That doesn’t make any sense because he was the one who offered to buy it in the first place. He signed binding contract to purchase it, then tried to back out prob not because he didn’t want it, but he realized he was overpaying. He has obviously loved owning Twitter as far as the attention and social power he gained.
He should have paid the $1 billion to back out and made another offer, but he’s sleazy, prideful, stingy and stubborn and wanted to back out for free by employing bullshit excuses and lawyers.
IIRC he made a joke offer to buy it in a Tweet at a certain price per share (that was ridiculously high) and because he was literally just sanctioned by the FCC for market manipulation his joke had to become a reality in order for him to avoid serious penalties (the FCC was DONE with his shit at this point).
Everything since then has just been off his dome. Obviously it’s pretty bad up in there since it’s just a roaring money fire ATM.
You can make the argument that something was the reason he originally made the offer to buy Twitter, but that seems separate to me.
If I talk to friends about wanting to dye my hair pink as a joke, then they propose a bet making me do it if I lose, I lose and do it, then the reason my hair is pink is that I lost a bet, not whatever I originally suggested.
He spent billions of dollars to buy 9% of Twitter, was offered a board seat, it didn’t work out, then he made a formal offer. This apparently followed some drug soaked night at Larry Ellison’s, but it was never a joke. Maybe a Schrodinger’s joke.
That doesn’t make any sense because he was the one who offered to buy it in the first place. He signed binding contract to purchase it, then tried to back out prob not because he didn’t want it, but he realized he was overpaying. He has obviously loved owning Twitter as far as the attention and social power he gained.
He should have paid the $1 billion to back out and made another offer, but he’s sleazy, prideful, stingy and stubborn and wanted to back out for free by employing bullshit excuses and lawyers.
IIRC he made a joke offer to buy it in a Tweet at a certain price per share (that was ridiculously high) and because he was literally just sanctioned by the FCC for market manipulation his joke had to become a reality in order for him to avoid serious penalties (the FCC was DONE with his shit at this point).
Everything since then has just been off his dome. Obviously it’s pretty bad up in there since it’s just a roaring money fire ATM.
He started out by buying 9% of Twitter and violating financial regulations by not disclosing it. There’s an article with a timeline here: https://www.nbcnews.com/business/business-news/twitter-elon-musk-timeline-what-happened-so-far-rcna57532
You can make the argument that something was the reason he originally made the offer to buy Twitter, but that seems separate to me.
If I talk to friends about wanting to dye my hair pink as a joke, then they propose a bet making me do it if I lose, I lose and do it, then the reason my hair is pink is that I lost a bet, not whatever I originally suggested.
He spent billions of dollars to buy 9% of Twitter, was offered a board seat, it didn’t work out, then he made a formal offer. This apparently followed some drug soaked night at Larry Ellison’s, but it was never a joke. Maybe a Schrodinger’s joke.
I never said it was a joke. He fully intended to buy Twitter, then decided he doesn’t want to buy it, but was forced to do it.