Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

LetMyPeopleVote

(182,047 posts)
Fri Apr 15, 2022, 10:06 PM Apr 2022

Musk Needs 'Massive Loan' or Big Tesla Sale to Buy Twitter

The market did not take Muck' s offer seriously. Normally if there is a real or credible offer, the stock moves into the hands of arbs and the price moves to be close to the offer price. Here Twitter's stock did not move because the market does not believe that Musk is credible and it is doubtful that he can finance this offer



https://www.bloomberg.com/news/articles/2022-04-14/musk-needs-massive-loan-or-big-tesla-stock-sale-to-buy-twitter?srnd=premium&sref=nNOdD5kh
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Musk Needs 'Massive Loan' or Big Tesla Sale to Buy Twitter (Original Post) LetMyPeopleVote Apr 2022 OP
Or do they just think he's full of shit? happybird Apr 2022 #1
Can't the US Govt just subsidize him some more? dchill Apr 2022 #2
Must the loan be in dollars? DBoon Apr 2022 #3

happybird

(5,409 posts)
1. Or do they just think he's full of shit?
Fri Apr 15, 2022, 10:32 PM
Apr 2022

That’s the way I’m leaning. Poor Elon wasn’t getting attention, what with the war going on and all. How better to refocus attention on himself than announcing he’s trying to buy Twitter. Ugh. He’s such a narcissistic d-bag.

Kick in to the DU tip jar?

This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.

As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.

Tell me more...

Latest Discussions»General Discussion»Musk Needs 'Massive Loan'...