# Now that Musk bought Twitter -- Breaking News only **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Tags:** breaking-news, elon-musk\ **Created:** [November 29, 2022, 1:10pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737 "2022-11-29T13:10:55Z")\ **Posts on this page:** 20\ **Page:** 21
**Author:** ![pulykamell](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pulykamell/32/3166_2.png) [@pulykamell](https://boards.straightdope.com/u/pulykamell)\ **Post date:** [August 21, 2023, 2:37pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/401 "2023-08-21T14:37:43Z")
OK – that’s part of the context needed (for me at least) to fully flesh out in my head how significant or not this is. Like a superimposed graph of, say, Facebook and Instagram vs Twitter over the past 12 months, in terms of downloads (ditch the app store ranking) and see how they all compare. Those would be more apples-to-apples vs throwing Threads, which was a shiny hot new app for a wee bit, but now is feeling like it’s getting forgotten, in there. Is there a huge dip during Musk’s tenure. I would not be surprised if there is, but I don’t see it definitively yet. ---
**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:** [August 23, 2023, 12:24am UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/402 "2023-08-23T00:24:43Z")
> **[Elon Musk to strip headlines off news links on Twitter in latest overhaul](https://www.theguardian.com/technology/2023/aug/22/elon-musk-x-twitter-changes-news-links)** > > Move by the billionaire owner of the social media site may be an attempt to drive up subscription of the app’s premium service An example of what the new design may look like: > ---
**Author:** ![Walken\_After\_Midnight](https://avatars.discourse-cdn.com/v4/letter/w/b487fb/32.png) [@Walken\_After\_Midnight](https://boards.straightdope.com/u/Walken_After_Midnight)\ **Post date:** [August 23, 2023, 12:55am UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/403 "2023-08-23T00:55:06Z")
Here’s another example of what the new design may look like: [![](https://i.imgur.com/O0scUuo.png) ](https://i.imgur.com/O0scUuo.png) Maybe they’ll add the URL somewhere… ---
**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:** [September 5, 2023, 6:44pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/404 "2023-09-05T18:44:48Z")
Musk plans to get significant amount of more money! > **[As X bleeds cash, Musk threatens Anti-Defamation League with defamation lawsuit](https://arstechnica.com/tech-policy/2023/09/as-x-bleeds-cash-musk-threatens-anti-defamation-league-with-defamation-lawsuit/)** > > Musk claimed that ADL could be "on the hook" for $22B in X losses. ---
**Author:** ![N9IWP](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/n9iwp/32/3154_2.png) [@N9IWP](https://boards.straightdope.com/u/N9IWP)\ **Post date:** [September 7, 2023, 2:07pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/405 "2023-09-07T14:07:37Z")
One way to increase profits is not to pay bills. I get it – some vendors may take partial payment (now) rather than getting less net after legal fees (much later) > **[Musk stiffed Twitter vendors and dared them to sue—dozens did just that](https://arstechnica.com/tech-policy/2023/09/musks-unpaid-bills-dozens-of-lawsuits-try-to-force-twitter-aka-x-to-pay-up/)** > > The ultimate guide to unpaid-bill suits filed against X, Musk's social network. Brian ---
**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:** [September 7, 2023, 3:37pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/406 "2023-09-07T15:37:05Z")
I would expect that this would result in other potential vendors demanding payment before delivery for any future orders. ---
**Author:** ![gnoitall](https://avatars.discourse-cdn.com/v4/letter/g/bb73d2/32.png) [@gnoitall](https://boards.straightdope.com/u/gnoitall)\ **Post date:** [September 7, 2023, 3:59pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/407 "2023-09-07T15:59:00Z")
The wise ones, yes. The dumb ones will tell themselves “let me get their business booked and we can hassle over accounts receivable later.” And there is always at least one dumb one. ---
**Author:** ![Al128](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/al128/32/16541_2.png) [@Al128](https://boards.straightdope.com/u/Al128)\ **Post date:** [September 7, 2023, 4:17pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/408 "2023-09-07T16:17:36Z")
> [@N9IWP](#): > > One way to increase profits is not to pay bills. not according to commonly acknowledged accounting principles … → the cost will still be on the books … ---
**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:** [September 7, 2023, 4:18pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/409 "2023-09-07T16:18:11Z")
I’m impressed there are enough vendors being stiffed that one enterprising attorney is assembling a class action. The class participants won’t see their whole balance due but the total payout is gonna make Musk’s eyes water. ---
**Author:** ![N9IWP](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/n9iwp/32/3154_2.png) [@N9IWP](https://boards.straightdope.com/u/N9IWP)\ **Post date:** [September 7, 2023, 4:47pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/410 "2023-09-07T16:47:35Z")
> [@Al128](#): > > > [@N9IWP](#): > > > > One way to increase profits is not to pay bills. > > not according to commonly acknowledged accounting principles … → the cost will still be on the books … Probably fired accountants who know “commonly acknowledged accounting principles” Brian ---
**Author:** ![glowacks](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/glowacks/32/5548_2.png) [@glowacks](https://boards.straightdope.com/u/glowacks)\ **Post date:** [September 7, 2023, 8:46pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/411 "2023-09-07T20:46:50Z")
While true for accrual-based financial statements, it works perfectly well if you just care about cash flow. Since it’s not publicly traded any more there’s no need to get audited financial statements (at least for public inspection - they might need to for other purposes) so they probably don’t care too much about what GAAP says now. ---
**Author:** ![Northern\_Piper](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/northern_piper/32/5304_2.png) [@Northern\_Piper](https://boards.straightdope.com/u/Northern_Piper)\ **Post date:** [September 7, 2023, 11:53pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/412 "2023-09-07T23:53:45Z")
But wouldn’t he need audited financial statements for the purposes of his loans? I would think his banks would want to see them, no? ---
**Author:** ![glowacks](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/glowacks/32/5548_2.png) [@glowacks](https://boards.straightdope.com/u/glowacks)\ **Post date:** [September 8, 2023, 9:55pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/413 "2023-09-08T21:55:25Z")
Every loan covenant is different. Is there public knowledge of the loan covenants surrounding the loans he foisted on Twitter? ---
**Author:** ![WildaBeast](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wildabeast/32/6_2.png) [@WildaBeast](https://boards.straightdope.com/u/WildaBeast)\ **Post date:** [September 16, 2023, 9:15pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/414 "2023-09-16T21:15:28Z")
The UAW’s account can’t have a blue check anymore, because Elon doesn’t like them, I guess. Ok, he gave it back later, once people noticed. > **[Tesla CEO Elon Musk Temporarily Removed UAW's Twitter Verification Following...](https://jalopnik.com/tesla-ceo-elon-musk-temporarily-removed-uaws-twitter-ve-1850842993)** > > It's such a petty, weird decision, it could only have come from Elon ---
**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:** [October 3, 2023, 2:36pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/415 "2023-10-03T14:36:10Z")
> **[Musk considers charging all X users monthly fee | Business](https://www.news24.com/fin24/companies/musk-considers-charging-all-x-users-monthly-fee-20230919)** > > Elon Musk has suggested charging all users of his social media platform X, which would be the biggest shake-up since he took over the site then known as Twitter last October, but experts say he might struggle to get users on board. Brilliant idea! This will get rid of most of the riffraff! [and most of the rest too…] ---
**Author:** ![Northern\_Piper](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/northern_piper/32/5304_2.png) [@Northern\_Piper](https://boards.straightdope.com/u/Northern_Piper)\ **Post date:** [October 3, 2023, 3:43pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/416 "2023-10-03T15:43:01Z")
I’m sure there’s a case study of how well that worked here at the SDMB. ---
**Author:** ![Chronos](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/chronos/32/134_2.png) [@Chronos](https://boards.straightdope.com/u/Chronos)\ **Post date:** [October 3, 2023, 11:27pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/417 "2023-10-03T23:27:51Z")
Nah, a few folks loved the Dope well enough to stay. ---
**Author:** ![ekedolphin](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ekedolphin/32/10003_2.png) [@ekedolphin](https://boards.straightdope.com/u/ekedolphin)\ **Post date:** [October 4, 2023, 2:04pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/418 "2023-10-04T14:04:35Z")
Not gonna add _another_ subscription. Especially to something I never use. ---
**Author:** ![N9IWP](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/n9iwp/32/3154_2.png) [@N9IWP](https://boards.straightdope.com/u/N9IWP)\ **Post date:** [October 31, 2023, 2:23pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/419 "2023-10-31T14:23:11Z")
Musk bought Twitter for $44 Billion (including $13B in debt). X is apparently worth $19B based on employee restricted stock options. > **[X says it is worth $19bn one year after Elon Musk’s $44bn acquisition](https://arstechnica.com/tech-policy/2023/10/one-year-after-being-bought-for-44-billion-x-is-worth-19-billion/)** > > Social media platform to award equity to employees at $45 a share Important this is what X thinks itself is worth. actual value my differ (and is probably less IMHO) Brian ---
**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:** [October 31, 2023, 9:19pm UTC](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737/420 "2023-10-31T21:19:30Z")
Has Elmo been taking valuation lessons from DJT? [Previous page](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737.md?page=20) [Next page](https://boards.straightdope.com/t/now-that-musk-bought-twitter-breaking-news-only/975737.md?page=22)