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Posted
2 hours ago, James105 said:

 

So you want Musk to be accountable for money that is not being wasted?  That makes no sense.   Why would you want to reinstate people in jobs that are not needed?  Why wouldn't these people seek work in the private sector and actually be a contributor rather than a drain?  Nothing you state here makes any sense.  

 

He fired 80% of employees at Twitter.  Not one of those people were needed as time has proven despite all the armchair tech experts telling him that it would fail without them.  He has a proven track record of cutting waste.   

Well since Twitter has been a money loser ever since he purchased the company, I don't think it's a particularly good gauge at his ability to cut staff, save money, and generate a profit. 

 

Perhaps you haven't read about the federal government hiring back tens of thousands of people that he fired unnecessarily, who were absolutely essential employees.

 

You know people who keep planes from colliding into each other, forecast extreme weather events, prevent disease from spreading, and other such things. Oh my God they were really needed after all? 

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Posted
30 minutes ago, spidermike007 said:

Well since Twitter has been a money loser ever since he purchased the company, I don't think it's a particularly good gauge at his ability to cut staff, save money, and generate a profit. 

 

Perhaps you haven't read about the federal government hiring back tens of thousands of people that he fired unnecessarily, who were absolutely essential employees.

 

You know people who keep planes from colliding into each other, forecast extreme weather events, prevent disease from spreading, and other such things. Oh my God they were really needed after all? 

 

Except Twitter hasn't been a money loser so I'd say it's an excellent gauge at his ability to cut staff, save money and generate a profit. 

 

https://www.theguardian.com/technology/2025/mar/19/value-elon-musk-x-rebounds-purchase-price

 

"Value of Elon Musk’s X ‘rebounds to $44bn purchase price"

 

Perhaps the richest man on the planet knows a thing or two about business that you do not?  

Posted
12 minutes ago, James105 said:

 

Except Twitter hasn't been a money loser so I'd say it's an excellent gauge at his ability to cut staff, save money and generate a profit. 

 

https://www.theguardian.com/technology/2025/mar/19/value-elon-musk-x-rebounds-purchase-price

 

"Value of Elon Musk’s X ‘rebounds to $44bn purchase price"

 

Perhaps the richest man on the planet knows a thing or two about business that you do not?  

Highly inaccurate and likely totally fake, or false. But, integrity is out the window, when it comes to defending the indefensible. 

 

Regardless of whether you use Baron or Fidelity numbers, it’s clear that the Twitter takeover has so far been a financial fiasco for Musk and his co-investors.

 

By my math, Musk et al. have about $33 billion invested in X. That’s $44 billion to buy out Twitter’s shareholders plus about $2.5 billion of expenses, less $13.5 billion that X borrowed.

 

Even at Fidelity’s new, higher valuation, the original $33 billion of equity is down by about $23.7 billion. Musk is down about $18.6 billion; his co-investors (who put $7.1 billion into the deal) are down about $5.1 billion.

 

Sure, Musk, the world’s richest person, may be able to laugh off those losses. But to Baron, Fidelity, and Musk’s 17 other co-investors, those big losses are no laughing matter.

 

https://www.barrons.com/articles/elon-musk-twitter-x-valuation-baron-fidelity-72850dec

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Posted
41 minutes ago, spidermike007 said:

Highly inaccurate and likely totally fake, or false. But, integrity is out the window, when it comes to defending the indefensible. 

 

Regardless of whether you use Baron or Fidelity numbers, it’s clear that the Twitter takeover has so far been a financial fiasco for Musk and his co-investors.

 

By my math, Musk et al. have about $33 billion invested in X. That’s $44 billion to buy out Twitter’s shareholders plus about $2.5 billion of expenses, less $13.5 billion that X borrowed.

 

Even at Fidelity’s new, higher valuation, the original $33 billion of equity is down by about $23.7 billion. Musk is down about $18.6 billion; his co-investors (who put $7.1 billion into the deal) are down about $5.1 billion.

 

Sure, Musk, the world’s richest person, may be able to laugh off those losses. But to Baron, Fidelity, and Musk’s 17 other co-investors, those big losses are no laughing matter.

 

https://www.barrons.com/articles/elon-musk-twitter-x-valuation-baron-fidelity-72850dec

 

Your link is out of date.   You will no doubt be disappointed but the financial times also reported the valuation.  I didn't post it as it is behind a paywall and mistakenly thought posting a link from an Elon Musk hating lefty comic like the Guardian would be sufficient but the denial seems to be quite strong here.   Kind of weird as Musk is simply trying to help the US and remove some of the corrupt waste.  Unless you are a beneficiary of this corruption I'm not sure why you would have a problem with what he is doing.    

 

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Posted

Perpetrators, that attack against any individual "ownership" of Tesla vehicles from their perceived hatred of a "Brand", should be met with similar retribution, Have a beef with E. Musk, "Delete X ( ex-Twitter) from your feed, buy an EV from an alternative supplier, Activate all of "your free time" to challenge future Star link launches, or perhaps, lie on the ground underneath Space-X for its next countdown.     

Bankruptcy and financial harm for Individual persons who may be caught up in this "retrospective angst", is untenable . 

Posted
6 hours ago, James105 said:

Kind of weird as Musk is simply trying to help the US and remove some of the corrupt waste.  Unless you are a beneficiary of this corruption I'm not sure why you would have a problem with what he is doing.    

You really need a reality check.

He is only helping himself.

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