Elon Musk drops Twitter deal bombshell
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- Published on May 12, 2022
- Mahoney Asset Management CEO Ken Mahoney discusses Elon Musk saying Twitter deal is on temporarily on hold.
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He's making a great business move.
*_ikr_*
This guy is Brilliant. He gets the real information and lets the public know how they operate. This makes the stock go down on an overvalued company. Then he can renegotiate. If they don't renegotiate he walks away with people knowing how they actually run the company. Then the stock doesn't ever recover. Musk gets what he wants either way. Perfect....!
Project Vestas also published an insider video last night about how they operate. Not about profits
Their saying he’ll be sued if he walks on nyt anyways
Elon has exposed how important Twitter is, to who and what their agenda was/is with it. Great job.
Twitter management was misreporting many things I'm sure. So his offer was based on public information and now he's probably finding that it's fraudulent. Some execs need to go to jail.
Or perhaps this was the plan all along,maybe Twitter was padding their numbers with bots and he's discovered that Twitter isn't as popular as has been purported
He said he was buying it because of the bots. He is now saying he doesn't want to buy it because there are not enough bots for it to be considered a $44 billion problem. The guy is trolling everyone perfectly and making a profit from blatant market manipulation as he does it.
Elon Musk has every right to question Twitters figures. Right down to the last bottom line.
Twittless has been so wrong in so many ways.
The deal was contingent upon twitters claim bots comprise 5% or less of activity. It's closer to 30%. Twitter vastly over valued their platform based on real user data.
Of course the bots advertise and mean shitter got more money from ads as well since could have bots clicking ads.
@SLEDGE HAMR 🤣🤣👍👍
Of all Internet traffic in may 2011 60% were bots and we think the number is lower now give me a break
And this, kids, is how you work the art of a deal. Elon truly is brilliant.
He is stalling for time as well as trying to bring down the price...He offered Tesla stock to procure a loan however, the stock is going south and the banks don't want to fund
Elon Musk has every right to question Twitters figures. Right down to the last bottom line.
@Kentucky King no, I was pointing out he didn’t understand the deal as clearly as you do not please educate yourself on margin calls maybe read a book and what is utube?
@Julie Crandall what's the problem? You have a problem with Elon minupulating stock prices bit no issue with politicians and insider trading. If you do, you haven't placed that argument and most likely never have.
@norm simpson You obviously don't know how to program.
This guy is a genius. He will make sure that the opposition will never be able to put their misinformation or disinformation by using bots on Twitter.
Imagine finding out twitter has a 40% fake account ratio or something 😂
That would probably mess up twitter and cancel the entire deal
Nothing would surprise me.
@Joe Dirt
Yes without a doubt
It should start a class action lawsuit on behalf of all advertisers.
I don’t blame him. Between all of that and the fact there was a definite switch pulled on the follower counts. The deception needs to be investigated.
This guy is Brilliant. He gets the real information and lets the public know how they operate. This makes the stock go down on an overvalued company. Then he can renegotiate. If they don't renegotiate he walks away with people knowing how they actually run the company. Then the stock doesn't ever recover. Musk gets what he wants either way. Perfect....!
Elon has exposed how important Twitter is, to who and what their agenda was/is with it. Great job.
@Jarod 1999 poor trump stays banned lol
@liza Trump stays banned we laugh and he cries lol
Elon Musk do not buy Twitter!
Elon is so smart. I'm sure everything he does is for a calculated reason.
He shoved the knife in and watched everyone squirm, now he's just twisting it a little bit. The man knows what he is doing.
Hopefully he’s not getting threatened: :/ oh I pray this goes through!!! 🙌🏼 rooting for you Elon!
Ofcourse he is.
“Due diligence” is what’s being done by Musk.
He ‘only’ has to pay $1B as a break fee if he pulls out of the deal completely. He could walk away, pay the $1B, and wait while the share price tanks and then come back in with a much, much lower 2nd offer.
We need Elon, he is the hero that we need. I’m not even from the USA but the election was helped out by twitter and Facebook
Elon really knows how to play the stock market. And he's ruthless about it.
He put his buy on hold. And twitter stated they only had 5% bots. And so he froze his buy and is demanding proof.
"only" even 1% is too much
Thank you for the truth
Can you imagine 75% of Twitter in bots? Musk has ever right to question everything.
Easily I'm betting at least 25 to 30 % bot bs... seems to be increasing on you tube a lot just recently as well... So easy to see the chat flows are just not how real umens talk !! Zzzzzz makes me leave platform altogether
As part of "due diligence" the company has to reveal the real figures. Mounting a takeover is a great way of finding out about the real company.
I don’t understand how these two got through the entire segment without mentioning that hundreds of thousands of Twitter users suddenly disappeared after this deal was announced
@allan knox - They're probably happy that they won't get censored and/or banned and that's why they joined or rejoined.
Twitter has more users now than before Musk made his bid.
And the curious bump in numbers for multiple conservative voices...
There’s nothing odd about this, he needs to justify that the company is actually worth what he’s willing to pay. Same thing happens when you buy real estate, you make your offer, get inspections and appraisal and evaluate to make sure it actually worth buying at the price you offered.
You are so right , love that we get a front row seat to watch this very interesting. Wondering how many are going to jump ship it's getting rockie Hahaha😂
@Don Sturtevant It's like debating with flat earthers..You can't fix stupids!
Liberal math and normal math is completely different
So with your thinking, it’s research the company AFTER you commit to purchase it….that’s genius advice 🤡🤣👍
Love that he did this, now the people who owned Twitter and complained about the price Elon offered can gain some perspective what the price would be like without Elon
And this, kids, is how you work the art of a deal. Elon truly is brilliant.
@Alex Rodriguez the SEC doesnt stop market manipulation. They are on the side of those who manipulate it. Their small fines are only the cost of business
@Alex Rodriguez If this is illegal, I say hold all the hedge funders liable for everyone who lost money in the stockmarket.
or he didn't think much before trying to buy it and now he's starting to see the big picture
@Alex Rodriguez Lol...these guys on here dont know what SEC means . they think its something to do with liberals and Obama 🤣🤣
If he was anyone else, you'd be crying about how manipulative he is...He's the same as every other uber wealthy scoundral
Musk is a smart man. The man knows how to deal, and I think he's going to get Twitter for less than originally offered.
Even if he had to throw some money at the thing and walk, it is investing money donation in tech. It isn't the worst case scenario. It isn't viewed as a waste of money. Sure it might have been more seamless then to make a deal and then question the specifics of the deal but it is not the end of the world to invest some money in a guru industry and diversify the initial investment. If that's the result end of the negotiation. If it changes to a different bid, then so be it. Time will tell.
The statement should be . . . "Musk is a genius . . . and ewes are not."
Why does anyone let one company, Twitter, control so much of their information is beyond me. Three years ago I closed my account. Not a single day passes that I say, “gee I’m missing out on so much information.”
If one-third of users closed their accounts today Twitter would be sunk.
YUP SOOO TRUE
Is Musk a 4D chessmater?
Is this Musk''s way of killing Twitter without having to buy it?
Hmm, could be. 🤔 I left years ago and never looked back.
I've been saying it since the deal was first being discussed... I hope that this whole thing somehow causes Twitter to fail and go away.
To bring price down but to also expose what's going on there, it's a brilliant move. He exposed them for what they are and now he might not even buy them..
@Jeff Johnson Lol, first it was HeR EmAiLs! Now it's HiS LaPtOp! Get a grip people, these political lines are very tiring and boring.
@Jeff Johnson Numerous analysis have shown there is not a significant left wing bias. Considering that most of the misinformation regarding covid and vaccines was coming from right of centre, I can understand why people think there is a bais against right wing. But when one side shares more lies on a particular topic............ what do you expect?
I've never used Twitter and never will but good for Elon!
This was never about owning Twitter. Its about exposing agendas. Hes a rich man. He know how to purchase something.
so, so true.
Less than 5% bots... I dont think Twitter has actually been on Twitter.
@Jesus is coming. Read the Gospel. I have a sinful life and Elon Musk don´t.
@Arda Kaya dayum
at least 45%
This is how it’s done ! Elon is just working the deal!! I think it’s going to get done, on his terms. Great job.
He’s exposing Twitter for the “hack” they are AND lowering the price.
@Fishbro,Absolutely.
@Robert Paulson yup, and he has every right under that contract to leave it if there are discrepancies between reality and the terms the contract agreed upon. It's no different than buying a house, you sign a contract but can easily get out of it when your home inspection finds problems
@TheIkaika777 Even if the contract was signed, he would be able to renegotiate the price and refute the contract. That contract would be completely ripped up immediately For fraudulent information and dealings.
@JJ I He already offered a price and it was accepted. That is NOT a contract.
there, fixed it for ya.
Elon Musk has every right to question Twitters figures. Right down to the last bottom line.
Elon knows what he's doing I trust him
He got to where he is by being smart and making good decisions, I'm sure he knows exactly what he is doing and good for him, it's nice to see someone is having a great year.
Elon Musk não ama o dinheiro. Ele sabe bem para que serve o dinheiro. Para ajudar pessoas. Mas não da forma que as pessoas querem,mas da forma que elas precisam. Porque se você perguntar quem quer dinheiro, todo mundo vai querer. Mas se você perguntar,quem quer ganhar dinheiro trabalhando de maneira honesta, nem todos vão querer,porque já se acostumaram a ganhar dinheiro fácil. O fato é que Musk já nasceu com o dom de transformar dificuldades em oportunidades!!
Gratidão sempre! :)
He and his team know what they are doing.. and I absolutely love it!! 🧐🍿😂🍿
💯
This sounds interesting! I'm going to have to find a reputable news source to learn more about it.. thanks for bringing it to my attention FOX. Thank you for bridging the gap between your audience, the dying greatest generation, and modern day reality!
I get the feeling this guy being interviewed is correct, I think as Musk digs into the paperwork he is finding lots of issues with twitter. I think he is getting a real picture of the actual worth of this company, which i personally think is way over valued.
Personally, I do not think too highly of Elon Musk because of his weird spiritually. However, with that said, he is one hell of a great CEO. He hires the best and lets them go free to create new and better things. He is one of the best CEOs in the entire world. Maybe even better management than the United States Marine Corp.
Being a good business man and making an informed sound business decision suggests a an exponentially brilliant mind!
The man is manipulating a company he doesn't even own yet! Promote that Guy!
@ranger0209 disappeared when you realized I didn’t say what you said i said?
@ranger0209 do you want to examine my comment? I didn’t call for silencing the opposition. I called for punishment on them (fined or jail) for breaking the law.
@Steeldriver so you are saying no to freedom of speech then? Interesting 🤔
@Steeldriver that is fine, but don’t go around boasting about freedom of speech and complain about blocking peoples rights then turn around and do the exact same thing. You essentially became the person that you hate….
Brilliant! Exposed the hell out of them without spending all the money
He and his team know what they are doing.. and I absolutely love it!! 🧐🍿😂🍿
What Elon is doing is brilliant ! I so wish I had even close to that money to put these people in check! Takes money to make money and have any influence over anything. Anyone need an excellent CEO?
First of all I am Elon Musk supporter. IMHO Elon made a far too generous offer. On top of that I believe the spam and bots are a higher percentage than estimated. Regardless, and this is important the company is way overvalued and with a good chance of recession down the road I believe the share price will drop considerably and a much fairer deal can be made.
One can hope this is a conspiratorial type dream. Are we witnessing game theory at the highest level by Musk? Did he ever really intend to own twtr or just make it transparent to the masses the dirt and censorship at play to then create what’s needed? Exciting
Wow. They’re actually discovering that a lot of Twitter conversations are with bots? That seems about right for the times we are living in.
loved the idea of charging companies and political figures money to be on twitter, such a fire concept 🔥
He and his team know what they are doing.. and I absolutely love it!! 🧐🍿😂🍿
Elon Musk is playing Chess and Twitter is playing Tic-Tac-Toe. The more he waits as lawyers and accountants search, the more Twitter will panic and sink.
@Tiny Town Software I funded my business by day trading - mostly tech like Amazon and Tesla. Doesn't change the facts:
1. You said he will buy at the agreed upon price but if Twitter is deemed fraudulent (and they have definitely been biased using bots and AI) then the agreed upon pricing is void.
2. Knowing contracts and that the odds of Twitter being sound is very low, I called you on your foolish statement that he will pay $54 and offered to financially secure our opposing views - but you won't.
3. You say the richest person in the world (who started out a nobody with $100K in student loans) did something stupid and he didn't.
You would not pay for any service or product that broke your agreement, especially if they turned out to be lying. That's not stupid, that's fair. You keep doubling down on new issues without addressing the old. Do you want to hedge a claim on him having to buy at that $54 mark or do you want to admit you are very likely incorrect?
@Steeldriver Already did and already cashed out. I bought puts when he announced his "deal". Knowing from Musk's past how he operates (remember the "funding secured" fiasco?), I was pretty sure he was going to do something stupid. When he inevitably did, the stock predictably crashed and I sold my puts for a nice profit. How have you made money from this?
@Tiny Town Software 🙄 When did I say that? Lol. Stop deflecting, bet me. We can draw up a market position contract just for this deal.
@Steeldriver Being a business owner doesn't mean you know what Musk is thinking or see the future.
@Tiny Town Software $1000? $5000? I’ll sign a legally binding bet with you now. I didn’t go from zero to business owner for nothing.
The reason Twitter executives are jumping ship, bots and other scams?
🤣🤣 I knew this would happen. He never had any plans to buy Twitter. Saying he was going to buy Twitter let him sell 8 billion of the over priced Tesla stock without having people freak out because he was selling that much.
By also backing out of this deal he will get charged 1 billion dollars for backing out but that 1 billion can be a tax write off.
The guy is a GENIUS!!! Good luck trying to screw with him!!
He knows exactly what he is doing!!! 😂
If he purchases the platform or not he put the platform on full display. He even sent the current administration into a frenzy.
I get the feeling this guy being interviewed is correct, I think as Musk digs into the paperwork he is finding lots of issues with twitter. I think he is getting a real picture of the actual worth of this company, which i personally think is way over valued.
@Blind Justice free 99
@Government Isn't Your Mommy gron-up children that have come from homes with parents that also came from same back grounds and basically SHIELD their children, have names like the government isnt your mommy. BAsically, you are projecting your own self, here...
He needs to get OUT of this losing company. It's been exposed for the crud that it is. Elon seriously needs to back out. Twitter is not worth $$ Billion, in my opinion.
@Van Hattfield you’re exactly right.
@Dean Turchi A reasonable assessment.
Remember when the board members of twitter said they would tank the stock prices to keep him from buying...this looks like check possibly checkmate lol
I don’t blame him. Between all of that and the fact there was a definite switch pulled on the follower counts. The deception needs to be investigated.
Starting early is the best way of getting ahead to built wealth, Investment remains the priority, the stock market has plenty opportunities to earn a decent payout, with the right skills and proper understanding of how the market works.
I did invest with her and I made huge profits of about $12,000 from my initial $2400
Stacy Griffin kartner
Awesome, just awesome. I gain more respect for Musk every day
Musk is a smart man. The man knows how to deal, and I think he's going to get Twitter for less than originally offered.
Elon Musk really knows how to read between the lines.
Smart move! He needs to start his own social platform and let Twitter sink!
Elon is singlehandedly causing the looney lefties to go belly up😂🤣😂🤣
This guy is Brilliant. He gets the real information and lets the public know how they operate. This makes the stock go down on an overvalued company. Then he can renegotiate. If they don't renegotiate he walks away with people knowing how they actually run the company. Then the stock doesn't ever recover. Musk gets what he wants either way. Perfect....!
I've been wondering about that make-or-buy decision. Musk surely has better programmers, and a better software ecosystem including AI support, than Twitter does.
@Jeff J If you think the government has something to do with what is on Twitter and what isn’t. You need to see a doctor right away
@Kathleen Norton what the hell are you talking about?
why brilliant, he's a manipulator, that's all
I’m getting to where I despise the shows where they keep interviewing everybody but the person that has the answer. When are they going to get Elon on the phone and ask him these questions and do away with all the ignorant speculation?
If Elon drops deal, I'm definitely dropping my account.
Elon Musk has every right to question Twitters figures. Right down to the last bottom line.
Elon Musk has every right to question Twitters figures. Right down to the last bottom line.
I get the feeling this guy being interviewed is correct, I think as Musk digs into the paperwork he is finding lots of issues with twitter. I think he is getting a real picture of the actual worth of this company, which i personally think is way over valued.
I get the feeling this guy being interviewed is correct, I think as Musk digs into the paperwork he is finding lots of issues with twitter. I think he is getting a real picture of the actual worth of this company, which i personally think is way over valued.
Elon Musk: "Show me the receipts".
The left: " REEEEEEEEEEEEEE!"
Yes, inflation rate is at 8.3 while everything has increased by 30%-600%
Just all around great data by the FED.
But look at the bright side, now the government can pay less or to SS recipients & our Vets
Makes big offer
Gets accepted
Decide to look under hood
Retracts offer
Tells people how crap twitter is
Stock crashes
Underrated comment. Straight to the point 👍
He knows what sort of people he is dealing with.
In fact, he should have built a good social site and outcompeted them.
Genius..👏👏👏 very well done Elon ♟
Smooth move Elon ;)
The share price lost 20% or 10$ a share. Buy in cheaper or get a lot more shares for the same money.
Then cash out when the price rebounds.
Not hard to figure out.
So, I guess, “freedom of speech” isn’t worth $44.5 billion. Does this mean Trump won’t be back on Twitter, dammit man🤣
I don’t blame him. Between all of that and the fact there was a definite switch pulled on the follower counts. The deception needs to be investigated.
(John 3:16)
For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.
@Babylauncher3000 he is not backing out of it, it's on hold..stop thinking you know more.
@Beefy Beeferton I did it. I am still alive 😊
@3dWrx and Elon says, very sincerely, so, what's your point?
I think it's great that Elon wants to buy Twitter to make it a free speech platform again. However. This action can be interpreted in two ways. One. He's legitimately interested in knowing how many bots are on the platform before buying it. Two. It's a trick to lower the buying price. And again, I love Elon for doing what he does, but reason number two could also be seen as market manipulation from a business perspective. He's walking a very thin line now. I hope it doesn't go sour for him because it wouldn't be the first time they slap him on the wrist for doing so. But unlike previous times, the people who are still in power, have him on their radars because he wants to take away their no. 1 weapon for silencing people.
This is so hilarious!! I would like to know how many people with pink hair and a master's degree in art from Harvard cried themselves to sleep this month over this then Elon musk says ha just kidding 😂😂
I never seen Elon finshing the deal, in the first place.
The Fed's wouldn't allow him to open real free speech on that venue or any other.
One can hope this is a conspiratorial type dream. Are we witnessing game theory at the highest level by Musk? Did he ever really intend to own twtr or just make it transparent to the masses the dirt and censorship at play to then create what’s needed? Exciting
This guy is a genius. He will make sure that the opposition will never be able to put their misinformation or disinformation by using bots on Twitter.
@Conrad Brave web browser no TRACKING!
I am against an individual gobbling up immense power. That's how I see his Twitter project.
@Shane Mc Grath not him, he can't be trusted sorry
@Shane Mc Grath you like dudes
All part of the plan nice one Mr Musk, keep it up. lol
This is getting interesting. I just wish that Elon Musk stays in good health and stays well. This kind of things tends to degenerate to health issues. I am old enough to see these things happen in real life to real people.
Ha! I love it, conspiracy theorists keep getting things right, going to have to start calling them reality theorists.
That’s a huge amount money, he needs more clarity, I would too, these share holders have lied, and the bots ?? Yeah he need more clarification
He's a genius, now the stock price will drop and he can renegotiate
Elon really knows how to play the stock market. And he's ruthless about it.
Elon really knows how to play the stock market. And he's ruthless about it.
Good idea at this time, he know what he's doing. He's just making clarity on it.
Business. Doing business.
So far as to say, it may have been a review to analyze the effects on the hype surrounding the deal and the positive impact, the increase it had on the stock increasing, but now: the report says the hesitation has shown the stock went down. Uh oh.
Irregardless, there is a way to negotiate and resolve the matter. There is always a way.
What a genius.!! He’s basically exposing the corruption surrounding Twitter. He will dilute the stock without owning it and then own it. You can’t outsmart a genius 🤷♂️👍