Elon Musk sold $10 Billion+ of Tesla Stocks at Peak to buy Twitter

RedDuke · Jul 10, 2022

d08 said:
Random chit-chat. Show me where it's factually stated he owned that much bitcoin.

correct. He bought like 1.5 - 2 billion total in bitcoin.

2022TheEndGame · Jul 10, 2022

zdreg said:
Now present the facts for your post. Doubtful anything factual is forthcoming.

You are too busy with elitetrader.

Cuddles · Jul 10, 2022

Lucas_Paul · Jul 11, 2022

2022TheEndGame said:
Elon Musk sold $10 Billion+ of Tesla Stocks at Peak to buy Twitter. Tesla shares crashed from $1000 to $650

Now Elon Musk has terminated the $44 billion deal to buy Twitter exposing the massive scam & fraud going on in Big Tech companies

That guy has over 100M+ followers on twitter. He IS twitter bascically, so why would he ever buy it (read: give someone else money for the value he himself creates?). If he leaves twitter and starts posting somewhere else, what do you think is the twitter value going to be then?

newwurldmn · Jul 11, 2022

Lucas_Paul said:
That guy has over 100M+ followers on twitter. He IS twitter bascically, so why would he ever buy it (read: give someone else money for the value he himself creates?). If he leaves twitter and starts posting somewhere else, what do you think is the twitter value going to be then?

well 50mm or more of those followers are bots. So he’s not that popular.

perhaps he will post on yahoo finance boards or wsb instead.

Millionaire · Jul 11, 2022

newwurldmn said:
perhaps he will post on yahoo finance boards or wsb instead.

He could start his own. That would be another another Billion dollar valued pet project he can add to his existing list.

But he still owns almost 10% of twitter. Hasn't dumped his holding yet.

DWAC/Trump Social recently fell below 1 Billion market cap, but Friday it jumped 20% after hours on the news.

newwurldmn · Jul 11, 2022

Millionaire said:
DWAC/Trump Social recently fell below 1 Billion market cap, but Friday it jumped 20% after hours on the news.

speaking of fraudsters and hucksters …

Millionaire · Jul 11, 2022

RedDuke said:
correct. He bought like 1.5 - 2 billion total in bitcoin.

Does Tesla own those, or Musk himself?

Lucas_Paul · Jul 11, 2022

Millionaire said:
He could start his own. That would be another another Billion dollar valued pet project he can add to his existing list.

But he still owns almost 10% of twitter. Hasn't dumped his holding yet.

DWAC/Trump Social recently fell below 1 Billion market cap, but Friday it jumped 20% after hours on the news.

probably yeah, could start his own.

some underdog platform magically gets a new hype out of nowhere.

after being funded ofc

2022TheEndGame · Jul 11, 2022

Lucas_Paul said:
That guy has over 100M+ followers on twitter. He IS twitter bascically, so why would he ever buy it (read: give someone else money for the value he himself creates?). If he leaves twitter and starts posting somewhere else, what do you think is the twitter value going to be then?

Twitter has 230 million daily users. That is multi-billion dollars business. Why sell Twitter ?? Why is Twitter desperate to sell its business (Twitter) ??