Elon Musk and Twitter Reach Deal for Sale (Update: WSJ report details Musk’s relationship with Putin) (1 Viewer)

[SaintForLife]

Elon Musk struck a deal on Monday to buy Twitter for roughly $44 billion, in a victory by the world’s richest man to take over the influential social network frequented by world leaders, celebrities and cultural trendsetters.

Twitter agreed to sell itself to Mr. Musk for $54.20 a share, a 38 percent premium over the company’s share price this month before he revealed he was the firm’s single largest shareholder. It would be the largest deal to take a company private — something Mr. Musk has said he will do with Twitter — in at least two decades, according to data compiled by Dealogic.

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Mr. Musk said in a statement announcing the deal. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”

The deal, which has been unanimously approved by Twitter’s board, is expected to close this year, subject to a vote of Twitter shareholders and certain regulatory approvals.

The blockbuster agreement caps what had seemed an improbable attempt by the famously mercurial Mr. Musk, 50, to buy the social media company — and immediately raises questions about what he will do with the platform and how his actions will affect online speech globally.

Elon Musk and Twitter Reach Deal for Sale

Twitter agreed to be taken over at $54.20 a share, a 38 percent premium over the share price before it was revealed that Mr. Musk had been buying up the company’s stock.

www-nytimes-com.cdn.ampproject.org

If Musk does what he claims he wants to do it will be a big improvement and good for free speech.

 

[MT15]

one thing the do really hate, is fact checking. they say fact checking violates their freedom of speech...

They don’t think the fact checkers should have freedom of speech do they?

 

[MT15]

National security threat. This has to be dealt with. From the WSJ.

Elon Musk’s Secret Conversations With Vladimir Putin — The Wall Street Journal

Regular contacts between world’s richest man and America’s chief antagonist raise security concerns; topics include geopolitics, business and personal matters

apple.news

“Elon Musk, the world’s richest man and a linchpin of U.S. space efforts, has been in regular contact with Russian President Vladimir Putin since late 2022.

The discussions, confirmed by several current and former U.S., European and Russian officials, touch on personal topics, business and geopolitical tensions.

At one point, Putin asked the billionaire to avoid activating his Starlink satellite internet service over Taiwan as a favor to Chinese leader Xi Jinping, said two people briefed on the request.”

 

[DaveXA]

National security threat. This has to be dealt with. From the WSJ.

Elon Musk’s Secret Conversations With Vladimir Putin — The Wall Street Journal

Regular contacts between world’s richest man and America’s chief antagonist raise security concerns; topics include geopolitics, business and personal matters

apple.news

“Elon Musk, the world’s richest man and a linchpin of U.S. space efforts, has been in regular contact with Russian President Vladimir Putin since late 2022.

The discussions, confirmed by several current and former U.S., European and Russian officials, touch on personal topics, business and geopolitical tensions.

At one point, Putin asked the billionaire to avoid activating his Starlink satellite internet service over Taiwan as a favor to Chinese leader Xi Jinping, said two people briefed on the request.”

If this is true, this is without question treason.

 

[MT15]

Yes, certainly looks that way.

 

[MT15]

 

[efil4]

Musk is now in rare air - he fancies himself untouchable. This web needs to be unwoven and quick.

 

[bird]

If this is true, this is without question treason.

Yup. Add in the deranged, declining Orange one as well.

 

[efil4]

National security threat. This has to be dealt with. From the WSJ.

Elon Musk’s Secret Conversations With Vladimir Putin — The Wall Street Journal

Regular contacts between world’s richest man and America’s chief antagonist raise security concerns; topics include geopolitics, business and personal matters

apple.news

“Elon Musk, the world’s richest man and a linchpin of U.S. space efforts, has been in regular contact with Russian President Vladimir Putin since late 2022.

The discussions, confirmed by several current and former U.S., European and Russian officials, touch on personal topics, business and geopolitical tensions.

At one point, Putin asked the billionaire to avoid activating his Starlink satellite internet service over Taiwan as a favor to Chinese leader Xi Jinping, said two people briefed on the request.”

Aaaaaaand the Kremlin confirms ( Because when Peskov/Kremlin responds/addresses with a denial/alternate explanation, its usually spot on )

 

[bird]

Aaaaaaand the Kremlin confirms ( Because when Peskov/Kremlin responds/addresses with a denial/alternate explanation, its usually spot on )

Well, if Moscow Mikhail says so, who are we to argue?

 

[DJ1BigTymer]

It's weird that while I'm scrolling through Twitter, all I'm seeing is how the WaPo will not make an endorsement and a bunch of subscribers cancelling. Strange that those Tweets have push down my normal feed of the remaining fun stuff!

 

[Bigdaddysaints]

They don’t think the fact checkers should have freedom of speech do they?

that's "different", the fact checkers are trying to censor... lol

 

[Optimus Prime]

Elon Musk briefly worked illegally in the US after abandoning a graduate studies program in California, according to a Washington Post report that contrasted the episode with the South African multibillionaire’s anti-immigration views.

The boss of Tesla and SpaceX, who has in recent weeks supported Donald Trump’s campaign for a second presidency while promoting the Republican White House nominee’s opposition to “open borders” on his X social media site, has previously maintained that his transition from student to entrepreneur was a “legal grey area”.

But the Washington Post reported Saturday that the world’s wealthiest individual was almost certainly working in the US without correct authorization for a period in 1995 after he dropped out of Stanford University to work on his debut company, Zip2, which sold for about $300m four years later.


Legal experts said foreign students cannot drop out of school to build a company even if they are not getting paid. The Post also noted that – prior to the September 11 terrorist attacks agains the US in 2001 – regulation for student visas was more lax.

“If you do anything that helps to facilitate revenue creation, such as design code or try to make sales in furtherance of revenue creation, then you’re in trouble,” Leon Fresco, a former US justice department immigration litigator, told the outlet.

But the Post also acknowledged: “While overstaying a student visa is somewhat common and officials have at times turned a blind eye to it, it remains illegal.”……..:

Elon Musk worked in US illegally in 1995 after quitting school – report

Washington Post contrasts the episode with the South African multibillionaire’s anti-immigration views

www.theguardian.com

 

[LA - L.A.]

Elon Musk briefly worked illegally in the US after abandoning a graduate studies program in California, according to a Washington Post report that contrasted the episode with the South African multibillionaire’s anti-immigration views.

The boss of Tesla and SpaceX, who has in recent weeks supported Donald Trump’s campaign for a second presidency while promoting the Republican White House nominee’s opposition to “open borders” on his X social media site, has previously maintained that his transition from student to entrepreneur was a “legal grey area”.

But the Washington Post reported Saturday that the world’s wealthiest individual was almost certainly working in the US without correct authorization for a period in 1995 after he dropped out of Stanford University to work on his debut company, Zip2, which sold for about $300m four years later.


Legal experts said foreign students cannot drop out of school to build a company even if they are not getting paid. The Post also noted that – prior to the September 11 terrorist attacks agains the US in 2001 – regulation for student visas was more lax.

“If you do anything that helps to facilitate revenue creation, such as design code or try to make sales in furtherance of revenue creation, then you’re in trouble,” Leon Fresco, a former US justice department immigration litigator, told the outlet.

But the Post also acknowledged: “While overstaying a student visa is somewhat common and officials have at times turned a blind eye to it, it remains illegal.”……..:

Elon Musk worked in US illegally in 1995 after quitting school – report

Washington Post contrasts the episode with the South African multibillionaire’s anti-immigration views

www.theguardian.com

Do we have a King Kong vs Godzilla grudge match brewing? If so, can we lock them in the Thunderdome, so they don't destroy everything while they slug it out?

 

[Bigdaddysaints]

i thought the Republican playbook is if you were here illegally for any reason, you aren't eligible for citizenship? I'm pretty sure they even mean retroactively..

 

[MT15]

Interesting…wondered why Musk made the comment that if Harris wins he’s probably going to jail.

 

[MT15]

She’s right

 

[bird]

She’s right

Confiscate his assets, void his citizenship and deport his azz.

 

[bird]

i thought the Republican playbook is if you were here illegally for any reason, you aren't eligible for citizenship? I'm pretty sure they even mean retroactively..

Oh, goodie. That mean Melania and Eloon are in deep schlitz