Elon Musk is buying Twitter...oh wait!

Remember about 2 1/2 weeks ago when Boilerman gleefully announced that Musk was buying Twitter, but then some very, very bright and informed person predicted that the sale might not go through after all? Well, guess what?

Musk just announced that he may not go through with the sale because many Twitter users are actually bots. Which is really funny, because Twitter admitted exactly that in their financial reports several times now. I guess Elon wasn't paying attention.

Ah well. I suppose Boilerman believed that Mexico was going to pay for the wall too.

I always assumed that Musk was going to pay for twitter.  I still suspect that it'll happen.

I don't know why it's become so partisan.    Musk has disdain for both parties ....it's not like he's a MAGA guy.    Trump's account will likely get restored regardless of the takeover.     

I have no use for Twitter either way.     

Gosh...Isn't that the same 'very, very, bright and informed person' who claimed in that same thread that Donald Trump  lied about his not intending to rejoin Twitter?  I'm just wondering how that "bright" person actually knew what Donald Trump's plans were.  Or maybe he had no inside knowledge of Trumps plans and was simply making shit up.  You know.  Lying.

And as for Twitter and Musk I'm guessing there's some legalese in his offer that includes an out if there are material misstatements of fact in Twitter's financials.  They claim less than 5% fake accounts.  What if that's 10% or 20%?   50 billion dollar deals require a little due dilligence.  

I'm also guessing Musk really wants to renegotiate the deal because of the historic bloodbath the NASDAQ has recently taken.  These last couple of months have seen most of these tech stocks crash from their record highs and so Twitter is now worth far less than the original offer.....along with the Dow, S&P 500 and our 401Ks.  Thanks Joe Biden and Crazy Democrats!  MAPA.  Making America Poorer Again.

It's partisan because Musk believes that all views should be heard, unlike todays Liberals who want to silence every and all opposing views.  Biden has gone as far is creating a disinformation government agency.

It should be noted that the leader of this agency has a magnificent history of spreading disinformation.  She claimed that Steele dossier was legitamate and would certainly censor those stating otherwise.  She also told the world that Hunter Biden's laptop was a Russian ploy, and she certainly would cesor those stating otherwise.

George Orwell is turning over in his grave.  Remember when Liberals loved free speech?

Here is what likely happened. Musk's business plan for Twitter as he laid out to lenders and the Twitter board was having an ad on each Tweet.

He has probably discovered or more than likely has been told by people in the Internet ad business since then that Twitter would have to be censored more heavily than it currently is as Twitter would have to comply with the terms and conditions of the ad companies and Visa/Master Card if he wants to do that.

In other words, he doesn't have a workable business plan at this point.

The business model has been approved by lenders.  Musk wants to confirm if Twitter has been lying about what percentage of posts are from bots.

I thought the model was to pay users for their tweets.

That was before he started babbling about it being a free speech zone and letting white nationalist and conspiracy kooks back on. I worked in the Interent ad busines for 20 years and I know this stuff well. AC has even mentioned a time or two how it is difficult to get ad network approval for LVA because a lot of the content here is about legal gambling. 

Elon told lenders he was going to run ads and then afterwards he started telling everyone else it he was going to make it an extreme free speech zone. The lender approval was based upon running these new ads.  Twitter already allowed more edgey content than any of the other big social media companies. It can't be both ad friendly and an anything goes free speech zone. If he is gonna run ads, the platform is going to have be heavily sanitized to the extent that it is corporate America friendly. Twitter did not run in content ads in the past becuse they didn't want to heavenly censor their users which they rely on to create content.

Complaining about the percentage of bots, is likely simply a pretext for killing the deal.

Tom, that's the existing model. Businesses pay to promote tweets they create. To obtain financing, Elon said he was going to run an ad in each regular user created tweet.

I can see it now an ad for Coca-Cola in a tweet about how doctor Fauci, the communist Chinese and Bill Gates have all conspired to insert microchips in our brain to track us. Of course the tweet would be posted from an iPhone. 😂