Elon Musk reaches deal to buy Twitter for $44B - Bluesky crosses the 30 million user mark
- Thread starter Gemini
- Start date
I don't get why this isn't obvious to everyone. Why does it even need to be explained? Elon is the dumbest billionaire of all times. His followers are the dumbest fanboys of all times.
100%
Hubris and too much smellin his own fumes. He's too busy feeling himself and has too many people telling him how great he is (at least within his circle extended). You know how these type of folks are.
..which is sad, because it's not perfect but it work(ed) for A LOT of purposes. This dude just bought it to ruin it at this point.
When he said bankruptcy wasn't off the table I requested my archive. It's been two days. I still don't have it.
I’m pretty sure some dumb ass Republicans told him to buy Twitter to fuck up the election and yeah they end up turning around and hurting Republicans in most areas
The 19 Investors Financing Elon Musk's Twitter Deal
Showing 1 to 19 of 19 entries
EQUITY INVESTOR AGGREGATE EQUITY COMMITMENT A.M. Management & Consulting $25,000,000 AH Capital Management, L.L.C. (a16z) $400,000,000 Aliya Capital Partners LLC $360,000,000 BAMCO, Inc. (Baron) $100,000,000 Binance $500,000,000 Brookfield $250,000,000 DFJ Growth IV Partners, LLC $100,000,000 Fidelity Management & Research Company LLC $316,139,386 Honeycomb Asset Management LP $5,000,000 Key Wealth Advisors LLC $30,000,000 Lawrence J. Ellison Revocable Trust $1,000,000,000 Litani Ventures $25,000,000 Qatar Holding LLC $375,000,000 Sequoia Capital Fund, L.P. $800,000,000 Strauss Capital LLC $150,000,000 Tresser Blvd 402 LLC (Cartenna) $8,500,000 VyCapital $700,000,000 Witkoff Capital $100,000,000 HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud (Kingdom) $1.89 billion (34.9 million shares)
Note: Saudi Prince Alwaleed bin Talal has pledged to commit nearly 35 million shares in Twitter to retain an investment in the company
Source: public filing
The 19 Investors Backing Elon Musk’s Twitter Deal: Here’s the List
The Tesla CEO said he has attracted over $7 billion in fresh financing from a range of investors including Oracle co-founder Larry Ellison, Sequoia Capital and Binance.www.wsj.com
I thought there was a thread here saying Puffy put in 10mil and folks got their panties twisted over it.
Not yet. The dumbass bought it for $44 billion and it's worth $8 billion now. If I had the money, I'd make him an offer of $7 billion and announce that I'm making everything exactly the way it was before he took over.
His ego won't allow him to see that he fucked up, his old model of meme hype would create dollars is creating shit and debit instead.
Puffy was revealed to be a silent investor after that list of investors was published.
Diddy Among Investors Behind Elon Musk’s $44B Twitter Takeover | HipHopDX
Diddy has been revealed to be one of the silent investors behind Elon Musk's $44 billion acquisition of Twitter, sinking over $10 million into the takeover.
DIDDY AMONG INVESTORS BEHIND ELON MUSK’S $44B TWITTER TAKEOVER
Published on: Nov 4, 2022, 9:46 AM PDT
by Michael Saponara
7
Diddy has been revealed to be one of the silent investors behind Elon Musk’s $44 billion acquisition of Twitter.
According to TMZ, Puff invested north of $10 million to have a seat at the table when it comes to the direction of the social media platform.
TMZ‘s sources say Diddy was convinced of the Tesla CEO’s vision for Twitter, which led to him making an eight-figure investment in the company. Other investors outside of Puffy include Saudi Arabian Prince Al Waleed bin Talal Al Saud and Twitter co-founder Jack Dorsey.
Diddy and Elon Musk have been spotted hanging out together on more than one occasion this year. They linked up at Kanye West’s Donda 2 listening party in Miami in February, as well as Dave Chappelle’s infamous Hollywood Bowl show in May.
News of Diddy’s Twitter investment comes after he was officially declared a billionaire, becoming just the third Hip Hop artist in history to reach the milestone. His entry into the billionaire boys’ club was thanks to his lucrative investments in Cîroc, DeLeón Tequila and REVOLT.
The Harlem native is the second wealthiest rap mogul behind JAY-Z, who is currently worth around $1.5 billion. Kanye previously sat atop the list with $1.9 billion before adidas terminated their lucrative Yeezy partnership, slashing his net worth to $400 million.
Diddy isn’t the only rapper who wanted in on Elon Musk’s takeover of Twitter. In May, Meek Mill reached out to the billionaire on Twitter asking to invest in the platform, referring to him as his “big homie.” However, it’s unclear if his request was granted.
Snoop Dogg and Ice Cube were also welcomely surprised by Musk’s initial bid to buy Twitter earlier this year, with the latter sharing his excitement at potentially having his shadow ban lifted. “Free at last! @elonmusic take off my shadow ban homie,” he tweeted in April.
Elon Musk Was Worried Twitter Was Riddled With “Ghost Employees”
Elon Musk’s quest to prove humans are actually humans wasn’t limited to Twitter accounts. According to The New York Times, Musk initially wanted to fire thousands of employees before their scheduled Nov. 1 stock bonuses kicked in. But when executives modeled how much more it could cost in legal fees and fines to lay them off without the bonuses, Musk relented—on the condition that managers confirm the employees getting them were “real humans.” His concern, according to the Times, was that “ghost employees” remained on Twitter’s payroll and would reap those costs. Twitter’s chief accounting officer Robert Kaiden led the review, and no one was fired before the Nov. 1 date. The day after, however, Kaiden was booted.
Elon Musk Was Worried Twitter Was Riddled With “Ghost Employees” (thedailybeast.com)
Elon Musk’s quest to prove humans are actually humans wasn’t limited to Twitter accounts. According to The New York Times, Musk initially wanted to fire thousands of employees before their scheduled Nov. 1 stock bonuses kicked in. But when executives modeled how much more it could cost in legal fees and fines to lay them off without the bonuses, Musk relented—on the condition that managers confirm the employees getting them were “real humans.” His concern, according to the Times, was that “ghost employees” remained on Twitter’s payroll and would reap those costs. Twitter’s chief accounting officer Robert Kaiden led the review, and no one was fired before the Nov. 1 date. The day after, however, Kaiden was booted.
Elon Musk Was Worried Twitter Was Riddled With “Ghost Employees” (thedailybeast.com)
I’m working under the impression he’s buying the stocks that are falling.
Took 5 days to get mine
OK this motherfucker is acting like Kanye West. Dude you fucked up $44 billion. There’s no coming back from that.Elon Musk Was Worried Twitter Was Riddled With “Ghost Employees”
Elon Musk’s quest to prove humans are actually humans wasn’t limited to Twitter accounts. According to The New York Times, Musk initially wanted to fire thousands of employees before their scheduled Nov. 1 stock bonuses kicked in. But when executives modeled how much more it could cost in legal fees and fines to lay them off without the bonuses, Musk relented—on the condition that managers confirm the employees getting them were “real humans.” His concern, according to the Times, was that “ghost employees” remained on Twitter’s payroll and would reap those costs. Twitter’s chief accounting officer Robert Kaiden led the review, and no one was fired before the Nov. 1 date. The day after, however, Kaiden was booted.
Elon Musk Was Worried Twitter Was Riddled With “Ghost Employees” (thedailybeast.com)
Yep, and his bullshit is fucking with Tesla at some point in the near future Tesla board may have to kick him off the same thing what they did to that Papa John’s guy
Elon Musk says FTX founder set his 'BS meter' off
Elon Musk has revealed he rejected crypto mogul Sam Bankman-Fried's offer to help finance his Twitter takeover last spring, saying the now-disgraced FTX founder set off his 'bulls**t meter'.
Elon Musk says FTX founder set his 'BS meter' off
Elon Musk has revealed he rejected crypto mogul Sam Bankman-Fried's offer to help finance his Twitter takeover last spring, saying the now-disgraced FTX founder set off his 'bulls**t meter'.www.dailymail.co.uk
