Poor Elon Musk, he dipped his wick into a nest of the worst kind, an ugly virtual media company completely void of talent known as “Twitter”. She reminds me of that movie, “The Bride of Frankenstein”, one can only imagine how that all turned out for Frankenstein himself. Maybe that’s the reason why he never returned to the silver screen? I like one thing billionaire Warren Buffett said a long time ago, “I made the worst investments when I had the most [cash] to burn”. I think humans do this from time to time, money tends to burn a hole in our pockets; making us suffer from temporary lapses of reason. That’s what happened when Elon Musk threw down a cash offer recently for the worst piece of real estate in the world of virtual media. An offer to purchase the bride of Frankenstein herself [Twitter] for a whopping $54.20/share or $43 billion dollars!
I’m out of the loop on this but from this casual observer’s perspective it appeared that Elon had truly lost his mind, that is, unless he knows something no one else knows about this scummy Socialist Progressive contraption known as Twitter. What that “something” is is still not clear today. Unless Elon wants to use Twitter as the advertising platform for his Tesla autos, but still that’s a huge experiment and a ton of paper to pay upfront to commit when other marketing strategies are available for prices no where near this one. Indeed, most Wall St. pundits have questioned his motive here as well, it remains foggy to say the least. Please read my blog post dated April 14, 2022 titled, “Just What to do With Twitter” where I argue the question, why buy this ugly monster that serves only the Leftist Socialists among us?
It very well may be that a shotgun wedding will need to take place in order to settle this matter once and for all. I mean the Twitter bride is certainly not receiving any other offers out there. So it appears, from this 50,000 ft. level anyway, that Elon may be stuck with her, 2022’s version of the Bride of Frankenstein!
I wouldn’t walk away, I’d run! The company, at best is worth $25-$30 per share. Pay the slime and run.
I couldn’t agree more. I’d pay the $1 billion dollar break-up fee just so I wouldn’t have any further obligation if I were Elon. It’s a tall lesson to digest but could save Elon money in the long run! Give the fugly bride some dough to walk away!