# Now that Elon Musk has bought Twitter - now the Pit edition (Part 2) **URL:** \ **Category:** The BBQ Pit\ **Tags:** elon-musk\ **Created:** [August 13, 2024, 12:48am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634 "2024-08-13T00:48:45Z")\ **Posts on this page:** 20\ **Page:** 105
**Author:** ![Cervaise](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cervaise/32/16693_2.png) [@Cervaise](https://boards.straightdope.com/u/Cervaise)\ **Post date:** [March 28, 2025, 4:49pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2102 "2025-03-28T16:49:06Z")
If you own a Tesla and you’re having difficulty unloading it, or if you know someone who is, this website might be of interest to you. > **[Steal My Tesla](https://stealmytesla.com/)** ---
**Author:** ![Atamasama](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/atamasama/32/12961_2.png) [@Atamasama](https://boards.straightdope.com/u/Atamasama)\ **Post date:** [March 28, 2025, 6:46pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2103 "2025-03-28T18:46:44Z")
1-877-KARS-4-KIDS… K-A-R-S, Kars 4 Kids! Donate your Tesla today! ---
**Author:** ![LSLGuy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lslguy/32/5813_2.png) [@LSLGuy](https://boards.straightdope.com/u/LSLGuy)\ **Post date:** [March 28, 2025, 9:59pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2104 "2025-03-28T21:59:06Z")
> [@aurora\_maire](#): > > > This, Musk said, defeated any notion that the money was a “prize” to be won. “Make no mistake: an eligible voter’s opportunity to earn is not the same thing as a chance to win,” Musk said. So it’s either an illegal lottery, or it’s an illegal crooked lottery. Well, elmo, which is it? And while we’re at it, were you lying then or are you lying now? And when did you stop beating your wife? ---
**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:** [March 28, 2025, 10:09pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2105 "2025-03-28T22:09:39Z")
Elmo apparently deleted his tweet about the “giveaway” after the state AG announced they were investigating him. ---
**Author:** ![Sherrerd](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sherrerd/32/8_2.png) [@Sherrerd](https://boards.straightdope.com/u/Sherrerd)\ **Post date:** [March 28, 2025, 10:26pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2106 "2025-03-28T22:26:45Z")
> [@Atamasama](#): > > 1-877-KARS-4-KIDS… > > K-A-R-S, Kars 4 Kids! > > Donate your Tesla today! I know a lot of people hate those commercials with the heat of a thousand suns—but foisting Teslas on the organization seems to be an overly harsh revenge. ---
**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:** [March 28, 2025, 10:33pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2107 "2025-03-28T22:33:43Z")
> **[Dan Shafer (@danshafer.bsky.social)](https://bsky.app/profile/danshafer.bsky.social/post/3llhgpikfpc2c)** > > 10:50 a.m.: WisDems issue a press release saying Elon Musk "committed a blatant felony" in his post about his plans to "hand over two checks for a million dollars each" in Wisconsin on Sunday. > > Just over a half hour later, reports show Musk deleted... ---
**Author:** ![Atamasama](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/atamasama/32/12961_2.png) [@Atamasama](https://boards.straightdope.com/u/Atamasama)\ **Post date:** [March 28, 2025, 10:34pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2108 "2025-03-28T22:34:22Z")
> [@Sherrerd](#): > > I know a lot of people hate those commercials with the heat of a thousand suns—but foisting Teslas on the organization seems to be an overly harsh revenge. The organization isn’t that great either though. [Charity Watch: Costly and Continuous Kars4Kids Ads Disguise Charity’s Real Purpose](https://blog.charitywatch.org/costly-and-continuous-kars4kids-ads-disguise-charity39s-real-purpose/) I mean, they aren’t monsters, but they’re somewhat deceptive and have gotten in legal trouble in the past, so foisting crappy cars on them doesn’t trouble me too much. Plus, I like the idea of Musk’s swastikars benefiting an Orthodox Jewish charity. ---
**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:** [March 28, 2025, 10:35pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2109 "2025-03-28T22:35:59Z")
Meanwhile, Elmo has sold Twitter to himself for $45 billion. > **[Elon Musk’s AI Company Acquires X in $45B Deal](https://www.hollywoodreporter.com/business/business-news/x-sold-elon-musk-ai-company-xai-1236175325/)** > > The mogul said Friday that XAI had acquired the platform formerly known as Twitter in an all-stock transaction. ---
**Author:** ![Cervaise](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cervaise/32/16693_2.png) [@Cervaise](https://boards.straightdope.com/u/Cervaise)\ **Post date:** [March 29, 2025, 1:19am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2110 "2025-03-29T01:19:38Z")
Yeah. Another angle: > **[Unusual Whales (@unusualwhales.bsky.social)](https://bsky.app/profile/unusualwhales.bsky.social/post/3llhqxuqkes2j)** > > BREAKING: xAI has acquired X (formerly Twitter) at $33 billion ($45 billion less $18B of debt) per Elon Musk How is this not a straight up shell game? ---
**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:** [March 29, 2025, 1:35am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2111 "2025-03-29T01:35:20Z")
I’ve seen it described as Elmo using Xai investors’ money to pay off the debt he accrued from buying Twitter in the first place. IANAL but it sounds like a breach of fiduciary duty to me. ---
**Author:** ![Measure\_for\_Measure](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/measure_for_measure/32/557_2.png) [@Measure\_for\_Measure](https://boards.straightdope.com/u/Measure_for_Measure)\ **Post date:** [March 29, 2025, 2:30am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2112 "2025-03-29T02:30:53Z")
From Bloomberg: Musk bought twitter for $44 billion. Now he sold has sold it for $45 billion. (The $33 billion dollar figure doesn’t include the debt that was purchased with the deal). The combined value of XAI Holdings will be over $100 billion, at overvalued prices. The company just raised $1 billion this month. Investors include include Deepwater Asset Management, Sequoia Capital, Andreessen Horowitz, Fidelity Investments, and BlackRock Inc. XAI thinks that the proprietary data at twitter-X will be a goldmine for AI trained on shitposting. Global ad revenue at twitter-X is projected to be $2.26 billion this year, up 16.5% from last year. Projections are dubious and probably optimistic. 45/2.26 gives a forward looking P-Sales ratio of 20 (subscriptions are believed to be small in value). Microsoft, beneficiary of hefty valuations, has a price/sales ratio of 11. Disney has a more typical price sales ratio of 2. Snort. ETA: Substack might have more interesting training data. ---
**Author:** ![wguy123](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wguy123/32/3161_2.png) [@wguy123](https://boards.straightdope.com/u/wguy123)\ **Post date:** [March 29, 2025, 2:49am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2113 "2025-03-29T02:49:00Z")
> [@Cervaise](#): > > How is this not a straight up shell game? It’s ponzis all the way down. > [@Measure\_for\_Measure](#): > > XAI thinks that the proprietary data at twitter-X will be a goldmine for AI trained on shitposting. Can’t wait to see how it answers “was Hitler a bad guy?” ---
**Author:** ![Buck\_Godot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/buck_godot/32/6573_2.png) [@Buck\_Godot](https://boards.straightdope.com/u/Buck_Godot)\ **Post date:** [March 29, 2025, 4:36pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2114 "2025-03-29T16:36:00Z")
> [@Smapti](#): > > IANAL but it sounds like a breach of fiduciary duty to me. I’m sure investigating this will be a top priority of Trump’s SEC. 🙄 ---
**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:** [March 29, 2025, 9:22pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2115 "2025-03-29T21:22:39Z")
[![](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:s2jiq5q6f5uhl7ywqbxtsvmu/bafkreicwyvtahnsd3p35ecobhmzwp7fhj2xc7pmo6xtvykwqkcuzr254qu@jpeg) ](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:s2jiq5q6f5uhl7ywqbxtsvmu/bafkreicwyvtahnsd3p35ecobhmzwp7fhj2xc7pmo6xtvykwqkcuzr254qu@jpeg) [![](https://i.imgflip.com/9p33hv.jpg) ](https://i.imgflip.com/9p33hv.jpg) ---
**Author:** ![Sherrerd](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sherrerd/32/8_2.png) [@Sherrerd](https://boards.straightdope.com/u/Sherrerd)\ **Post date:** [March 29, 2025, 10:10pm UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2116 "2025-03-29T22:10:31Z")
> [@Atamasama](#): > > I mean, they aren’t monsters, but they’re somewhat deceptive and have gotten in legal trouble in the past, so foisting crappy cars on them doesn’t trouble me too much. Fair enough. Foist away! > [@Smapti](#): > > I’ve seen it described as Elmo using Xai investors’ money to pay off the debt he accrued from buying Twitter in the first place. Seems on-brand. Some embarrassing-if-true data on Elon’s X followers has been posted: [![](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:mzn5vgvlhyhprknale2fle72/bafkreie4btzlbao2xgrne225zh65oxqwmshzojknn52cxrsu5mloch6mry@jpeg) ](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:mzn5vgvlhyhprknale2fle72/bafkreie4btzlbao2xgrne225zh65oxqwmshzojknn52cxrsu5mloch6mry@jpeg) ---
**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:** [March 30, 2025, 2:06am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2117 "2025-03-30T02:06:34Z")
Elmo claims his work will be done by the end of May, after which he can get back to ignoring his other responsibilities. [https://www.livemint.com/news/us-news/elon-musk-to-step-down-from-doge-after-1-trillion-deficit-reduction-heres-what-he-said/amp-11743179099694.html](https://www.livemint.com/news/us-news/elon-musk-to-step-down-from-doge-after-1-trillion-deficit-reduction-heres-what-he-said/amp-11743179099694.html) ---
**Author:** ![eschereal](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/eschereal/32/18939_2.png) [@eschereal](https://boards.straightdope.com/u/eschereal)\ **Post date:** [March 30, 2025, 2:10am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2118 "2025-03-30T02:10:08Z")
That is six months too long. ---
**Author:** ![Atamasama](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/atamasama/32/12961_2.png) [@Atamasama](https://boards.straightdope.com/u/Atamasama)\ **Post date:** [March 30, 2025, 2:19am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2119 "2025-03-30T02:19:09Z")
> [@Smapti](#): > > Elmo claims his work will be done by the end of May, after which he can get back to ignoring his other responsibilities. My understanding is that the position he’s in is temporary anyway; his appointment can only last up to 130 days. > **[Elon Musk is serving as a ‘special government employee,’ White House says |...](https://www.cnn.com/2025/02/03/politics/musk-government-employee/index.html)** > > Elon Musk is officially serving under President Donald Trump as a special government employee, according to a White House official. > [According to a Justice Department summary,](https://www.justice.gov/jmd/ethics/summary-government-ethics-rules-special-government-employees) a special government employee is “anyone who works, or is expected to work, for the government for 130 days or less in a 365-day period.” Musk is not being paid, a person familiar with his employment told CNN. I believe Musk was appointed in the middle of January (a week after Trump was inaugurated), so he would be hitting that 130 day limit around the end of May if my quick and lazy math is correct. ---
**Author:** ![eschereal](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/eschereal/32/18939_2.png) [@eschereal](https://boards.straightdope.com/u/eschereal)\ **Post date:** [March 30, 2025, 3:17am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2120 "2025-03-30T03:17:50Z")
The middle of January would be 4 days _before_ inauguration day. If FuXwit was appointed a week after the inauguration, it would have been no sooner than the 26th. ---
**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:** [March 30, 2025, 3:59am UTC](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634/2121 "2025-03-30T03:59:58Z")
Elmo: The fundamental flaw of western civilization is empathy Also Elmo: How come everyone is being so mean to me, stop.it guys it’s not faaaaaaaaaaaair [![](https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:j53tav4pdcpfxyx2gcfr5fhb/bafkreic6jkukun2uecb7zd63e4734pzq524vmuvkc6yvrpblmb34np4tce@jpeg) ](https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:j53tav4pdcpfxyx2gcfr5fhb/bafkreic6jkukun2uecb7zd63e4734pzq524vmuvkc6yvrpblmb34np4tce@jpeg) [Previous page](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634.md?page=104) [Next page](https://boards.straightdope.com/t/now-that-elon-musk-has-bought-twitter-now-the-pit-edition-part-2/1005634.md?page=106)