A new report sheds light on how advertising is going at Elon Musk's X — and the numbers aren't good
A new report sheds light on how advertising is going at Elon Musk's X — and the numbers aren't good
Can't die fast enough. Get fucked musk
He should have X's for eyes
and the numbers aren't good
They sound good to me.
That's good news.
Bad news for Elon is always good news for me.
That's the spirit
I just want to know how much Russia paid Musk to buy Twitter.
Billions of the funding to purchase came from members ofthe lovely ruling family of the kingdom of Saudi Arabia.
You know, the guys who gave Jared kushner 2 billion for... some reason. And who TFG absolutely adores.
Middle Eastern money is a good sign for Musk, with 32% of the original $7.1 billion equity commitment coming from Alwaleed and the Qatari fund.
Russia doesn't pay people for that sort of thing, especially not a person like Musk. Instead they extort. Possibly over rare materials.
Anyway I don't think Russia was part of Musks takeover of twitter, that stemmed from Musks own arrogant stupidity, but they certainly did become one afterwards.
Elon can make money through ads because he has collected loads of user data and know your interests. I'd be happy to see him take a hit in this regard. Why not use decentralized social media? They don't collect any data and there won't be any targeted ads.
It's fine. He thinks they can all go fuck themselves anyways. Giant ass fuckin manchild. I hate that him and bezos are going to be around for so much longer. It's not like the geriatric fucks that are nearly dead anyways. Just a whole new generation of rich corrupt assholes.
Trash headline.
He is bringin back banned ppl, he is showing he doesn't care about hurt advertiser fifis and he has enough money not to care :P
He leveraged his Tesla stock as collateral to buy Twitter. His antics haven't just harmed Twitter but also Tesla. As the value of that stock drops the banks can force him to provide additional collateral or call in the loans. He would have to put up more stock or sell. Selling could create a spiral where the price continues to drop.
As Jeremy Clarkson once said, "Oh no, anyway."
So deciding to have Tesla leave the Nordics, some of the most EV dense countries, will not only hurt Tesla and give the competition an edge, it might actually cost him stock in spaceX? Is that the analysis here?
He isn't overly leveraged on twitter, and it might actually be 0 leverage. He was leveraged and then he sold a shit load of stock so he wouldn't be and that's a huge part of what crashed the stock price.
The only part I'm unclear on is who's responsible for the 1 billion loan twitter has, twitter, or him.
But 1 billion isn't of any concern to him, its too small an amount, and there's spacex he can get funds from too if he needed it.
Edit: what is likely to happen though is twitter fails and needs a huge cash infusion, and he sells nultiple billions more Tesla stock to prop it up, bringing the price down again.
He is bringing back a very carefully selected group of banned people, people he thinks caters to the only specific core audience which remains on twitter: hateful right wing bigots.
He doesn’t have “enough money”. That’s the problem. He took investments from the Saudis and others to pay for Twitter. He puts on a good show, but he’s not spending any more of his money on this fiasco.
He doesn't have money.
Here's a good comparison I've found: let's say you have a company and issue one million shares. You sell just a single one for $1. Now "technically" you own $999,999 worth of shares, even though you actually have one dollar.
His Tesla and SpaceX shares are worth a lot, but they're not cash. If he started selling huge amounts, then the value would drop rapidly.
So why does he throw fits when he loses advertisers? A person who doesn't care doesn't comment on it and say "Fuck yourself" to Bob Iger and call for him to be sacked.
He is bringin back banned ppl psychopaths and bigots, he is showing he doesn't care about hurt advertiser fifis and he has enough money not to care :P is a straight up bitch and wants all his incel followers to hate like he does.
Pissing off advertisers is not a great business strategy. It's not that their feelings are hurt, it's that ads for Pepsi and Apple were showing up next to neo-Nazi posts, giving users the impression that the advertisers actively endorse the posts. People generally don't like being associated with Nazis. Maybe you're comfortable with that association (if so, seek help), but most of us aren't down with genocidal maniacs who want to purge the world of non-white citizens and rule with an iron fist. I know, we're funny that way, not wanting to endorse and spread the sentiments of mass murderers.
Turns out telling would-be clients to go fuck themselves is a great way to change their status firmly into the “not clients” catagory