# Now that Elon Musk has bought Twitter - now the Pit edition (Part 1) **URL:** \ **Category:** The BBQ Pit\ **Created:** [April 25, 2022, 10:50pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442 "2022-04-25T22:50:17Z")\ **Posts on this page:** 20\ **Page:** 2
**Author:** ![PastTense](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pasttense/32/14550_2.png) [@PastTense](https://boards.straightdope.com/u/PastTense)\ **Post date:** [May 4, 2022, 4:18pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/21 "2022-05-04T16:18:19Z")
Elon now says he is going to fix Twitter and take it public again in a few years. > **[Elon Musk plans to take Twitter public a few years after buyout](https://www.msn.com/en-us/money/companies/elon-musk-plans-to-take-twitter-public-a-few-years-after-buyout/ar-AAWUg2J?ocid=BingNewsSearch)** > > Elon Musk, who has agreed to take Twitter Inc. private in a $44 billion deal, has told potential investors he could return the social-media company to public ownership after just a few years. > **[WSJ News Exclusive | Elon Musk Plans to Take Twitter Public a Few Years After...](https://www.wsj.com/articles/elon-musk-plans-to-take-twitter-public-again-later-sources-say-11651609707)** > > Tesla CEO Elon Musk says he could stage an initial public offering for the social-media company within three years of its acquisition. I don’t see how this could be successful: vicious personal attacks (free speech) will drive away a great many users and a huge number of advertisers don’t want ads to be surrounded by garbage. ---
**Author:** ![Dewey\_Finn](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dewey_finn/32/4222_2.png) [@Dewey\_Finn](https://boards.straightdope.com/u/Dewey_Finn)\ **Post date:** [May 4, 2022, 4:19pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/22 "2022-05-04T16:19:38Z")
If I was a Tesla shareholder, I’d be pissed that the CEO is distracting himself with a much smaller, completely unrelated company. ---
**Author:** ![Stranger\_On\_A\_Train](https://avatars.discourse-cdn.com/v4/letter/s/13edae/32.png) [@Stranger\_On\_A\_Train](https://boards.straightdope.com/u/Stranger_On_A_Train)\ **Post date:** [May 4, 2022, 4:30pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/23 "2022-05-04T16:30:54Z")
> [@Dewey\_Finn](#): > > f I was a Tesla shareholder, I’d be pissed that the CEO is distracting himself with a much smaller, completely unrelated company. You should actually be thrilled; Tesla started doing much better in dealing with production line issues _after_ Elon stopped trying to force automation on everything and engineering the purchase of the financially struggling SolarCity venture and got re-enthused about going to Mars to save the Earth from billionaires. Maybe with his new infatuation with the stream-of-though-diarrhea of social media he’ll leave SpaceX alone to focus on the core business of putting stuff in orbit at competitive prices instead of setting Boca Chica on fire every few weeks. As for Twitter: [![](https://media.tenor.co/images/c15dea03a6e4df6c1d42ce4391b256e6/raw) ](https://media.tenor.co/images/c15dea03a6e4df6c1d42ce4391b256e6/raw) Stranger ---
**Author:** ![Rick\_Kitchen](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/rick_kitchen/32/522_2.png) [@Rick\_Kitchen](https://boards.straightdope.com/u/Rick_Kitchen)\ **Post date:** [May 11, 2022, 12:09am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/24 "2022-05-11T00:09:48Z")
So now he says he’s going to unban Individual 1. > **[Elon Musk says he'll reverse Donald Trump Twitter ban](https://www.npr.org/2022/05/10/1097942860/elon-musk-reverse-donald-trump-twitter-ban)** > > The billionaire said it was a "mistake" for the social network to ban the former president after the Jan. 6th Capitol insurrection. ---
**Author:** ![Dr\_Paprika](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dr_paprika/32/3042_2.png) [@Dr\_Paprika](https://boards.straightdope.com/u/Dr_Paprika)\ **Post date:** [May 11, 2022, 1:16am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/25 "2022-05-11T01:16:04Z")
I thought that Agent Orange had his own thing going? He has said that he wasn’t planning to return to Twit. And like his political positions, they are steadfast and true. We could take bets on the time it takes, but this would clearly be a waste if time given his stated feelings. ---
**Author:** ![Mallard](https://avatars.discourse-cdn.com/v4/letter/m/b9bd4f/32.png) [@Mallard](https://boards.straightdope.com/u/Mallard)\ **Post date:** [May 11, 2022, 3:24am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/26 "2022-05-11T03:24:49Z")
> [@Rick\_Kitchen](#): > > So now he says he’s going to unban Individual 1. > [Elon Musk says he'll reverse Donald Trump Twitter ban : NPR](https://www.npr.org/2022/05/10/1097942860/elon-musk-reverse-donald-trump-twitter-ban) What a shock and a surprise. The quasi Poutine types flock together. ---
**Author:** ![Stranger\_On\_A\_Train](https://avatars.discourse-cdn.com/v4/letter/s/13edae/32.png) [@Stranger\_On\_A\_Train](https://boards.straightdope.com/u/Stranger_On_A_Train)\ **Post date:** [May 11, 2022, 3:40am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/27 "2022-05-11T03:40:18Z")
> [@Rick\_Kitchen](#): > > So now he says he’s going to unban Individual 1. Elon Musk so desperately wants to be the [Friedrich Flick](https://weimar_republik.en-academic.com/237/Flick%2C_Friedrich) to Trump’s [_Gröfaz_](https://www.urbandictionary.com/define.php?term=Gr%C3%B6FaZ) that he’s willing to invest other people’s 44 billion dollars to do it. What a _schmuck_. Stranger ---
**Author:** ![nate](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/nate/32/13085_2.png) [@nate](https://boards.straightdope.com/u/nate)\ **Post date:** [May 11, 2022, 5:33am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/28 "2022-05-11T05:33:26Z")
Man, I’ve noticed you really have it out for this Elon Musk guy. You can’t stop yourself from shitting on him in every thread he’s mentioned. ---
**Author:** ![Kron](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/kron/32/12444_2.png) [@Kron](https://boards.straightdope.com/u/Kron)\ **Post date:** [May 11, 2022, 5:41am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/29 "2022-05-11T05:41:36Z")
[![](https://www.papo-france.com/373/white-knight-with-sword.jpg) ](https://www.papo-france.com/373/white-knight-with-sword.jpg) ---
**Author:** ![Smapti](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/smapti/32/17938_2.png) [@Smapti](https://boards.straightdope.com/u/Smapti)\ **Post date:** [May 11, 2022, 5:42am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/30 "2022-05-11T05:42:41Z")
[![](https://preview.redd.it/wmjmpxf46dw41.jpg?width=640&crop=smart&auto=webp&s=c3441011e4897fb413a0de02c5ad0916e852fd8b) ](https://preview.redd.it/wmjmpxf46dw41.jpg?width=640&crop=smart&auto=webp&s=c3441011e4897fb413a0de02c5ad0916e852fd8b) ---
**Author:** ![nate](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/nate/32/13085_2.png) [@nate](https://boards.straightdope.com/u/nate)\ **Post date:** [May 11, 2022, 5:50am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/31 "2022-05-11T05:50:08Z")
Don’t worry, I’m not getting into this again. It’s a waste of time for me. This will be my last post in this thread. ---
**Author:** ![Stranger\_On\_A\_Train](https://avatars.discourse-cdn.com/v4/letter/s/13edae/32.png) [@Stranger\_On\_A\_Train](https://boards.straightdope.com/u/Stranger_On_A_Train)\ **Post date:** [May 11, 2022, 5:51am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/32 "2022-05-11T05:51:07Z")
Man, I’ve really noticed the _unnatural_ affection you have for this Elon Musk guy. You can’t stop yourself from loving on him in every thread he’s mentioned. Stranger ---
**Author:** ![Smapti](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/smapti/32/17938_2.png) [@Smapti](https://boards.straightdope.com/u/Smapti)\ **Post date:** [May 11, 2022, 6:46am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/33 "2022-05-11T06:46:56Z")
[![](https://i.kym-cdn.com/photos/images/original/000/873/492/df8.gif) ](https://i.kym-cdn.com/photos/images/original/000/873/492/df8.gif) ---
**Author:** ![JohnT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnt/32/15048_2.png) [@JohnT](https://boards.straightdope.com/u/JohnT)\ **Post date:** [May 13, 2022, 11:43am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/34 "2022-05-13T11:43:24Z")
Deal is likely off: > ---
**Author:** ![Great\_Antibob](https://avatars.discourse-cdn.com/v4/letter/g/e47c2d/32.png) [@Great\_Antibob](https://boards.straightdope.com/u/Great_Antibob)\ **Post date:** [May 13, 2022, 12:16pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/35 "2022-05-13T12:16:15Z")
I still say it was an attempt at an elaborate pump and dump but the ‘pump’ part of it didn’t work out as Musk expected. I suspect the Trump thing was a last ditch effort to prop up Twitter stock, which had stalled the modest climb it was seeing on the potential buyout news, but this attempt failed miserably. If so, it’s one of a number of hare-brained schemes to influence the market, only on a different scale this time. ---
**Author:** ![JohnT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnt/32/15048_2.png) [@JohnT](https://boards.straightdope.com/u/JohnT)\ **Post date:** [May 13, 2022, 12:41pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/36 "2022-05-13T12:41:31Z")
Another factor at play here is that Tesla did park up to $1.2 billion in “excess cash” into crypto. I wonder how personally exposed Elon was to the crypto crash of the past week? > **[Crypto Whales Tesla, MicroStrategy Underwater as Bitcoin Crashes to 2020...](https://decrypt.co/100188/crypto-whales-tesla-microstrategy-underwater-bitcoin-crashes-2020-prices)** > > Bitcoin's current price means that Tesla and MicroStrategy are both down on their investments. Stockholders have also taken note. From Fortune, two days ago: > **[Bitcoin’s 50% crash erases all of Elon Musk’s gains on Tesla balance sheet](https://fortune.com/2022/05/11/bitcoin-crash-elon-musk-holdings-tesla-balance-sheet/)** > > Musk parked a big chunk of Tesla's nest egg in Bitcoin—the riskiest of risk assets—yet made nothing. ---
**Author:** ![snowthx](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/snowthx/32/10660_2.png) [@snowthx](https://boards.straightdope.com/u/snowthx)\ **Post date:** [May 13, 2022, 1:55pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/37 "2022-05-13T13:55:08Z")
Maybe Musk is manipulating the value of Twitter with his own tweet. I read Twitter stock is taking a dump this morning - maybe he is trying to get a better price for the company? Once the company’s value has softened, next week he’ll make a lower offer… > **[Musk Says His Twitter Takeover Is ‘On Hold,’ Then Says He’s ‘Still Committed’](https://www.nytimes.com/2022/05/13/technology/elon-musk-says-his-takeover-of-twitter-is-on-hold.html)** > > Mr. Musk said he wanted to confirm Twitter’s findings that spam and fake accounts make up less than 5 percent of its users. _Shares in Twitter had fallen about 20 percent in premarket trading after Mr. Musk’s initial tweet. He then posted again that he was “still committed to acquisition.”_ Also, unrest at Twitter offices… [https://www.sfgate.com/news/article/Managers-fired-from-Twitter-amid-Musk-buyout-17168467.php](https://www.sfgate.com/news/article/Managers-fired-from-Twitter-amid-Musk-buyout-17168467.php) _Twitter confirmed both departures and said the company is pausing most hiring and except for business critical roles. In addition, it said in a statement, “we are pulling back on non-labor costs to ensure we are being responsible and efficient.”_ ---
**Author:** ![JohnT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnt/32/15048_2.png) [@JohnT](https://boards.straightdope.com/u/JohnT)\ **Post date:** [May 13, 2022, 2:14pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/38 "2022-05-13T14:14:33Z")
He will get sued to Hell and back, not the least which will be by angry shareholders mad at his manipulation of their assets value. Also, there was that. I noted this morning that Twitter had a mass layoff/firing yesterday… and then he pulls this shit? Fuck the guy. ---
**Author:** ![Great\_Antibob](https://avatars.discourse-cdn.com/v4/letter/g/e47c2d/32.png) [@Great\_Antibob](https://boards.straightdope.com/u/Great_Antibob)\ **Post date:** [May 13, 2022, 2:57pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/39 "2022-05-13T14:57:39Z")
Yeah and not just Twitter shareholders but Tesla shareholders who have seen their shares take a wild ride (mostly down) these last few weeks. ---
**Author:** ![naita](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/naita/32/5862_2.png) [@naita](https://boards.straightdope.com/u/naita)\ **Post date:** [May 13, 2022, 3:01pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442/40 "2022-05-13T15:01:17Z")
Haven taken this opportunity to ditch my not-necessarily-healthy twitter habit I was kind of looking forward to see what unbanning Trump would do to Twitter, and to Truth Social. With Trump almost entirely staying off TS (unless something changed in the last month) until it’s “successful”, and potentially not being able to stay away from Twitter, if only to post 50 “Twitter is terrible, I’m only here to say this one thing” a day until suspended again, he could have helped destroy both! [Previous page](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442.md?page=1) [Next page](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-1/963442.md?page=3)