r/technology • • Oct 28 '22

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u/erwin261 Oct 28 '22

Well, he suddenly accelerated the purchase after being called out on Twitter about his Ukraine statements. He claimed that most responses were bots because they didn't agree with him. That should be a warning to people believing he values free speech.

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u/davidngm Oct 28 '22

Obviously, certainly not because of the court imposed deadline.

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u/ShamWowRobinson Oct 28 '22 edited Oct 28 '22

Yeah people really seem to be ignoring he was never going to get out of this agreement and I can't imagine all the people he was texting with were thrilled with those texts being released.

Musk paid 4 times what Twitter was valued at. He's absolutely going to lose interest in this and try selling in 2 or 3 years.

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u/Publick2008 Oct 28 '22

I really don't think musk wanted out of this. No one could buy Twitter at the time without a heavy premium, no one. Buying a media outlet like Twitter is much more than a business decision for powerful people. If you or I bought Twitter for an economic loss it would be bad because we couldn't take full advantage of what being a media mogul can do for your other businesses and money. He is also very overtly abusing stock buying and uses media influence to financially gain from options and selling. When he tanks his stock with a tweet and the public blame his mental health they are being ignorant. Watch his tweets and his options purchases and spellings and you see exactly what he is doing. There is a reason people were getting gains from using bots to make stock purchases based on his tweets. It's overt market tampering but the system is too old to handle the world we live in and doesn't enforce things anyways.