Elon Musk sold $10 Billion+ of Tesla Stocks at Peak to buy Twitter

Discussion in 'Wall St. News' started by 2022TheEndGame, Jul 10, 2022.

  1. RedDuke

    RedDuke

    correct. He bought like 1.5 - 2 billion total in bitcoin.
     
    #11     Jul 10, 2022
  2. You are too busy with elitetrader.
     
    #12     Jul 10, 2022
  3. Cuddles

    Cuddles

    upload_2022-7-10_17-43-18.png
     
    #13     Jul 10, 2022
  4. That guy has over 100M+ followers on twitter. He IS twitter bascically, so why would he ever buy it (read: give someone else money for the value he himself creates?). If he leaves twitter and starts posting somewhere else, what do you think is the twitter value going to be then?
     
    #14     Jul 11, 2022
    long, murray t turtle and Nobert like this.
  5. newwurldmn

    newwurldmn

    well 50mm or more of those followers are bots. So he’s not that popular.

    perhaps he will post on yahoo finance boards or wsb instead.
     
    #15     Jul 11, 2022
  6. Millionaire

    Millionaire

    He could start his own. That would be another another Billion dollar valued pet project he can add to his existing list.

    But he still owns almost 10% of twitter. Hasn't dumped his holding yet.

    DWAC/Trump Social recently fell below 1 Billion market cap, but Friday it jumped 20% after hours on the news.
     
    Last edited: Jul 11, 2022
    #16     Jul 11, 2022
  7. newwurldmn

    newwurldmn

    speaking of fraudsters and hucksters …
     
    #17     Jul 11, 2022
  8. Millionaire

    Millionaire

    Does Tesla own those, or Musk himself?
     
    #18     Jul 11, 2022
  9. probably yeah, could start his own.

    some underdog platform magically gets a new hype out of nowhere.

    after being funded ofc :)
     
    #19     Jul 11, 2022
  10. Twitter has 230 million daily users. That is multi-billion dollars business. Why sell Twitter ?? Why is Twitter desperate to sell its business (Twitter) ??
     
    #20     Jul 11, 2022