Twitter, Elon Musk, cancel culture, culture war politics…. Just add failed 18Xrays, SEALS, VMI/Citadel grads, people who say “YASSS,” and explosive diarrhea, you have a list of all my least favorite things.
Damn, I guess Elon isn’t the savior of free speech after all! Who could’ve known??
I’m a big fan of free speech. But doesn’t this count as shouting fire in a crowded theater?I made Das's list. This seems to elevate me in so many ways. But seriously who hurt you?
All I know is twitter allows shit like this to exist:
ShutDownDC group offers bounties on Twitter for public sightings of conservative Supreme Court justices
Bounties for public sightings of conservative SCOTUS justices offered
Liberal protest group offers 'bounties' for info on where conservative justices are located
Multiple sources provided for reasons I guess.
Also, link to actual tweet:
Also, Elon hasn't sold his 9.2% stake yet either, so will be interesante to see where this goes.
It should be noted that they unbanned Alex Berenson who they had banned for "Covid Misinformation" when if anything Fauci and Co were the ones spewing misinformation.
Which part, VMI grads living rent free in your head or assholes offering up a bounty for photos of conservative Supreme Court justices?I’m a big fan of free speech. But doesn’t this count as shouting fire in a crowded theater?
Only time VMI grads cross my mind is when they sneak their way into regiment and make my life more complicated than needed… full disclosure some of the best dudes I’ve met are enlisted VMI and Citadel grads.Which part, VMI grads living rent free in your head or assholes offering up a bounty for photos of conservative Supreme Court justices?
The purchase/merger agreement has been publicly available since April.We actually don't know what the purchase agreement looks like. Saying he waived his right to due diligence based on what? Hearsay? I deal with contracts daily, for something simple our contracts are 20 pages. For something like this? The contract is probably at least 100 and then about 50 different technical documents as appendixes.
Due Diligence is mentioned once and section 4.25 is not a waiving of due diligence.
Later on April 21, 2022, Mr. Musk publicly disclosed that he and Parent had obtained commitment letters for approximately $46.5 billion in financing to fund the proposed acquisition, including (1) a debt commitment letter providing for an aggregate of $13 billion in various secured and unsecured debt financing commitments; (2) a debt commitment letter providing for an aggregate of $12.5 billion in margin loan commitments (which commitments were subsequently reduced to $6.25 billion, as described below); and (3) an equity commitment letter providing for a $21 billion equity financing by Mr. Musk to Parent (which commitment was subsequently increased to $27.25 billion, as described below). The equity financing commitment did not include third party beneficiary rights permitting Twitter to enforce Mr. Musk’s equity financing commitment in connection with a potential transaction. Mr. Musk also disclosed that his acquisition proposal was no longer subject to the completion of financing and business due diligence. The debt commitment letters referenced drafts of agreements and documents providing for a tender offer for our common stock that had been shared with the lenders party to the debt commitment letters, but that had not been shared with Twitter
I found where it seems this idea that he waived diligence is coming from. Twitter put out a proxy statement claiming Musk waived it in his acquisition proposal.
I imagine there's a whole rabbit hole of documentation to chase down, but I don't have the time/expertise to really do much more than what's been done already.
I dunno. Musk seems to like two things in this world: silly money-making schemes, and having a laugh. This latest enterprise seems to be combining those two things.This is super-high stakes, and not just for the money involved. I suspect there are multiple behind-the-scenes plans and plots on both sides that we don't know about yet.
That's entirely possible. But at that level, I think there's more to it.I dunno. Musk seems to like two things in this world: silly money-making schemes, and having a laugh. This latest enterprise seems to be combining those two things.
He’s done similar things before. A few years back he publicly said that he would be taking Tesla private at $420 a share (lol) and got a little dick smack from the SEC for it. A similar thing happened with that Dogecoin pump & dump he did last year, although I don’t think he suffered any repercussions for that. With that in mind, it really seems like he just wanted to buy Twitter for a laugh, then got spooked when the price started to tank. And now he’s actually on the hook for the sale and, well, it’s been a while since he’s suffered any consequences for his schemes.