Hilariously, Florida has revealed their plan for how to dissolve Reedy Creek and handle its bond obligations.  It's to create a new entity with all the powers of Reedy Creek, assign that to Disney, and transfer all the bonds to that entity.

Essentially, it was a show for DeSantis' presidential aspirations.
 
PartTimeBuddha [OhFark]
2022-10-26 7:39:21 AM  

Rapmaster2000: It's amazing to me how often money just gets set on fire.  Here we've got millions of people who bid up Tesla shares beyond any reasonable valuation because they liked the personality of its CEO, having that money being used to buy shares of Twitter which has never made any money in its 16 years of existence.


Howard Hughes Syndrome.
 
Jake Havechek [TotalFark]
2022-10-26 7:48:03 AM  
Fark user imageView Full Size
 
born_yesterday [TotalFark]
2022-10-26 7:58:25 AM  

Jake Havechek: [Fark user image image 425x518]


Chriat, what an asshole.

/Buffalo chips!
 
soopey [OhFark]
2022-10-26 7:59:01 AM  
I wonder how long it will take for the app to be removed by Apple for policy violations just like Parler did.
 
Rapmaster2000
2022-10-26 8:02:36 AM  

Jake Havechek: [Fark user image 425x518]


The older I get, the more I feel like The Big Lebowski.
Fark user imageView Full Size
 
zeroman987
2022-10-26 8:03:52 AM  

Jake Havechek: [Fark user image image 425x518]


Things I have never heard people with a job say!
 
Rapmaster2000
2022-10-26 8:08:16 AM  
There are already about 10 "free speech" versions of Twitter that nobody uses so Elon's genius plan is to turn Twitter into one of them.  Good.
 
ippolit
2022-10-26 8:09:47 AM  
Smug farker posted the below when he was trying to back out of the deal. Can't wait to see Twitter's demise.

Fark user imageView Full Size
 
born_yesterday [TotalFark]
2022-10-26 8:10:05 AM  

Rapmaster2000: There are already about 10 "free speech" versions of Twitter that nobody uses so Elon's genius plan is to turn Twitter into one of them.  Good.


When you're in line to buy your Twitter pod NFT you won't be so cavalier.
 
Rapmaster2000
2022-10-26 8:12:31 AM  

ippolit: Smug farker posted the below when he was trying to back out of the deal. Can't wait to see Twitter's demise.

[Fark user image 425x637]


pbs.twimg.comView Full Size
 
KRSESQ
2022-10-26 8:15:28 AM  
I wonder if Kanye has gone through with his truth central purchase yet?

Let them both lose obscene amounts of money for their folly.
 
Muta
2022-10-26 8:16:06 AM  

soopey: I wonder how long it will take for the app to be removed by Apple for policy violations just like Parler did.


Twitter is going to lose advertisers as well.
 
Muta
2022-10-26 8:17:02 AM  

KRSESQ: I wonder if Kanye has gone through with his truth central purchase yet?

Let them both lose obscene amounts of money for their folly.


Kanye said he was going to purchase Parler.
 
GardenWeasel [TotalFark]
2022-10-26 8:18:08 AM  
One week before the election. Fabulous.
 
hej
2022-10-26 8:33:23 AM  
Fark user imageView Full Size
 
AsparagusFTW
2022-10-26 8:34:49 AM  
I can't wait for the Bernie/Liz ban. That's going to be hilarious.
 
Johnson [BareFark]
2022-10-26 8:37:01 AM  
"Elon Musk Reportedly told Bankers that he would...."

I'll wait and see what he actually does.
 
Magorn [TotalFark]
2022-10-26 8:44:11 AM  

Xai: Prediction: Twitter will be a racist hell-hole by christmas.

I'm willing to bet he plans to fire all the people creating, monitoring and enforcing TOS violations and he plans to make it a 4-chan style free speech paradise that will end up working just as well.


Prediction: the deal does not close.  financing falls through
 
KRSESQ
2022-10-26 8:44:13 AM  

Muta: KRSESQ: I wonder if Kanye has gone through with his truth central purchase yet?

Let them both lose obscene amounts of money for their folly.

Kanye said he was going to purchase Parler.


My mistake. I have trouble telling those RWNJ sites apart.
 
Rapmaster2000
2022-10-26 8:47:23 AM  

AsparagusFTW: I can't wait for the Bernie/Liz ban. That's going to be hilarious.


That would be.  I would love for Elon to make Twitter even less relevant.
 
inglixthemad
2022-10-26 8:54:36 AM  

Magorn: Xai: Prediction: Twitter will be a racist hell-hole by christmas.

I'm willing to bet he plans to fire all the people creating, monitoring and enforcing TOS violations and he plans to make it a 4-chan style free speech paradise that will end up working just as well.

Prediction: the deal does not close.  financing falls through


At that point he might end up being force to sell more Tesla stock which results in him losing control of the company.

That might be a good thing so it won't happen... other rich a$$holes will finance the sale
 
Opacity [TotalFark] [OhFark]
2022-10-26 8:55:59 AM  
Here's how Monday is going to go:

"Laid off? Sure, fine with me, I just helped bring a major company with name recognition worldwide (for better or worse) to the point it was acquired and sold my shares to the acquiring entity. Let's take a look at the severance... nothing, ok, take this one-sided nondisclosure and no solicit paperwork and shove it up your MuskHole-I'm OUT!"
 
AppleOptionEsc
2022-10-26 9:21:45 AM  

inglixthemad: Magorn: Xai: Prediction: Twitter will be a racist hell-hole by christmas.

I'm willing to bet he plans to fire all the people creating, monitoring and enforcing TOS violations and he plans to make it a 4-chan style free speech paradise that will end up working just as well.

Prediction: the deal does not close.  financing falls through

At that point he might end up being force to sell more Tesla stock which results in him losing control of the company.

That might be a good thing so it won't happen... other rich a$$holes will finance the sale


The only thing more powerful than real stuff is media.

If your only goal is to burn the planet to the ground the second after your die, and leave zero legacy, being a media giant is the way to go. I can see a narcissist like him deciding his kid [AEzertblink-182] isn't worth much more than anyone else in his family, getting buttmad, and throwing it all away to become the new Murdock of the Internet.

This timeline is so farked-up, it defies traditional logic. Predictions are useless.
 
OhioUGrad
2022-10-26 9:24:34 AM  

Rapmaster2000: It's amazing to me how often money just gets set on fire.  Here we've got millions of people who bid up Tesla shares beyond any reasonable valuation because they liked the personality of its CEO, having that money being used to buy shares of Twitter which has never made any money in its 16 years of existence.


Is it money or is it "money" that exists only in perceived value? Seems like a lot of these people like Elon are billionaires on paper, but are not liquid enough to buy a house because all their wealth is in the market that requires them to sell, which they never do because then that causes the market to panic and their value drops.

When they continually consider all of these companies worth billions and produce nothing, I do not believe any of these people are billionaires or that these companies are worth more than a few dollars.

It's just how the wealthy prop up other wealthy.
 
Rev.K [TotalFark] [OhFark]
2022-10-26 9:25:06 AM  
Once again, I just hope that the purchase of Twitter is a huge step forward to Elon's embarrassing bankruptcy.
 
groppet
2022-10-26 9:40:11 AM  
And then Friday when the deal does not go through it will be because the bankers are bots or pedos.

This turkey has never made a profit and somehow he will turn it around.
 
FlashHarry [TotalFark]
2022-10-26 9:51:43 AM  
So $40 billion tied up in owning the libs? Seems like money well spent. Hurrrrr
 
TappingTheVein
2022-10-26 10:04:20 AM  
What a coincidence! that's exactly the deadline to avoid going to trial. This is going to be a shiatshow for the ages.

/balderdash!
 
Rapmaster2000
2022-10-26 10:06:29 AM  

OhioUGrad: Rapmaster2000: It's amazing to me how often money just gets set on fire.  Here we've got millions of people who bid up Tesla shares beyond any reasonable valuation because they liked the personality of its CEO, having that money being used to buy shares of Twitter which has never made any money in its 16 years of existence.

Is it money or is it "money" that exists only in perceived value? Seems like a lot of these people like Elon are billionaires on paper, but are not liquid enough to buy a house because all their wealth is in the market that requires them to sell, which they never do because then that causes the market to panic and their value drops.

When they continually consider all of these companies worth billions and produce nothing, I do not believe any of these people are billionaires or that these companies are worth more than a few dollars.

It's just how the wealthy prop up other wealthy.


No, the money is real.  The reason a share of Tesla is what it is, is because someone paid that price.  Somebody bought that share.  If you own a share of Tesla you can sell it right now and get that price.  That's real money.

Tesla functioned like a meme stock.  Millions of bored young people got stimmy checks and were stuck at home with RobinHood telling them to buy buy buy.  NFTs, meme stocks, cryptocurrencies - these were all transfers of wealth from the not wealthy to the wealthy.
 
FlashHarry [TotalFark]
2022-10-26 11:34:40 AM  
Musk or no, I will continue to use Twitter (to get breaking information and to vent my spleen) until it is no longer usable. I will simply block or tune out fascists.
 
Mr. Breeze
2022-10-26 11:34:51 AM  

Rapmaster2000: AsparagusFTW: I can't wait for the Bernie/Liz ban. That's going to be hilarious.

That would be.  I would love for Elon to make Twitter even less relevant.


Then where is Fark going to get all of its not news?
 
OptionC [TotalFark]
2022-10-26 11:42:45 AM  

OhioUGrad: When they continually consider all of these companies worth billions and produce nothing, I do not believe any of these people are billionaires or that these companies are worth more than a few dollars.


That's just silly overreaction - Elon is a douche and Tesla is massively overvalued, but Tesla *did* make $5.5B of profit on $53B of revenue last year.  That's worth "more than a few dollars".
 
Ivo Shandor [TotalFark] [OhFark]
2022-10-26 1:15:15 PM  

ippolit: Smug farker posted the below when he was trying to back out of the deal. Can't wait to see Twitter's demise.

[Fark user image image 425x637]


Elon didn't mind the bots when they were working to pump up Tesla's stock price.
 
inglixthemad
2022-10-26 1:15:16 PM  

Rapmaster2000: No, the money is real.  The reason a share of Tesla is what it is, is because someone paid that price.  Somebody bought that share.  If you own a share of Tesla you can sell it right now and get that price.  That's real money.


To be fair, until you sell it, it's not real money. Elon doesn't actually have however much money... most of it is stock. Were he to try and sell too large a quantity the price would drop precipitously. This is similar to how real estate works. Yes, I have a couple chunks of "million dollar" land that I would be lucky to get US$250k if it was sold... before the most recent inflationary mess.

Rapmaster2000: Tesla functioned like a meme stock.  Millions of bored young people got stimmy checks and were stuck at home with RobinHood telling them to buy buy buy.  NFTs, meme stocks, cryptocurrencies - these were all transfers of wealth from the not wealthy to the wealthy.


Which is why most of them are not real money, as the "free money" is running out. When the bored young people have real bills and can't afford to prop up meme stocks and cryptocurrencies, what happens next?
 
Decorus
2022-10-26 1:15:31 PM  

Xai: Prediction: Twitter will be a racist hell-hole by christmas.

I'm willing to bet he plans to fire all the people creating, monitoring and enforcing TOS violations and he plans to make it a 4-chan style free speech paradise that will end up working just as well.


I give it a week before it's completely worthless and unusable.
 
inglixthemad
2022-10-26 1:16:20 PM  

Ivo Shandor: ippolit: Smug farker posted the below when he was trying to back out of the deal. Can't wait to see Twitter's demise.

[Fark user image image 425x637]

Elon didn't mind the bots when they were working to pump up Tesla's stock price.


The cult of Elon would never remember... they still think FSD is coming... "next year" or that the Hyperloop isn't any more complex than an air hockey table.
 
Decorus
2022-10-26 1:18:01 PM  

Rapmaster2000: It's amazing to me how often money just gets set on fire.  Here we've got millions of people who bid up Tesla shares beyond any reasonable valuation because they liked the personality of its CEO, having that money being used to buy shares of Twitter which has never made any money in its 16 years of existence.


Twitter makes money it posted a 150 million profit last year. It also spent 1.5 billion in revenue just keeping the company running.  It won't be able to cover the loans interest payments.
 
anfrind
2022-10-26 2:52:43 PM  
Most of Twitter is a cesspit, but there are lots of very good things on Twitter.  I've found it extremely useful for finding and following authors, artists, scientists, and technologists.

I don't expect that to last if Elon has his way with Twitter, so I preemptively went through all of the accounts I follow, to find alternative ways to follow everyone I care about.

/we need to bring back RSS
 
OhioUGrad
2022-10-26 2:59:41 PM  

OptionC: OhioUGrad: When they continually consider all of these companies worth billions and produce nothing, I do not believe any of these people are billionaires or that these companies are worth more than a few dollars.

That's just silly overreaction - Elon is a douche and Tesla is massively overvalued, but Tesla *did* make $5.5B of profit on $53B of revenue last year.  That's worth "more than a few dollars".


That's why I have a financial advisor and accountant

/I never said I didn't fondle that sheep
 
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