Elon Musk now owns 9.2% of twitter...update.. will soon be the sole owner as Board of Directors accepts his purchase offer

[K1052]

In the WSJ today. Based on reading this I think he has Borderline Personality Disorder and/or just a A$$hat.

The Real Story of Musk’s Twitter Takeover

Kind of amazing how you can almost literally see in real time somebody who has never really faced any consequences gaslight themselves into believing that it's not happening or that it is a good thing.

Revelations from a whistle-blower and others had inflamed his conviction that Twitter had been lying about the number of actual users and that his original offer of $44 billion was too much. He wanted a better deal. Throughout September, he was on the phone with his lawyers three or four times a day. Sometimes he was in an aggressive mood and insisted that they could beat the lawsuit that Twitter had filed in Delaware seeking to force him to go through with his first offer. “They are shitting bricks about the dumpster fire they’re in,” he said of the Twitter board. “I cannot believe that the judge will railroad the deal through. It would not pass muster with the public.”

His lawyers finally convinced him that he would lose the case if they took it to trial. It was best just to close the deal on the original terms. By that point Musk had even regained some of his enthusiasm about taking over the company. “Arguably, I should just pay full price, because these people running Twitter are such blockheads and idiots,” he told me in late September. “The potential is so great. There are so many things I could fix.” He agreed to an official closing of the deal in October.

 

[HomerJS]

from what i have read and heard others say, his trans daughter wanted nothing to do with him at around the start of the year, then a bit after his ex-wife Grimes left him for Chelsea Manning, after which he started acting even more irrationally publicly


¯\_(ツ)_/¯

It's starting to make sense.

Elon Went Anti-Woke After His Daughter Transitioned, Biographer Writes

“She went beyond socialism to being a full communist and thinking anyone rich is evil,” Musk complained to his biographer, Walter Isaacson.

www.thedailybeast.com

 

[Brovane]

Kind of hard to be a communist and your Dad is the richest man in the world.

Musk’s anti-woke sentiments were partly triggered by the decision of his oldest child, Xavier, then 16, to transition. “Hey, I’m transgender, and my name is now Jenna,” she texted the wife of Elon’s brother. “Don’t tell my dad.” When Musk found out, he was generally sanguine, but then Jenna became a fervent Marxist and broke off all relations with him. “She went beyond socialism to being a full communist and thinking that anyone rich is evil,” he says. The rift pained him more than anything in his life since the infant death of his firstborn child Nevada. “I’ve made many overtures,” he says, “but she doesn’t want to spend time with me.”

 

[nakedfrog]

Kind of hard to be a communist and your Dad is the richest man in the world.

Musk’s anti-woke sentiments were partly triggered by the decision of his oldest child, Xavier, then 16, to transition. “Hey, I’m transgender, and my name is now Jenna,” she texted the wife of Elon’s brother. “Don’t tell my dad.” When Musk found out, he was generally sanguine, but then Jenna became a fervent Marxist and broke off all relations with him. “She went beyond socialism to being a full communist and thinking that anyone rich is evil,” he says. The rift pained him more than anything in his life since the infant death of his firstborn child Nevada. “I’ve made many overtures,” he says, “but she doesn’t want to spend time with me.”

How so?
And please tell me you're not stupid enough take his side of the story at face value.

 

[hal2kilo]

How so?
And please tell me you're not stupid enough take his side of the story at face value.

What other "story" is out there. It's all conjecture. He was just commenting about as it's being told in the "story".

 

[K1052]

Elon doesn't seem prepared for teenagers. Like if she became a goth would we be living through his war on the goth mind virus? I mean probably.

 

[cytg111]

Elon obviously knows what he is doing now pulls him even farther away from his kid otherwise he’d not try and paint himself in the complete opposite picture. I think maybe Elon is just shitty. Otherwise he’d stay 100% silent on the trans and pronouns culture war bs.
He basically “pedo guy” his own child.

 

[igor_kavinski]

He basically “pedo guy” his own child.

Losing a child is tough on anyone. And losing them while they are still alive, meaning estrangement, is far worse than having them die. But then that's what you get when you spend more time going around the world impregnating other women than spending time with your wife and child and having dinner with them every single night. It's just funny that he has so much money that it will take some time for him to self destruct in front of the entire world. Any other guy would have been broke ages ago.

 

[Vic]

What impact do you think if any a fully rapid reusable Launch Vehicle would have for the US Space Industry?

No doubt a similar profound impact as a personal income-generating robotaxi would have on the auto industry.

At this point, only gullible idiots still believe Conman Musk.

 

[Vic]

Almost. The Mars colony terraforming and putting a million people on Mars in the next 30 days or whatever his timeframe is these days is probably analogous to FSD. But making space accessible to private enterprises opens up a *lot* of possibilities. Once they get Starship in working reusable condition, they gonna mass produce these suckers and open up the next frontier.
Common what is not to be excited about? It's worth a couple of frogs.

Just because something is groundbreaking and exciting doesn't mean it's going to happen.
Someday I hope that people come to realize that the only difference Elon Musk and Trevor Milton is that Musk is a better bullshitter.

 

[itsmydamnation]

Just because something is groundbreaking and exciting doesn't mean it's going to happen.
Someday I hope that people come to realize that the only difference Elon Musk and Trevor Milton is that Musk is a better bullshitter.

see i don't get why people like you do this ,

just devalues valid arguments.

Spacex has already done ground-breaking and has left the rest of the worlds space industry in the dust.

down play it all you want.

 

[Vic]

see i don't get why people like you do this ,

just devalues valid arguments.

Spacex has already done ground-breaking and has left the rest of the worlds space industry in the dust.

down play it all you want.

Nothing that SpaceX has or will accomplish has anything to do with the fact that Musk knowingly lied when he grossly overpromised about FSD, Mars Colonies, etc, solely for the purpose of attracting investor monies that might have otherwise gone to interests just as capable, but more honest.

Use your critical thinking for once and you'll get it just fine.

 

[Brovane]

Nothing that SpaceX has or will accomplish has anything to do with the fact that Musk knowingly lied when he grossly overpromised about FSD, Mars Colonies, etc, solely for the purpose of attracting investor monies that might have otherwise gone to interests just as capable, but more honest.

Use your critical thinking for once and you'll get it just fine.

If you are using critical thinking then you would realize that talking about Mars colonies doesn't attract investor monies. However talking about products like a Satellite Internet Constellation does. Despite all the talks of Mars colonies, SpaceX is accomplishing some ground breaking things in aerospace.

 

[Vic]

If you are using critical thinking then you would realize that talking about Mars colonies doesn't attract investor monies. However talking about products like a Satellite Internet Constellation does. Despite all the talks of Mars colonies, SpaceX is accomplishing some ground breaking things in aerospace.

Groundbreaking things that could have just as easily been accomplished by capable engineers anywhere else, except that Musk's grandiose bullshit sucked up all the investor capital.
Using critical thinking includes not getting caught up in the cult of personality.

 

[DisarmedDespot]

It's looking more and more like SpaceX and Tesla are successful in spite of Musk instead of because of. The stories of him being effectively a child king and both companys' cultures being built around controlling his stupid impulsive ideas sounds more and more true every day.

 

[thraashman]

Kind of hard to be a communist and your Dad is the richest man in the world.

Seeing that Elon is the richest man in the world makes me think communism is a much better idea. Elon is the greatest indictment of capitalism that's ever existed.

 

[Zorba]

Groundbreaking things that could have just as easily been accomplished by capable engineers anywhere else, except that Musk's grandiose bullshit sucked up all the investor capital.
Using critical thinking includes not getting caught up in the cult of personality.

I can't stand musk and turned down SpaceX. But none pf the traditional players would have pulled off what SpaceX has. For all of his faults, Musk has the balls to let engineers be engineers and push the status quo.

Meanwhile the traditional players are packed full of mismanagement who know nothing and are insanely afraid of any risk. I'm willing to bet they the management at SpaceX actually understands the engineering and arent just glorified business people with "cheif engineer" titles.

 

[fskimospy]

I can't stand musk and turned down SpaceX. But none pf the traditional players would have pulled off what SpaceX has. For all of his faults, Musk has the balls to let engineers be engineers and push the status quo.

I agree here - the ULA is a corrupt piece of shit that basically steals taxpayer money. SpaceX has done more for world launch capability in recent years than the rest of the space community combined. Assuming Wiki is correct it cost ~$54,000 per kg for the space shuttle to take something into orbit - and SpaceX costs as little as $1,500 per kg. That's incredible progress.

I have no idea how much of that is because of Elon vs. in spite of him, but their achievements are very impressive.

 

[cytg111]

The "Moron Boss" initiative for corporations is not a new one. I am an independent blabla and seen my fair share of big companies and those who run best is those with middle management that shields the people that actually *do* from bullshit raining down from above. The companies that do the worst do the "trickle down bullshit" policy where it just rains stupid all the way down to the do'ers on the floor.
Why it's important to have psychopath CEO's is a mystery, but it do seem to be the case for large corps.

 

[igor_kavinski]

Why it's important to have psychopath CEO's is a mystery, but it do seem to be the case for large corps.

Because they are ruthless and to do that, you have to be emotionally detached. An empathetic CEO would spend more time worrying about his/her employees. That would be paralyzing in terms of making the tough decisions. A lot of people are too lax in their work ethic. I've tried being the nice guy but then no one takes me seriously at work. Adopt a threatening tone and suddenly, I have no more complaints from people who were previously doing stupid things and forcing me to clean up their mess.

 

[Brovane]

Seeing that Elon is the richest man in the world makes me think communism is a much better idea. Elon is the greatest indictment of capitalism that's ever existed.

Do you think Communism or Socialism is better?

 

[nakedfrog]

Because they are ruthless and to do that, you have to be emotionally detached. An empathetic CEO would spend more time worrying about his/her employees. That would be paralyzing in terms of making the tough decisions. A lot of people are too lax in their work ethic. I've tried being the nice guy but then no one takes me seriously at work. Adopt a threatening tone and suddenly, I have no more complaints from people who were previously doing stupid things and forcing me to clean up their mess.

You don't have to be ruthless to be an effective CEO. The CEO's job isn't to worry about whether employees are being lax in their work ethic, the people under them should be the ones handling that.

 

[nakedfrog]

Do you think Communism or Socialism is better?

This sounds like a thread to itself.

 

[Vic]

Do you think Communism or Socialism is better?

Do you think oligarchic psuedocapitalism is better?

 

[Vic]

This sounds like a thread to itself.

The larger issue is that Musk and his technobros aren't capitalists. They're aristocrats. They were born rich and they leveraged that and govt influence to get handouts and subsidies and manipulate markets and get richer.
They're nothing free market about them.