Current Events > So Elon bought twitter for $44b when it's only valued at $4b?

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zinezinzadan 04/26/22 9:40:18 PM #1:	If you're middle class and can't imagine yourself paying someone $4,000 cash to punch you in the throat 44 times, congrats, you're smarter than Elon. --- "The more often a stupidity is repeated, the more it gets the appearance of wisdom" - Voltaire <cite>zinezinzadan posted [p:964599033] in So Elon bo... [t:80000328]...</cite> <quote>If you're middle class and can't imagine yourself paying someone $4,000 cash to punch you in the throat 44 times, congrats, you're smarter than Elon. </quote> ... Copied to Clipboard!
Irony 04/26/22 9:41:34 PM #2:	Keep in mind he didn't have anywhere near close to that he had to get a loan. --- I am Mogar, God of Irony and The Devourer of Topics. <cite>Irony posted [p:964599062] in So Elon bo... [t:80000328]...</cite> <quote>Keep in mind he didn't have anywhere near close to that he had to get a loan. </quote> ... Copied to Clipboard!
Squall28 04/26/22 9:42:10 PM #3:	Where did you get $4b from? Market cap is 37.9B --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:964599086] in So Elon bo... [t:80000328]...</cite> <quote>Where did you get $4b from? Market cap is 37.9B </quote> ... Copied to Clipboard!
Naysaspace 04/26/22 9:43:41 PM #4:	is that book value? when companies are acquired, its the market value that is paid. not book value. --- https://www.youtube.com/watch?v=XVkE2oJrxM8 <cite>Naysaspace posted [p:964599127] in So Elon bo... [t:80000328]...</cite> <quote>is that book value? when companies are acquired, its the market value that is paid. not book value. </quote> ... Copied to Clipboard!
WingsOfGood 04/26/22 9:44:40 PM #5:	Irony posted... Keep in mind he didn't have anywhere near close to that he had to get a loan. Lmao Wow This post <cite>WingsOfGood posted [p:964599149] in So Elon bo... [t:80000328]...</cite> <quote>Irony posted... </cite> <quote>Keep in mind he didn't have anywhere near close to that he had to get a loan.</quote> Lmao Wow This post </quote> ... Copied to Clipboard!
TetsuoS2 04/26/22 9:52:05 PM #6:	I fucking hate Musk, but if you think that loss matters to someone with his net worth you're insane. --- Lurker by trade just an idiot passing through <cite>TetsuoS2 posted [p:964599313] in So Elon bo... [t:80000328]...</cite> <quote>I fucking hate Musk, but if you think that loss matters to someone with his net worth you're insane. </quote> ... Copied to Clipboard!
Rathinor 04/26/22 9:54:18 PM #7:	Irony posted... Keep in mind he didn't have anywhere near close to that he had to get a loan. From what I heard he got it through margins on Tesla <cite>Rathinor posted [p:964599366] in So Elon bo... [t:80000328]...</cite> <quote>Irony posted... </cite> <quote>Keep in mind he didn't have anywhere near close to that he had to get a loan.</quote>From what I heard he got it through margins on Tesla </quote> ... Copied to Clipboard!
Irony 04/26/22 9:58:29 PM #8:	Rathinor posted... From what I heard he got it through margins on Tesla He got a leverage loan --- I am Mogar, God of Irony and The Devourer of Topics. <cite>Irony posted [p:964599482] in So Elon bo... [t:80000328]...</cite> <quote>Rathinor posted... </cite> <quote>From what I heard he got it through margins on Tesla</quote>He got a leverage loan </quote> ... Copied to Clipboard!
Sad_Face 04/26/22 9:59:05 PM #9:	Twitter is one of the most powerful information hubs in existence. You are severely underestimating its value and reach OP. Plus the he was willing to pay a premium at ~$54 or so per share to force them to sell the company to him. --- https://i.imgur.com/WmIB016.jpg https://i.imgur.com/53FGj6K.gif <cite>Sad_Face posted [p:964599501] in So Elon bo... [t:80000328]...</cite> <quote>Twitter is one of the most powerful information hubs in existence. You are severely underestimating its value and reach OP. Plus the he was willing to pay a premium at ~$54 or so per share to force them to sell the company to him. </quote> ... Copied to Clipboard!
Vegy 04/26/22 10:06:40 PM #10:	I hope it goes da tumblr way where it was bought for 1.1 billion and den sold for 3 million lmao --- http://i.imgur.com/gt58G1y.gif http://i.imgur.com/Kdvuckz.png http://i.imgur.com/SYqReLE.gif https://i.imgur.com/MbgGQWx.jpg <cite>Vegy posted [p:964599682] in So Elon bo... [t:80000328]...</cite> <quote>I hope it goes da tumblr way where it was bought for 1.1 billion and den sold for 3 million lmao</quote> ... Copied to Clipboard!
Romulox28 04/26/22 10:08:11 PM #11:	Rathinor posted... From what I heard he got it through margins on Tesla - $500M revolver - $6.5B term loan - $3B secured bridge loan - $3B unsecured bridge loan - $12.5B margin loan - $21B equity commitment from Elon --- http://i.imgur.com/LhwwG.gif <cite>Romulox28 posted [p:964599726] in So Elon bo... [t:80000328]...</cite> <quote>Rathinor posted... </cite> <quote>From what I heard he got it through margins on Tesla</quote> - $500M revolver - $6.5B term loan - $3B secured bridge loan - $3B unsecured bridge loan - $12.5B margin loan - $21B equity commitment from Elon </quote> ... Copied to Clipboard!
HylianFox 04/26/22 10:40:20 PM #12:	Cost to buy Twitter = $44 billion Controlling the narrative = Priceless --- THIS SPACE INTENTIONALLY LEFT BLANK Do not write in this space. <cite>HylianFox posted [p:964600511] in So Elon bo... [t:80000328]...</cite> <quote>Cost to buy Twitter = $44 billion Controlling the narrative = Priceless </quote> ... Copied to Clipboard!
MagnusDJL 04/26/22 10:51:47 PM #13:	All for the sake of letting racists/sexists/anti-LGBTQ types get to whine and spread their bullshit on twitter. <cite>MagnusDJL posted [p:964600758] in So Elon bo... [t:80000328]...</cite> <quote>All for the sake of letting racists/sexists/anti-LGBTQ types get to whine and spread their bullshit on twitter. </quote> ... Copied to Clipboard!
SauI_Goodman 04/26/22 10:52:30 PM #14:	He'll make it back in a week. --- Italian, French, German. <cite>SauI_Goodman posted [p:964600774] in So Elon bo... [t:80000328]...</cite> <quote>He'll make it back in a week. </quote> ... Copied to Clipboard!
Llaeto7 04/26/22 10:52:30 PM #15:	Irony posted... Keep in mind he didn't have anywhere near close to that he had to get a loan. I don't think you truly understand how to effectively use a loan. <cite>Llaeto7 posted [p:964600776] in So Elon bo... [t:80000328]...</cite> <quote>Irony posted... </cite> <quote>Keep in mind he didn't have anywhere near close to that he had to get a loan.</quote> I don't think you truly understand how to effectively use a loan. </quote> ... Copied to Clipboard!
Hoodroar 04/26/22 10:54:31 PM #16:	He's already the richest dude, he doesn't have to focus purely on profit. Twitter wasn't selling without overpay. --- sigless user logic <cite>Hoodroar posted [p:964600822] in So Elon bo... [t:80000328]...</cite> <quote>He's already the richest dude, he doesn't have to focus purely on profit. Twitter wasn't selling without overpay.</quote> ... Copied to Clipboard!
Payzmaykr 04/26/22 10:56:58 PM #17:	Alaska was sold for like $7m-$8m (present day equivalent of about $130m). Our nations largest state was bought for this much money and musk spends $44b on a website. Sorry, websight --- So long, Thanks for all the fish! <cite>Payzmaykr posted [p:964600861] in So Elon bo... [t:80000328]...</cite> <quote>Alaska was sold for like $7m-$8m (present day equivalent of about $130m). Our nations largest state was bought for this much money and musk spends $44b on a website. Sorry, websight </quote> ... Copied to Clipboard!
FL81 04/26/22 10:58:14 PM #18:	Payzmaykr posted... Alaska was sold for like $7m-$8m (present day equivalent of about $130m). Our nations largest state was bought for this much money and musk spends $44b on a website. Sorry, websight and to think that the very stable and smart Donald Trump couldn't even strike a deal for Greenland --- Thanks to Proofpyros for the sig images https://i.imgur.com/Nv4Pi1v.jpg https://i.imgur.com/N43HJYv.jpg <cite>FL81 posted [p:964600880] in So Elon bo... [t:80000328]...</cite> <quote>Payzmaykr posted... </cite> <quote>Alaska was sold for like $7m-$8m (present day equivalent of about $130m). Our nations largest state was bought for this much money and musk spends $44b on a website. Sorry, websight</quote>and to think that the very stable and smart Donald Trump couldn't even strike a deal for Greenland </quote> ... Copied to Clipboard!
Bio1590 04/26/22 11:09:06 PM #19:	Hoodroar posted... He's already the richest dude, he doesn't have to focus purely on profit. Twitter wasn't selling without overpay. I mean he kind of needs it to profit --- https://i.imgur.com/bbRWLI8.gif https://i.imgur.com/A0BErSV.jpg https://i.imgur.com/S1m3po4.jpg https://i.imgur.com/7fCcfko.jpg <cite>Bio1590 posted [p:964601062] in So Elon bo... [t:80000328]...</cite> <quote>Hoodroar posted...</cite> <quote>He's already the richest dude, he doesn't have to focus purely on profit. Twitter wasn't selling without overpay.</quote> I mean he kind of needs it to profit</quote> ... Copied to Clipboard!
ellis123 04/26/22 11:16:39 PM #20:	Bio1590 posted... I mean he kind of needs it to profit Not exactly, no. There have been plenty of right-wing grifters that have had massive media empires that have run at a loss for a long time. This is just the newest instance of one. The real interesting stuff will be to see how he spins some of the stuff with respect to Twitter having just gotten saddled with a ton of debt. Will it just be a way to get out of taxes? Will we see him start making Twitter profitable? Will we see Trump go full pump-and-dump on Truth social? Only time will tell. --- "A shouted order to do something of dubious morality with an unpredictable outcome? Thweeet!" My FC is in my profile. <cite>ellis123 posted [p:964601196] in So Elon bo... [t:80000328]...</cite> <quote>Bio1590 posted... </cite> <quote>I mean he kind of needs it to profit</quote>Not exactly, no. There have been plenty of right-wing grifters that have had massive media empires that have run at a loss for a long time. This is just the newest instance of one. The real interesting stuff will be to see how he spins some of the stuff with respect to Twitter having just gotten saddled with a ton of debt. Will it just be a way to get out of taxes? Will we see him start making Twitter profitable? Will we see Trump go full pump-and-dump on Truth social? Only time will tell. </quote> ... Copied to Clipboard!
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ssj3vegeta 04/26/22 11:21:54 PM #23:	GoatKing posted... He's going to run for president isn't he when he buys da USA yea --- http://i.imgur.com/tvKkIcw.jpg http://i.imgur.com/Kywn3Qc.gifv http://i.imgur.com/Cybsdf1.gifv http://h-7.abload.de/img/messi02-rm-ucl3ngb.gif <cite>ssj3vegeta posted [p:964601309] in So Elon bo... [t:80000328]...</cite> <quote>GoatKing posted...</cite> <quote>He's going to run for president isn't he </quote> when he buys da USA yea</quote> ... Copied to Clipboard!
Krojen 04/26/22 11:34:22 PM #24:	Irony posted... Keep in mind he didn't have anywhere near close to that he had to get a loan. Because no one would ever keep that much in cash. It'd be eroded by taxes and inflation. Mega billionaires do not buy things on loans because they are secretly poor. They buy things on loans because it dodges the most taxes. 40B is couch change for Elon. Also wat is this topic. Twitter has been valued at 35-50 billion for like the past decade. --- http://i.imgur.com/hI4hAMb.jpg <cite>Krojen posted [p:964601517] in So Elon bo... [t:80000328]...</cite> <quote>Irony posted... </cite> <quote>Keep in mind he didn't have anywhere near close to that he had to get a loan.</quote>Because no one would ever keep that much in cash. It'd be eroded by taxes and inflation. Mega billionaires do not buy things on loans because they are secretly poor. They buy things on loans because it dodges the most taxes. 40B is couch change for Elon. Also wat is this topic. Twitter has been valued at 35-50 billion for like the past decade. </quote> ... Copied to Clipboard!
SauI_Goodman 04/27/22 10:19:33 PM #25:	[LFAQs-redacted-quote] his doppelganger matt stafford can tho --- Italian, French, German. <cite>SauI_Goodman posted [p:964625553] in So Elon bo... [t:80000328]...</cite> <quote><cite>[LFAQs-redacted-quote]</cite> his doppelganger matt stafford can tho </quote> ... Copied to Clipboard!
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Current Events > So Elon bought twitter for $44b when it's only valued at $4b? (+) Yeah! (+)

Current Events > So Elon bought twitter for $44b when it's only valued at $4b?