Is Musk buying Twitter?
Politics
Making an all-cash offer of 43.4 Billion, something Musk can accomplish by selling Tesla stock to buy remaining discounted shares owed to him, then sell again, is going to make for an even bigger record tax bill for the current record holding US taxpayer who paid 11B last year. That bill could be somewhere in the neighborhood of 17-19 billion, depending on how and when he exercises the last options on the over 59 million shares of stocks he is owed.
Musk controlling Twitter and taking it private is dangerous, even more so than giving conspirator0 administrative code to ban people for “spam” thinking his work on bots make him a reliable partner.
No more oversight, Congressional hearings. No more rules for people even more dangerous than weaponized trolls.
thank you for this, next i will be buying substack for $3.50