Elon on Hold

Earlier this morning, Elon tweeted a reply about his upcoming purchase of Twitter to @Teslarati: "20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher. My offer was based on Twitter's SEC filings being accurate.Yesterday, Twitter's CEO publicly refused to show proof of <5%. This deal cannot move forward until he does." Continue Reading →

Elon Has the Money

According to the WSJ, a Saudi prince, Larry Ellison, and a bitcoin exchange are among a group of 19 investors who have committed more than $7 billion to back Elon Musk's bid for Twitter. Continue Reading →

Twitter & Telegram

Elon Musk has an option to purchase Twitter for $44 billion. For argument's sake, let's say Twitter has 300 million monthly active users (MAU). If so, he is paying approximately $147 per MAU. Telegram, on the other hand, has approximately 550 million MAUs. Using the same math, Telegram should be worth approximately $80 billion, but Twitter and Telegram are apples and oranges. Twitter is a publicly traded company with a traditional corporate form. Telegram is something completely different. Continue Reading →
After some back-and-forth negotiations, Twitter accepted Elon Musk's bid to buy the social media giant. So... now what? Shelly Palmer talks with Dan Bowens and Kayla Mamelak about Elon's plans for the platform and what those changes mean to you. Continue Reading →
Elon Musk's desire to buy Twitter has dominated tech headlines for weeks. The deal at first seemed impossible (or at least improbable), but now it’s official: Twitter has accepted Musk’s offer of $44 billion to buy the company. Continue Reading →
The debate (if you can call it that) about Elon Musk's possible Twitter takeover is a welcome distraction. As frivolous entertainment goes, it's right up there with Wordle and Star Trek spin-offs. Continue Reading →
Elon Musk said, "I invested in Twitter as I believe in its potential to be the platform for free speech around the globe." This sounds awesome. I have only one question: How would you actually do it? Not hypothetically, but actually. Step by step. How would you do it? Continue Reading →

Succinct and Savage

Elon Musk owns approximately 9.2 percent of Twitter. What will happen if he takes the company private? What will happen if he simply dumps his shares and walks away? Is $54.20 enough to motivate Twitter shareholders? Continue Reading →

Leave Elon Alone!

Elon Musk's latest claim -- "I remain confident that we will have the basic functionality for level 5 autonomy complete this year" -- is a clear sign that Mr. Musk has crossed over to the other side and is now "cuckoo for cocoa puffs." Continue Reading →