zlacker

It remains very funny that he paid forty-five billion dollars for the privilege of humiliating himself daily with these petulant temper-tantrums. Amazing bit.

>>browse+(OP)
"An insecure narcissist buys a criticism factory" remains the best one-line summary of the situation.

>>browse+(OP)
There's probably a portion of the TSLA slide that can be chalked up to this, too. So more than $45b, though how much more is anyone's guess.

>>eroppl+D
https://openargs.com/oa645-we-badly-underestimated-just-how-...

This is very good podcast about this exact topic.

>>rodger+y
lmao

>>browse+(OP)
To note, he didn't pay the whole forty-five billion dollars, investment banks have a part of that and are also eating dirt. I have no sympathy for them either, but it brings more flavors to the whole thing.

[0] https://www.cnbc.com/2022/10/05/banks-financing-musks-twitte...

>>makeit+k3
Secured as debt against his Tesla shares as collateral, which with the slide, means he has to put up more Tesla shares, causing a very nasty snowball effect

>>browse+(OP)
If you go out just a little bit not everyone hates him. Personally I think he hasn’t don’t anything overt yet. So he banned a few journalists, do you know why? No right? So why judge so early?

>>Provin+j5
That’s not true. Most of the debt was leveraged against Twitter, it’s a classic LBO.

The investment banks have been attempting to change that to a margin loan against TSLA shares, because of course they are. They are holding effectively unsellable debt now.

>>Provin+j5
IFAIK the loans are secured by Twitter equity. Trouble is the loans add up to more than what Twitter is worth. The banks will have to write down the value of those loans. But the equity investors, including Elon, will get what scraps, if any, are left after creditors get paid.

>>m3kw9+r5
The journos were doxxing his location. See pretty unethical on their part, if proven true.

>>m3kw9+r5
Yeah, we do. He said that they were banned for linking to other social media of ElonJet.

>>thwoei+F7
No, they weren't. They linked to Facebook and Mastodon pages that aggregated publicly available data about where his PLANE went.

>>thwoei+F7
The journalist were linking to an aggregator* of public FAA data of a jet that Elon may or may not be on… not “his location”

*granted he had to do a tiny bit of work to counter the insufficient obfuscation the FAA allows for privacy.

>>kasey_+D6
$13B of debt.

https://www.nytimes.com/2022/10/30/technology/elon-musk-twit...

>>thwoei+F7
You mean the FAA was doxxing him?

>>m3kw9+r5
Fuck Elon musk. Judge early? How much info do you need? Is it too early to judge trump too? Get your head out of the dirt

>>gcbirz+h8
So… journalists responded to a policy against doxxing by doxxing the owner of the company and then cried when they got banned?

…and I’m supposed to care?

>>gcbirz+x8
…information that had previously gotten an account banned for doxxing.

They thumbed their nose at a rule, got banned, and then cried about it.

What am I supposed to care about, exactly?

>>browse+(OP)
Oh my god. That’s it. This is the greatest joke ever being told before our eyes.

“…the Aristocrats!”

>>m3kw9+r5
If you willfully ignore the last month of events maybe that could float.

>>Zigurd+Y6
Musk is still on the hook for the loans whether Twitter goes under or not. The danger they face is if Musk loses enough to not be able to cover the loans personally.

>>thwoei+F7
they were doxxing his location about as my as my reply is doxxing yours.

what a joker.

>>zmgsab+ta
Nope, you’re just supposed to enjoy Comedy being Legal Again!

>>zmgsab+Ma
Given that the rule didn’t exist when Elon originally banned @ElonJet?

I’d suggest that you care about the fact that Elon will ban anyone he wants banned, and make up a justification post-facto. If you don’t care who gets banned from Twitter, then I retract my suggestion.

>>adrr+w9
Yeah, $13 billion being the generous side of the very most Twitter was ever actually worth, so that's the all the banks were willing to finance

Musk himself is personally on the hook for $25 billion

>>m3kw9+r5
> Personally I think he hasn’t don’t anything overt yet

Like calling people risking their lives to save a bunch of kids pedophiles? Or using fascist dogwhistles?

>>thwoei+F7
Elon is pulling the wool to incite his mob. He states people are doxxing his real-time location. The only people he’s banning are those that reference publicly available FAA flight data. I even think the owner of the Twitter account put the tweet on a time delay. Far from the truth.

>>gonzo4+72
Thanks for the recommendation!

>>rodger+y
Sauce: <https://nitter.net/ben_schachterle/status/158989325534039244...>