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Joined 1 year ago
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Cake day: August 14th, 2023

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  • I’ve been saying this for awhile now. It’s the only reason he made that very public offer at the specific price he put out. He knew he couldn’t back out. He knew the line he was crossing so it wasn’t a spur of the moment purchase. He got Larry Ellison and a Saudi Investor involved. They didn’t all have the same crazy idea. These guys know they’re on the hook to the bank for whatever but between the 3 of them they’ll cover the losses and this big hub of rumor/news sharing will die. and they can stay mostly unharmed.


  • I just want to add he’s used tweets to manipulate stock prices before and it put the SEC on his ass. He’s familiar with how making public announcements like that can come across to the law at that point. Even though he wasn’t punished he knew where he the line was drawn well before he “impulsively” crossed it. Twitter was a haven for actual journalism and journalists who live by ethics knowing damn well the consequences for libel and slander. The stories they pushed had a massive influence on undoing his image and it keeps going. Same with his Saudi co investor and Larry Ellison. These guys all know what it was really worth.