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Re:Elon Musk makes $43B unsolicited bid to take Twitter private by cs702 on Thursday April 14, 2022 @09:26AM (#31026651)
OK. I'm a huge admirer of everything Musk has a accomplished, but... W.T.F.?

Taking on Twitter will not only be a huge amount of work, it is likely consume a ridiculous amount of talent -- which could be focused instead on building next-generation humanoid robots, electric vehicles, energy solutions, reusable spaceships, and space stations.

Musk has a long history of taking on more than it's humanly possible, but so far he has been narrowly avoided failure. Recall that Tesla was ready to file for bankruptcy at one point in 2019.[a]

He hasn't sold any shares, so he's likely borrowing against his Tesla stock to finance this hostile takeover, exposing himself to all sorts of potentially ugly debt squeezes.

I really, really, really hope Twitter doesn't become a black hole that sucks talent and energy away from more important things. More than that, I hope this latest battle doesn't become Musk's Waterloo.

--

[a] https://www.cnbc.com/2020/11/03/musk-tesla-was-about-a-month...

Re:Elon Musk makes $43B unsolicited bid to take Twitter private by mountainriver on Thursday April 14, 2022 @09:34AM (#31026748)
I agree, this seems like a distraction for him, and probably more ego driven than anything. Although much of his success has been through being a public figure on Twitter, maybe he sees it as investing in his image.
Re:Elon Musk makes $43B unsolicited bid to take Twitter private by ComradePhil on Thursday April 14, 2022 @09:44AM (#31026876)
> it is likely consume a ridiculous amount of talent

He has indicated that he'll fire most of the employees[1]. In practice, I think he'll move the talent pool whose job is to optimize ad delivery at Twitter to Tesla/SpaceX/OpenAI etc... and make Twitter paid for by the users, not by the advertisers [2].

[1] https://twitter.com/elonmusk/status/1512974273606045702?ref_...

[2] https://twitter.com/elonmusk/status/1512964005060657156?s=21...

Re:Elon Musk makes $43B unsolicited bid to take Twitter private by LegitShady on Friday April 15, 2022 @02:06PM (#31043539)
It sounds like twitter would be paid for by blue checkmarks, rather than by every user, which is a significant difference.
Re:Elon Musk makes $43B unsolicited bid to take Twitter private by loceng on Thursday April 14, 2022 @12:18PM (#31029023)
That's your burden of "proof" that Elon has indicated he'd fire most employees?
Re:Elon Musk makes $43B unsolicited bid to take Twitter private by ComradePhil on Thursday April 14, 2022 @12:48PM (#31029526)
I don't know if it's a "burden" (please learn what "burden of proof" means and where and how to use it)... but yes, that tweet is an indication of his intent.
Re:Elon Musk makes $43B unsolicited bid to take Twitter private by loceng on Friday April 15, 2022 @08:38AM (#31039500)
Now that's proof of intent?

Your logic seems to be that if someone imagines a crime occurring that they've actually committed that crime?

Re:Elon Musk makes $43B unsolicited bid to take Twitter private by ComradePhil on Friday April 15, 2022 @11:59AM (#31041722)
Here's the thing. That phrase "burden of proof" is used by those building fake authority to build up an audience and sell pseudointellectual content to their userbase... the likes of Sam Harris, Scott Adams, Neil d. Tyson etc. are known to do that and it seems to be used in those crowds. It seems like a great phrase when they seem to use it when talking to people they already agree with and make other people look silly (video title: "Sam Harris owns X") and it may be a hit in that crowd where the audience is clueless about it... but if you take it outside, people will point out to you that it's silly.

In forums like this, when it comes to new things, people are trying to make sense of what is happening by sharing their opinions and what they are basing them on... in hopes of getting either supporting or opposing views and letting that collective opinion sharing guide themselves and others into what might really be happening. We're not defending out scientific paper nor are we building up fake authority to scam people.

Re:Elon Musk makes $43B unsolicited bid to take Twitter private by Tade0 on Thursday April 14, 2022 @11:29AM (#31028220)
So, essentially, the mother of all acquihires?
Re:Elon Musk makes $43B unsolicited bid to take Twitter private by sebzim4500 on Thursday April 14, 2022 @11:35AM (#31028320)
It's not like he's going to take current SpaceX or Tesla employees and put them to work fixing Twitter.
Re:Elon Musk makes $43B unsolicited bid to take Twitter private by xeromal on Thursday April 14, 2022 @10:54AM (#31027799)
You definitely have a point. SpaceX and Tesla were also near death in 2008.

I feel like there are only so many moonshots you can pull off before you get a Waterloo as you said.

Re:Elon Musk makes $43B unsolicited bid to take Twitter private by guiseroom on Thursday April 14, 2022 @11:40AM (#31028384)
I don't really follow Musk, what has he accomplished?
Re:Elon Musk makes $43B unsolicited bid to take Twitter private by nabaraz on Thursday April 14, 2022 @03:57PM (#31032468)
Leader in Space and Leader in EVs to start with.