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Elon Musk’s Twitter Takeover That Means The Opposite Of What You Think

Elon Musk's $44-bln Twitter deal at risk of being repriced lower

Elon Musk’s Twitter Takeover That Means The Opposite Of What You Think

NEW YORK (RichTVX.com) — Next time your boss threatens to take away your social media, just point him in the direction of this Rich TVX News Network article. The controversy around the recent Twitter takeover of Elon Musk continues unabated online. COVID-19 what? Corona who? This proves yet again that for a certain segment of the country, we are living through another Gilded Age. Everyone knows our opinion of Jack Dorsey, at least since he had all our Twitter accounts deleted. The new meaning of the word “twigly” is someone who is trendy but ugly, and branches off another popular phrase, better not to mention here. We first saw this in the latest economic news. Short-sellers warned that Elon Musk’s $44-billion offer to take Twitter Inc (TWTR) private could get repriced lower if Musk walked away from the deal. The problem lies in the ugliness that is masked by the exchange of old faces and worn-out ideas. This word could maybe also be used for a hip item that is literally ugly, that has somehow become trendy. In case you were feeling a little smothered when sleeping in your full Guy Fawkes mask, time to visit Geneva before the current Imperator dies. The Great Reset is so cute! “If Musk’s bid for Twitter disappeared, Twitter’s equity would fall by 50% from current levels. Therefore, we see a significant risk that the deal gets repriced lower,” they said. Shares of Twitter were down as much as 4% amid a broader market decline and touched $47.76, their lowest level since Musk made his $54.20 per share offer in April, calling it “best and final”. The short-sellers said Musk could walk away paying the $1 billion breakup fee and has incredible leverage to renegotiate if he chooses to. Last month, Twitter secured a $44-billion cash deal to sell itself to Musk, who received over $7 billion in funding from high-profile investors. Hot for Spring. Ah, elites filtered through the eyes of the deep state. If you’re in Sunnyvale, keep an eye out for models traipsing about Sunnyvale Business Park.

Twitter

Twitter is an American microblogging and social networking service on which users post and interact with messages known as “tweets”. Registered users can post, like, and retweet tweets, however, unregistered users have the ability to only read tweets that are publicly available. Users interact with Twitter through browser or mobile frontend software, or programmatically via its APIs. Prior to April 2020, services were accessible via SMS.[10] The service is provided by Twitter, Inc., a corporation based in San Francisco, California, and has more than 25 offices around the world.[11] Tweets were originally restricted to 140 characters, but the limit was doubled to 280 for non-CJK languages in November 2017.[12] Audio and video tweets remain limited to 140 seconds for most accounts. Twitter was created by Jack DorseyNoah GlassBiz Stone, and Evan Williams in March 2006 and launched in July of that year. By 2012, more than 100 million users posted 340 million tweets a day,[13] and the service handled an average of 1.6 billion search queries per day.[14][15][16] In 2013, it was one of the ten most-visited websites and has been described as “the SMS of the Internet”.[17] By the start of 2019, Twitter had more than 330 million monthly active users.[18] In practice, the vast majority of tweets are written by a minority of users.[19][20] On April 25, 2022, the Twitter board of directors agreed to a $44 billion buyout by Elon Musk, the CEO of SpaceX and Tesla, potentially making it one of the biggest deals to turn a company private.[21][22] Disclaimer: Do not take anything in this bulletin as financial advice. Do your own research. Consult a professional investment advisor before making any investment decisions!

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