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Elon Musk now owns Twitter, apparently trying to run it into the ground


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Posted
  On 3/25/2025 at 1:56 PM, Master-Debater131 said:

Elon Musk’s X obtains $44bn valuation in sharp turnaround

https://www.ft.com/content/d4616dec-c4c7-417f-8549-134710bbc5b1

 

So much for running it into the ground. X has completely rebuilt its value and is now worth the same as what it was purchased for.

 

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Paywalled. What exactly do they attribute to it making up what it lost and more than doubling its initial value? Did it go up every time a user said the N word?

I'm sure it's a coincidence that it happened after Musk was given a position to cut funding to everything he doesn't like.

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Posted
  On 3/26/2025 at 3:02 AM, PenguinBoss said:

Paywalled. What exactly do they attribute to it making up what it lost and more than doubling its initial value? Did it go up every time a user said the N word?

I'm sure it's a coincidence that it happened after Musk was given a position to cut funding to everything he doesn't like.

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I just want to point out that this is literally not even snark, this is just by far the most likely scenario.

Posted
  On 3/28/2025 at 10:46 PM, SwimOdin said:

That seems perfectly legal and not at all fraudulent.

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This is the exact same thing that Drumpf has done - have a property that goes to shit, claim to have sold it at a loss for the tax benefits, really just 'sells' it to some other company that -surprise- he's the sole owner of under all the fine print. Rinse, repeat. 100% fraudulent but it takes an auditor with an actual spine and balls AND money to go after him since he sues anyone who says anything bad about him.

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Posted

Conspiracy theory time!

What if everything he did and he’s doing was to clear the way for this bizarre and most likely illegal shuffling of debt? He’s much less likely to suffer any consequences now, and he can rid himself of the albatross he turned Twitter into.

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Posted (edited)

shhhhhh

listen...

can you hear the ketamine dry mouth and the uh uh uh

 

also...i guess he doesn't understand how federal rulings work. 

also also 10:05-lame duck smooshy handshake incoming. 

Edited by discolé monade
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Posted (edited)

Legendary investor Warren Buffett has announced that Berkshire Hathaway will acquire Tesla for a staggering $1 trillion in cash. The 94-year-old “Oracle of Omaha,” long known for his disinterest in tech stocks and electric vehicles, reportedly contacted Elon Musk directly to make the unprecedented offer.

“While I’ve publicly maintained that I don’t understand tech companies, I’ve secretly been driving a Cybertruck around my Nebraska neighborhood at night,” Buffett reportedly told investors on an early morning conference call on Tuesday, April 1. 

Perhaps most surprising is that Elon Musk has agreed to remain with the company, taking on the newly created role of “chief meme officer” while Buffett will personally oversee day-to-day operations.

  Reveal hidden contents

 

Edited by discolé monade
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Posted

This just means they finally understand having him out in the front of the cameras day in, day out is getting to be really bad for them. He'll simply move back into the shadows some, but I fully expect he'll still be there with his money, pulling the strings for as long as this administration lasts.

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Posted
  On 4/2/2025 at 11:48 PM, Dark_Cloud_Overhead said:

This just means they finally understand having him out in the front of the cameras day in, day out is getting to be really bad for them. He'll simply move back into the shadows some, but I fully expect he'll still be there with his money, pulling the strings for as long as this administration lasts.

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60-40. It'll really depend on if he even has the money to do anything anymore and/or if his own growing k-fueled paranoia allows him to even remain in the US. 

Drumpf hates losers and hates sharing the spotlight. Husk is now losing record amounts of money, lost an election that he was funding heavily [ including that lotto which...turns out was rigged because both of the 'random winners' just happen to work for the gop in some capacity ], and could be losing at least one of his companies if things continue.

I'm also guessing his kid wiped more boogers on things. 

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Posted
  On 4/2/2025 at 11:48 PM, Dark_Cloud_Overhead said:

This just means they finally understand having him out in the front of the cameras day in, day out is getting to be really bad for them. He'll simply move back into the shadows some, but I fully expect he'll still be there with his money, pulling the strings for as long as this administration lasts.

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Musk isn't going to step out into the shadows. He wants to be recognized as a genius. He loves the attention. He spent $44 billion on Twitter so he could have friends that would tell him nice things about himself. He uses props on stages in front of crowds because he loves the attention. The dude is a narcissist and isn't going to step back. He is going to distort things and cry a little bit, then try to get attention again. 

It's bad for Trump in that he's tied himself to someone just like him, except the narcissism turned up to 11. I think there is a bit of fear as to what would happen if Trump didn't act delicately and E.M. started going after members of the administration to his followers. 

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Posted
  On 4/3/2025 at 2:23 PM, _lost_username_ said:

Musk isn't going to step out into the shadows. He wants to be recognized as a genius. He loves the attention. He spent $44 billion on Twitter so he could have friends that would tell him nice things about himself. He uses props on stages in front of crowds because he loves the attention. The dude is a narcissist and isn't going to step back. He is going to distort things and cry a little bit, then try to get attention again. 

It's bad for Trump in that he's tied himself to someone just like him, except the narcissism turned up to 11. I think there is a bit of fear as to what would happen if Trump didn't act delicately and E.M. started going after members of the administration to his followers. 

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I think the damage may have already been done.  It seems odd to me that Trump has given Musk as much leash as he as, especially given how others in a position of power in his admin have been quickly and unceremoniously dropped when there was any chance of them upstaging or taking credit from Trump in front of his base.  Part of that is the obvious distraction that Musk provided while Trump worked his way through his unpopular tariff program, and I suspect that's why he announced Musk stepping back in May.  However, I think part of it is that Trump might be scared of what Musk could do if provoked.  Of all the people Trump has dealt with, Musk is the only one that has a legitimate cult-of-personality, and that makes him a wildcard.

It's no secret that Trump has been attempting to build on his own cult ever since his first election, and, for the most part, it's been stagnant - the people he counts has his most ardent followers tend to be extreme ideologues who have a conditional relationship with Trump.  At least before the election, Musk's cult was populated by people who were solely tied to his image as an innovator, entrepreneur and all around wealthy guy - the kind of people Trump would have relied on in his Apprentice days.  The problem is that Trump is competing for fans with a guy who has a tighter and more recent hold on them, and there is always the possibility that, should Trump go after Musk, Elon could readily mobilize his deranged fans against Trump.  That's not to say that Trump can't or won't turn on Musk, just that he's perhaps more aware of the risks than his hubris in other areas might suggest.

It may well be that Trump is waiting for Musk to damage his own base further in pursuit of Trump's goals, but that's not a sure thing.  Trump can't simply let Musk take the fall for his own bad ideas without there being blowback if and when he does nothing in the wake of Musk being sidelined.  He's in a something of a pickle thanks to his own incompetence.  Should Musk decide he wants another role in the government after his DOGE run ends, Trump will have to react in his typical manner and start finding ways to denigrate Musk publicly, and he runs a real risk of losing his own cult in the process.

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Posted (edited)

 

  On 4/3/2025 at 2:23 PM, _lost_username_ said:

Musk isn't going to step out into the shadows. He wants to be recognized as a genius. He loves the attention. He spent $44 billion on Twitter so he could have friends that would tell him nice things about himself. He uses props on stages in front of crowds because he loves the attention. The dude is a narcissist and isn't going to step back. He is going to distort things and cry a little bit, then try to get attention again. 

It's bad for Trump in that he's tied himself to someone just like him, except the narcissism turned up to 11. I think there is a bit of fear as to what would happen if Trump didn't act delicately and E.M. started going after members of the administration to his followers. 

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Well, yeah that's why I added on "some" there. I think you're right and he's still going to be out there on his own and continue tweeting as much as ever. Just I don't think they're gonna want to have him seen in White House meetings or out on the campaign trail stumping for candidates anymore.

Edited by Dark_Cloud_Overhead
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Posted
  On 4/2/2025 at 9:27 AM, discolé monade said:

Legendary investor Warren Buffett has announced that Berkshire Hathaway will acquire Tesla for a staggering $1 trillion in cash. The 94-year-old “Oracle of Omaha,” long known for his disinterest in tech stocks and electric vehicles, reportedly contacted Elon Musk directly to make the unprecedented offer.

“While I’ve publicly maintained that I don’t understand tech companies, I’ve secretly been driving a Cybertruck around my Nebraska neighborhood at night,” Buffett reportedly told investors on an early morning conference call on Tuesday, April 1. 

Perhaps most surprising is that Elon Musk has agreed to remain with the company, taking on the newly created role of “chief meme officer” while Buffett will personally oversee day-to-day operations.

  Reveal hidden contents

 

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When it said Buffet has been “secretly driving a Cybertruck at night” that was one clue it was a joke.  He probably hasn’t actually driven a car himself in the last 40 years 😆

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Posted
  On 4/3/2025 at 7:57 PM, 1pooh4u said:

When it said Buffet has been “secretly driving a Cybertruck at night” that was one clue it was a joke.  He probably hasn’t actually driven a car himself in the last 40 years 😆

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Hey now, remember that I've got an asshole around here that was giving himself a wankpanzer parade in the super early mornings when he thought no one would be able to flip him off. 

I flipped him off. I think he either found another route or the April snows killed his dumpster because he's disappeared again. 

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Posted
  On 4/4/2025 at 12:27 AM, katt_goddess said:

Hey now, remember that I've got an asshole around here that was giving himself a wankpanzer parade in the super early mornings when he thought no one would be able to flip him off. 

I flipped him off. I think he either found another route or the April snows killed his dumpster because he's disappeared again. 

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I’m sure it’s just that his putz-mobile fell apart. They also don’t vroom vroom in the snow too good either 😆

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Posted
  Quote

It's no secret that Trump has been attempting to build on his own cult ever since his first election, and, for the most part, it's been stagnant - the people he counts has his most ardent followers tend to be extreme ideologues who have a conditional relationship with Trump. 

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I disagree that it's conditional with is core, who are probably 1/4-1/3 of the voting public. After "Liberation Day" the attempts to offer explanations and rationalizations have disappeared. It's all just "Trust Trump" now. I don't see people doing that with Elon.

I don't think Elon is smart enough to know that going after Trump directly on Twitter would be bad for him. He paid $44 billion for all these friends and he doesn't want to lose valuable allies like catturd2. He'd probably go after people in the administration who his Twitter base doesn't like, which would start being a big headache for Trump.

Elon is more like a mascot than a cult leader. Elon and Trump differ in that Trump created a cult in MAGA and Elon just became the face of something that was already there. If Elon went to bed one night and didn't wake up, not much would change with his people, they'd just keep doing what they were doing and increase their Joe Rogan or Jordan Peterson listening. If the same thing happened to Trump, his movement would just fall apart because it was all centered around him. 

 

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 Trump will have to react in his typical manner and start finding ways to denigrate Musk publicly, and he runs a real risk of losing his own cult in the process.

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I don't think that Musk is really a threat to Trump's cult. Trump can get his people to turn on a dime against someone and I don't think Musk is an exception to that. Musk does have a lot of fans but, like I said, I don't think the relationship is like Trump.

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Posted

I'm not seeing "Trust Trump" here, but it's too soon at this point.  Regardless, that doesn't change the fact that his support is conditional - he doesn't get the people he gets without openly attacking immigrants and minorities and that, by definition, is a condition.  Practically speaking, no cult leader is supported completely unconditionally - it's just that the conditions tend to be warped and heavily influenced by irrationality.  Cult leaders are charming and manipulative, as is both Trump and Musk, and their power stems from their ability to reshape reality for their followers.  Both built up business images that were outwardly flamboyant while being nebulously defined.  Trump, however, put himself in a position of power, where success is more rigidly defined - the people who are in his cult now will pin any of the bad things that happen to them in their personal lives to Trump and his policies.  That's the reason he's leaned so heavily in openly labelling Biden as the cause of economic issues that don't exist - he's identifying and nullifying a condition for his cult members.

By saying his support is conditional, i mean it is necessarily so.  That's the difference between someone like Charles Manson who can get his followers to murder people because he says so and Trump who gets his government to murder immigrants by string arming his subordinates.

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Posted
  Quote

 Cult leaders are charming and manipulative, as is both Trump and Musk

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I can get why people call Trump charming. I've met people who've gotten money out of him for this charity or that. 

Musk ... I don't know if I've ever heard anyone call him "charming." Dude's pick-up line is "how would you like to have my baby through artificial insemination." Musk isn't a vessel for his followers like Trump is. He couldn't do like Trump and tell one of his fans "let me shit in your mouth" without losing that fan.

That's why I referred to him as a mascot -- Musk's fans seem to see him as the guy in the costume rallying the fans while Trump is the quarterback who can do no wrong. Musk could be replaced by the next guy with $200 billion willing to put on the costume while Trump is the only reason many of his people even show up to polls.

Even when Trump looked OLD and weak during that messed up press thing with Musk and his kid, the main thing I heard from his people was "wasn't that so cute, he was acting like a grandpa!" Trump just has this ability to warp reality for the people that love him ... I don't think anyone loves Musk.

Anyway, I think Musk is waning. Twitter is repulsive to most people. Teslas are shitty cars. He is losing his ability to keep saying "this will be real in five years, invest in me." SpaceX keeps blowing up rockets. Next year, he might not even be one of the top five richest people in the world depending on how bad Tesla suffers.

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Posted
  On 4/4/2025 at 6:09 PM, 1pooh4u said:

lol everything that Musk “gives birth” to, hates him 

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And/or explodes.

If Grok has a shelf life like most of his other projects, it's expiration could hypothetically take out the Xhitter servers AND every illegal server currently being allowed to use Xhitter resources...

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