The richest man in the world, Tesla CEO Elon Musk, made an offer to purchase the Twitter platform for a price of $41 billion. The offer represents a value of 38% more than the current evaluation. [SEC FILING HERE] The offer is filed with the US Securities and Exchange Commission proposing a full takeover for $54.20 per share in cash.
Within the filing Elon Musk states his intentions:
“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy. However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.
As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder. Twitter has extraordinary potential. I will unlock it. (SEC LINK)
What Elon Musk appears to be doing is perhaps the biggest story that few understand.
I share this perspective having spent thousands of hours in the past several years deep in the weeds of tech operating systems, communication platforms, and the issue of simultaneous users. What Twitter represents, and what Musk is attempting, is not what most would think.
In the big picture of tech platforms, Twitter, as an operating model, is a massive high-user commenting system.
Twitter is not a platform built around a website; Twitter is a platform for comments and discussion that operates in the sphere of social media. As a consequence, the technology and data processing required to operate the platform does not have an economy of scale.
There is no business model where Twitter is financially viable to operate…. UNLESS the tech architecture under the platform was subsidized.
In my opinion, there is only one technological system and entity that could possibly underwrite the cost of Twitter to operate. That entity is the United States Government, and here’s why.
Unlike websites and other social media, Twitter is unique in that it only represents a platform for user engagement and discussion. There is no content other than commentary, discussion and the sharing of information – such as linking to other information, pictures, graphics, videos url links etc.
In essence, Twitter is like the commenting system on the CTH website. It is the global commenting system for users to share information and debate. It is, in some ways, like the public square of global discussion. However, the key point is that user engagement on the platform creates a massive amount of data demand.
Within the systems of technology for public (user engagement) commenting, there is no economy of scale. Each added user represents an increased cost to the operation of the platform, because each user engagement demands database performance to respond to the simultaneous users on the platform. The term “simultaneous users” is critical to understand because that drives the cost.
According to the Wall Street Journal, Twitter has approximately 217 million registered daily users, and their goal is to expand to 315 million users by the end of 2023. Let me explain why things are not what they seem.
When people, users, operate on a tech platform using the engagement features, writing comments, hitting likes, posting images, links etc, the user is sending a data request to the platforms servers. The servers must then respond allowing all simultaneous users to see the change triggered by the single user.
Example: when you hit the “like” button feature on an engagement system, the response (like increasing by one) must not only be visible to you, but must also be visible to those simultaneously looking at the action you took. If 100,000 simultaneous users are looking at the same thing, the database must deliver the response to 100,000 people. As a result, the number of simultaneous users on a user engagement platform drives massive performance costs. In the example above, a single action by one person requires the server to respond to 100,000 simultaneous users with the updated data.
As a consequence, when a commenting platform increases in users, the cost not only increases because of that one user, the cost increases because the servers need to respond to all the simultaneous users. Using CTH as an example, 10,000 to 15,000 simultaneous commenting system users, engaging with the servers, costs around $4,500/mo.
This is why most websites, even big media websites, do not have proprietary user engagement, i.e. commenting systems. Instead, most websites use third party providers like Disqus who run the commenting systems on their own servers. Their commenting systems are plugged in to the website; that defers the cost from the website operator, and the third party can function as a business by selling ads and controlling the user experience. [It also sucks because user privacy is non existent]
The key to understanding the Twitter dynamic is to see the difference between, (a) running a website, where it doesn’t really matter how many people come to look at the content (low server costs), and (b) running a user engagement system, where the costs to accommodate the data processing -which increase exponentially with a higher number of simultaneous users- are extremely expensive. Twitter’s entire platform is based on the latter.
There is no economy of scale in any simultaneous user engagement system. Every added user costs exponentially more in data-processing demand, because every user needs a response, and every simultaneous user (follower) requires the same simultaneous response. A Twitter user with 100 followers (simultaneously logged in) that takes an action – costs less than a Twitter user with 100,000 followers (simultaneously logged in), that takes an action.
If you understand the cost increases in the data demand for simultaneous users, you can see the business model for Twitter is non-existent.
Bottom line, more users means it costs Twitter more money to operate. The business model is backwards from traditional business. More customers = higher costs, because each customer brings more simultaneous users….. which means exponentially more data performance is needed.
User engagement features on Twitter are significant, because that’s all Twitter does. Not only can users write comments, graphics, memes, videos, but they can also like comments, retweet comments, subtweet comments, bookmark comments, and participate in DM systems. That is a massive amount of server/data performance demand, and when you consider simultaneous users, it’s almost unimaginable in scale. That cost and capacity is also the reason why Twitter does not have an edit function.
With 217 million users, you could expect 50 million simultaneous users on Twitter during peak operating times. My back of the envelope calculations, which are really just estimations based on known industry costs for data performance and functions per second, would put the data cost to operate Twitter around at least $1 billion per month (minimum). In 2021, Twitter generated $5.1 billion in revenue, according to the Wall Street Journal.
There is no business model, even with paying subscribers, for Twitter to exist. As the business grows, the costs increase, and the costs to subscribers would grow. So, what is going on?
The only way Twitter, with 217 million users, could exist as a viable platform is if they had access to tech systems of incredible scale and performance, and those systems were essentially free or very cheap. The only entity that could possibly provide that level of capacity and scale is the United States Government – combined with a bottomless bank account.
If my hunch is correct, Elon Musk is poised to expose the well-kept secret that most social media platforms are operating on U.S. government tech infrastructure and indirect subsidy. Let that sink in.
The U.S. technology system, the assembled massive system of connected databases and server networks, is the operating infrastructure that offsets the cost of Twitter to run their own servers and database. The backbone of Twitter is the United States government.
There is simply no way the Fourth Branch of Government, the U.S. intelligence system writ large, is going to permit that discovery.
BREAKING: As @elonmusk offers to buy the rest of @Twitter a legal source tells @FoxBusiness @SECGov and @TheJusticeDept have launched what he described as a "joint investigation" into a myriad of Musk regulatory issues primarily involving @Tesla https://t.co/TDFLED1XuI
— Charles Gasparino (@CGasparino) April 14, 2022
This guy gets it. 👇 This is the bigger picture dynamic. https://t.co/fsSuMo8Lwl
— TheLastRefuge (@TheLastRefuge2) April 14, 2022
Sundance you nailed it. Same with Fakebook
Govt tech spun as private, with clawback that infrastructure is underwritten by the US Taxpayer (in secret)
Scalability is almost impossible without infusion of capital, now saw we know Amazon web services and internet backbone tech is also where the censorship is hidden. Code to identify and block traffic based on AI algorithm patters and other data.
Say no to social media, big Media must be torn down and redone with a whole new set of eye, We the People
The billionaire prince who is trying to block Musk from buying Twitter https://mol.im/a/10719787 via https://dailym.ai/android
I wonder who he works for.
ARAMCO
All that Saudi dummy accomplished was to cause the stock value to start falling.
Go get’em Elon. Own it or destroy it!
He is ten steps ahead of these woketards. That is also part of a play.
Or…..The Saudi Prince is trying to influence the share price. Or other board members.
Captain Obvious anyways…lol.
You know it.
So basically Elon just declared war on the government. They’ve always kept him out of the inner circle.
I assume that Elon has some powerful and capable “backers”, not necessarily financially, that can protect him from the Deep State since he just tweaked them publicly and in a big way.
Regarding FakeBook – if the only thing Elon accomplishes out of this is to expose that every detail of your life posted on FakeBook is on U.S. Government servers, that would be an enormous accomplishment. When your government becomes HOSTILE to you, and it has, the less they know, the better. For all FakeBook users, the government knows every intimate detail of your life between your Internet usage, your emails, your cell phone texting, and of course, FakeBook. They don’t even need Alexa. FakeBook is a tool of the United State Government.
Just sayin’.
Exactly. This is why I don’t belong to fakebook, tweeter, instagram or any of the other “public” platforms. It’s none of their business what I think about THEIR operations but I’d have a hard time hiding my feelings. I comment on these types of sites, but nothing said here is going to get me thrown into a gulag. Sadly, some countries who consider themselves our “betters” still use those types of entrapment and imprisonment. And they wonder why we hate them.
I’ve already figured out my government is my MORTAL enemy–and I tell everyone who will listen. And if they listen, I tell them to read CTH.
Before covid limitations on our travel, husband and I visited Hawaii yearly (mostly Big Island but for awhile Maui).
A local told us maybe 20++ years ago about a monster computer center going in up country Maui. I thought it strange but figured lots of undersea fiber was also going in. Still seemed odd…so far from mainland. Then later, Snowden news happened and I believe he worked in Hawaii.
Anyway, they call it the Maui High Performance Computing Center. DOD. Not secret. Just that its in Maui and has intrigued me from first learning of its existence. So thought I’d mention it.
nothing like the one in UT that opened a few years back….several PB of data in storage and millions of gallons in freshwater use just for cooling run by the NSA……when it opened it had the capability to store internet traffic for a 10-year time span and then could be searched later at leisure
Who has homes and lives, at least part-time,in Hawaii? Zuckerburg and Obama.
Oh my. Mr. Musk certainly knows how to frame questions.
Master Cage Rattler!
Jamal Khashoggi was unavailable for comment.
Twitter stock opened at around $49 per share and ended up at about $45.
Hopefully it will keep dropping tomorrow, and the next day, and the next .
They are siccing the DOJ on him, and will LAWFARE him, finding some obscure regulations he violated, because they HAVE to shut him down.
The Idiots In Charge are under attack, from many sides.
They only have so many plays in their playbook, and those plays are NOT working,..
He better trust his security team, have backups of backups, and deadman switches on his deadman switches.
Elon Musk did not commit suicide.
Also, as people get giddy about Elon… he believes a Universal Basic Income is a requirement of the future because the world will rely on robots, artificial intelligence, and yes, transhumanism. Very WEF-y.
I admire the guy, but I would keep him at a distance.
Whatever good he’s trying to accomplish, I pray for his success….
…. while praying that some of his more, well, problematic goals will fail.
The guy has tentacles going in all directions. Give him credit where credit is due. His AI speculation is just that, navel gazing about the distant future and imagining what if. As far as bad moves in his life; our politicians in Congress make him look like a choirboy.
Musk has enough money that the “navel gazing” can become reality.
I think most people once thought that large spacecraft rocket boosters, after the primary payload was launched and separated, returning to the launch pad and then setting down safely, was purely “navel gazing”.
He’s his own man that’s for sure. He has enough money to be as eccentric and quirky as he wants to be. If he does some good things for the world then that’s just fine for me. Nobody agrees on everything and so far, this Twitter deal is proving to be quite interesting with the possibility of doing a lot of good along the way.
I agree and have said basically the same thing. Trust him only at arm’s length. There’s just something that nags at me about the whole thing. It seems almost staged.
He also is a big believer in global warming. And believes man should leave earth and settle some place else by 2050, hence SpaceX.
” Every added user costs exponentially more in data-processing demand, because every user needs a response, and every simultaneous user (follower) requires the same simultaneous response. “
So in a word – logarithmic ?
They spent 12 billion to make 5 billion. That PROVES it’s the Gumment.
That’s $5 billion PROFIT. Profit is over and above the level of revenue that covers costs.
Here is a paragraph from a April 6, 2022 report on Twitter’s 2021 financials:
Twitter announced in February financial results for its 2021 fiscal year (FY), which ended Dec. 31, 2021. The company’s net loss narrowed significantly to $221.4 million from $1.1 billion in the previous year. Annual revenue rose 36.6% year over year (YOY) to $5.1 billion. Twitter’s costs and expenses rose at a faster rate than revenue and included a one-time, litigation-related charge of $765.7 million.
Ref. https://www.investopedia.com/ask/answers/120114/how-does-twitter-twtr-make-money.asp
.
The question remains, other than U.S., what governments or other entities are subsidizing?
.
No, he wrote “exponentially”. Plotted against (x,y), the growth along the y axis increases as x grows, pretty quickly!
A logarithmic function plotted along (x,y) slows it’s growth on the y axis as (x) grows .
Astounding, Sundance.
The revelations emanating from the Treehouse are routinely transformative to understanding the reality of our modern world.
I’m flabbergasted at the scope of what has to be understood, in order to comprehend what forces are in play.
Will Vanguard make a counteroffer to keep the Deep State’s dirty twittle secret?
Vanguard and Blackrock are essentially part of the Derp State.
This purchase by Vanguard is indeed a move to keep this rock unturned.
Normally, I’d think sure they buy now cause they want to make $ for their customers if Elon buys at 5x$ per share. But now, heck I dunno…
So Vanguard’s purchases are what is propping up the stock and keeping it from taking a nose dive.
Heard around the global dinner table.
“That pesky Elon Musk is trying to expose our treachery, we can’t have that. Call cousin Rothschild, he will need to pull some strings!”
What more evidence do you need? Vanguard Blackrock are the spear tip of the digital currency great reset push. Musk with Twitter is a threat. Damn if they didn’t just let the mask slip.
I’ve seen speculation that pot enthusiast Musk chose the 54.20 price because of that and that something more in this effort might happen on 4/20.
I believe that’s also hitlers birthday if I’m not mistaken.
On 4/20 the share price will be $4.20 when Elon sells all his shares when offer is rejected
Earth Day is also in April.
Database transactions are expensive, yes, but there will be several layers of caching involved. Most read operations will result in a memory cache hit (i.e. redis) and will avoid the database all together.
Sure, scale is certainly challenging to solve for platforms like Twitter but solving for scale is well understood in today’s world and is not a unique challenge.
I do not agree with the assertion that technology and data processing do not have economies of scale.
I say this with some experience with the subject. I am an engineering manager working for one of these platforms.
I hear you…
Interesting call sign! Please explain more!
Truth is treason in an empire of lies.
I’ve heard it attributed to George Orwell, though not sure if that is correct. I first heard it from Ron Paul.
Cache deferral processes (which is what they are) are irrelevant in the costs of systems for “simultaneous user engagement.”
Cache’s only defer the costs of static information by creating a library.
Simultaneous user engagement systems do not benefit from caches.
I come to TCH to get edjamacated
Global cache coherency is not a trivial problem – another big issue of scale.
No matter what happens, this is fun to watch, and a lot of people are being woke up today by the panic. All of it – Hunter Biden Laptop, Trump ban, suspending everything non-woke that moves – the motives and intentions are now entirely clear and obvious.
I think I can see Twitter’s reasoning for throttling or hiding tweets from one’s followers, suspending etc. . Like killing two birds with one stone. Save on computing costs and censoring at same time. .???
Has 0% to do with costs. Has 100% with controlling information / blocking free speech to protect government “interests” (translated – government crimes).
Your basic thesis is accurate. Your understanding of the underlying technology is incorrect.
Elon is collapsing Twitter under its woke ideology. He knows the board will reject his offer. He will then liquidate his entire holdings, the stock will collapse, he will buy back a larger share and take over the board.
Not if Vanguard or Blackrock step in and prop it up with “pocket change” from their mountains of gold.
scenario I would like to see – Vanguard walks away also – BlackRock is standing there on the stage, lights focused – BlackRock is having that bad dream where you are walking around in your pajamas only worse –
okay, so with every move you make, BlackRock and others in this up to your earrings, it is will be really glaringly obvious
then what about more news about Klaus Schwab – Octopussy – and the WEF getting kicked out of Switzerland, Justin Trudeau and Chrystia Freeland being “fired” by Parliament – and Macron losing in the upcoming election –
while Twitter keeps acting like nothing is happening out there
“Every move you make . . . I’ll be watching you”
I hope they all get really nervolated!
The above analysis makes sense. Twitter and FBI Book were established by the CIA to monitor and store user data and as you say , there is no way any of these companies can operate as viable profit making entities without subsidies. Nevertheless it’s worth pointing out Google, Facebook and others designed and developed NoSQL databases specifically to support these large data gathering technologies. 99.9 percent of websites run on the back of a traditional relational database like MySQL and Oracle and just will not scale to billions of users , even without bringing comment sections in to the equation.
Nevertheless I think Musk’s move is pure theatre. He knows his bid will be rejected. Why? Because he is a globalist just like the rest of them. It’s all just a script and part of the wider psyop to convince you Musk is on our side. He isn’t. We are on our own against this evil empire of lies and no 7th Cavalry is going to ride over the hill to save us.
Pure theater? Theater, maybe, but certainly not pure. He has an ulterior motive for sure.
What if he is successful in forcing Twit to drop the censorship and establish its former popularity before it starting muzzling points of view?
It would likely kill Truth Social’s prospects before TS ever gets much further off the ground. It would draw a significant number of previously banned users back in, simply because of Twit’s sheer magnitude of viewership. Conservatives might return in large numbers and drop a lot of use on TS, GETTR, Gab, and others.
Personally I think conservatives would be fools to stop using other platforms because the threat will always exist for Twit to suddenly block all conservative and truthful points of view.
GB, you’ve been reading my mind. My pet theory is that Musk’s offer for Twitter is a kind of stalking horse (or maybe Trojan horse is the better analogy) to deflate enthusiasm for Truth Social by appearing to eliminate the censorship of Twitter and draw back users and others who were banned / censored.
Sort of the devil you know is better than the one you don’t.
Savvy?
Yep thats exactly what ran thru my mind when he first acquired 9.7%.
I was thinking what’s his end game…?
So Musk is NEO about to expose the Matrix we live in.
so….<where> are the servers that store the Twitter databases? <who> owns them? Asking for some friends.
Go Musk
If what Sundance says is true and have no reason to doubt , then Truth Social has small if not close to 0 chance of being a profitable or ongoing co. There is noooo way the deep state would allow the same deal to anything that President Trump is involved in. That swamp is deep and wide and evil. Pray and pray more
You are correct. However, there is a viable business model – they just need to flip the public consciousness of it.
A user pays a fee which gives them “XXX” amount of engagement. Once that engagement threshold is reached, the user fee increases.
Ex. 0-100 followers costs $5/mo. 100 to 500 followers costs $10/mo. 500 to 1,000 followers costs $20/month. 1000 to 5,000 followers costs $40/month. 5,000 to 10,000 followers costs $80/mo. etc. etc.
The cost wouldn’t actually be based on followers, it would be based on user engagement activities. The more engagement rises the more the user would have to pay. The user would go from a container with X-capacity to a container with XX-capacity, to a container with XXX-capacity etc.
That’s the only sustainable business model for a technology system that is based on simultaneous users and engagement.
. You really are one special person. Thank yoy for for all you do and will continue to do.
And fast!
“If my hunch [much more than just a hunch] is correct, Elon Musk
is poised to expose the well-kept secret that most social media platforms are operating on U.S. government tech infrastructure and indirect subsidy. Let that sink inis going to need more body guards“.And prayers.
I hear there are some dog-bit Secret Service Agents who might apply.
I have thought the government owns Twitter for a long time now. Do they own Facebook too?
Big Meta computing center going in the KCMO metro area. Land being cleared. Also an FBI facility going in in the general area too. Think mentioned in (Platte County) Landmark newspaper.
hmmm. Massive data centers there, massive data centers in northern Virginia, massive data centers in Utah. You can never have enough massive data centers.
Yes…and YouTube.
Yes they created FB. They were developing a FB and then dropped it and FB was created.
It’s a pretty open secret the CIA funded facebooks startup.
DARPA Lifelog. Project ended same day Facebook was incorporated.
The Social Network (the movie) was 90 percent lies. Hollyweird doing its assigned part mythmaking.
Zuckerberg is merely a useful idiot. The others who got paid (the Winklevii, Sean whathisname the stoner who got caught with the underage girl, the Argentinian (?) roommate, Peter Thiel/Thyll, and Priscilla Chan the CCP wife) were likely all in on it. Then the Winklevii got dealt in to Bitcoin and Thiel into Palantir. Al Waleed got dealt in at some point too. Everybody got a cut.
Thiel family genealogy btw?
Also, who really owns the KSA Waleed shares now? MBS, or were they seized under the Christmas 2017 EO on corruption and human trafficking confiscation (Al Waleed is a pretty good bet for being one of the Epsteins of the ME, along with George Nader).
Thank you SD for pointing out an undeniable truth. Tiene Cojones.
Facebook began in DARPA, which itself began with Operation Paperclip after WWII, so FB will never be free of government involvement.
They can’t push back too much on Musk because if they do, who is going to fly our astronauts to the Space Station now that Russia is no longer being America’s Uber to space.
Holy moly, that is some revelation SD. That changes the whole picture about what’s going on here. Yikes, pass the popcorn because this will continue to be an even bigger show than we thought at face value. Musk must know all this as you indicate. What is the final outcome? Stay tuned for episode 3 coming soon.
When I was on Twitter they sent me an email with an attachment of 5 pages showing the companies that they shared my information/data with.
GETTR is being promoted by its owners as a Twitter killer. But if this CTH analysis is on target, then it would appear that the enormous costs of concurrency scalability in supporting a greatly expanded user base would prevent GETTR from acquiring the level of financial support needed to make GETTR a true competitor for Twitter. Does this opinion hold water?
Fascinating stuff. Thanks, Sundance.
Looking at the opposition to the buyout and attacks on Musk/Tesla by government provides strong support for the case of government underwriting Twit and others.
Well.. doubt I will ever go back.. I’m a deplorable and proud of it..
Well this (Musk’s chess moves) is immeasurably more than I can ask or imagine!
It’s so easy to be downcast about the state of our country and world and then things like this happen – the Lord works in mysterious ways 😀
So Musk will be paid billions to drop his takeover bid, in exchange for his silence?
At last…..something that puts the NWO’s Ukraine war in 2nd place with the MSM.
Musk deserves the Nobel Peace Prize!
Yup,
The Achilles’ heel of the globalists is their massive “databases.”
The “disjointed data file” is the stake to drive through their hearts.
Hitler’s Panzer Tanks couldn’t run without gas.
Globalists can’t control you without their massive “databases.”
Without their huge databases, they are just a small group of rich commies. who are sitting around in their gated villas counting their ill-gotten gains trying to convince themselves that it was a good plan, just not implemented correctly by those in charge.
Pull the plug on the globalists/ coup plotter’s massive databases and set the world free……. it is that simple…… it truly is the Achilles’ heel of the globalists and the coup plotters, both foreign and domestic……… including the alpha deep swamp.
“FREEDOM!”
“Let’s go Brandon!”
Remember this?
‘Ceptin’ Zero was himself created by the Derp State . . .
It’s The Temple of Syrinx
Speaking for the first time since news broke of his attempts to buy all of Twitter, Tesla CEO Elon Musk said his offer had been made for the public good.
Musk emphasized that he was motivated by the public interest value of the platform. “Twitter has become kind of the de facto town square. So it’s just really important that people have both the reality and the perception that they’re able to speak freely within the bounds of the law,” Musk said.
Musk was speaking at TED 2022 conference in Vancouver; the interview was opened up for livestreaming earlier this morning.
To protect that venue, Musk went on to say he believes Twitter should “open source the algorithm” in order to build trust and ensure availability. “The code should be on Github so people can look through it,” Musk said.
“THE FUTURE OF CIVILIZATION, BUT YOU DON’T CARE ABOUT THE ECONOMICS AT ALL”
Musk insisted that buying Twitter wasn’t an economic move for him.
https://www.theverge.com/2022/4/14/23025343/elon-musk-twitter-takeover-ted-talk-quote-stock-buyout?scrolla=5eb6d68b7fedc32c19ef33b4
Suspending my judgment and will watch this struggle.
More to do with the long term direction of technology than politics or even free speech
2016: the nation is all a-twitter with talk of a wealthy patriot stepping forward, willing to pledge his fortune, and willing to make great sacrifice as he works with the people to make this nation great again.
2022: Elon Musk steps forward, looks at Trump, and says “here, hold my beer………..”
Explains why any attempt for visible government control falls flat. Government already has control the way they want it.
Interesting that some of the things being said here about Musk sound the same as the things that were being said about President Trump in 2015/16.
SEC andDOJ are looking at Musks holdings…..what timing. Sundance has been right the fascist corporate giants and their protectors in the IC and DC will not allow a means of speech and idea control to be removed from their weapon arsenal….not even a dwindling one like Twitter. Twitter proved too valuable against Trump and other conservatives. With the great reset underway they can’t have any more delays like Musk messing it up. Now Musk is no conservative but he can be very libertarian and unpredictable and our betters cannot have that where speech control is concerned. Now of course to the adult children who work for Twitter Musk is another name for Trump and dissent to “the cause” is anathema. But to the government anc corporate and financial globalists wanting to seize power over us all….Musk is not at their table and he can’t be bought. Cry havoc and let slip the dogs of war…Putin and Musk who’d have thought these two would p@ss on the great reset plans of our betters?
Even if this gambit doesn’t succeed, it’s enough to wake up even more people.
HAL-9000: “I can’t let you do that, Dave.”
Thank you, Sundance. Analyses like this are the main reason I visit your site regularly. Your take on current news is almost always different and often more insightful into the darker forces at play in these crazy times.
The next question your theory brings to mind is what degree of involvement does the FBI have in the day to day operation of Twitter and other social media platforms?
800 million shares outstanding
100M MAGA strong
Current rice 45 and change
So if each MAGA supporter bought 8 shares and proxy their voting rights to Musk, then MAGA would own Twitter right?
Yea, I’d be willing to invest $360 for free speech again
Thanks Sundance. I saw this morning where Elon said he was taking TWTR from public to private. Then TWTR replied that they are a private company. You just cleared it up. Elon has opened up a big can of worms.
If true, then the 4th Branch stole the 2020 election and are operating somewhat of a color revolution within USA via propoganda and cancellation. Scary s*it.
LOL…if they are listed on the NYSE then by definition they are PUBLIC
Public companies have all sorts of additional fiduciary and reporting requirements that do not touch a private entity
Last time I checked, 3 of the top 5 shareholders were Vanguard, Blackrock, and State Street. What a surprise.
Happened after he made the offer.
That sounds exactly like the same type of “platform” I have, only I’m not being paid billions of dollars from anyone to run it, and who can or can’t sign up to comment is up to me from the get-go. If people use a real email address (not some bogus account just to come aboard and make rude comments) I will approve them and test them for a while. If they are approved and make “weird & strange” comments or argue just for the sake of argument, I delete their account pronto. I don’t need to give an explanation, although I usually do.
Sounds a lot like tweeter, wouldn’t ya say?
OPEX is very high for any company supplying a product without income. Besides data processing there is engineering, hosting hardware and energy. None of that generates income. If the provider needs no income and controls the content allowed on the platform, it can only be justified by who is allowed to participate and what content is allowed.
If nothing else Mr. Musk is shining a bright light on this. For those able to see it, that is.
I expect him to rescind the offer, and everything will go back to the status quo.
Not likely, but even if he did try, what he’s done is to take a great big stick and whack that whore-nit’s nest. There’s no putting things back the way they were now.
“whore-nit’s nest”
Lots of extra internet points for you today !
Thanks!
I wouldn’t want to be tasked with outsmarting Elon Musk.
Great interview for those out there wanting to know want Elon is about regarding Twitter.
Elon Musk has some guts, that’s for sure. I just hope they don’t suicide him.