What Would You Do?

Billionaire businessman Elon Musk offered to buy Twitter for $54.20 a share in a filing published yesterday, saying the social media company needs to be transformed privately. Musk’s offer values Twitter at about $43 billion.

According to Musk, the social media company needs to go private because it can “neither thrive nor serve” free speech in its current state. “As a result,” he said, “I am offering to buy 100% of Twitter for $54.20 per share in cash.”

$43 billion to buy total control (100% ownership) of Twitter? Seriously? Doesn’t that make you wonder…

What would you do for the world if you had 43 billion dollars to spend on anything and, when your done, you’d still be a multi-billionaire?

59 thoughts on “What Would You Do?

  1. emkingston April 15, 2022 / 3:01 pm

    Must be nice… I am trying to figure out how to put gas in my car. Lucky you don’t have to worry about that, lol. He could give me just 50K and I would be happy.

    Liked by 1 person

  2. XingfuMama April 15, 2022 / 3:32 pm

    “Free speech”? One person controlling a platform of that size is pretty much the opposite of that.

    Liked by 3 people

  3. rugby843 April 15, 2022 / 4:26 pm

    Read the need. This is disgusting

    Sent from my iPhone

    >

    Liked by 1 person

  4. Sadje April 15, 2022 / 5:43 pm

    Definitely help the poor countries to feed, house and provide free healthcare

    Liked by 3 people

    • Paula Light April 15, 2022 / 6:10 pm

      Definitely. I would help people and also animals in shelters. Twitter would be the last thing on my mind!

      Liked by 3 people

  5. Rochelle April 15, 2022 / 6:34 pm

    I would probably faint, first of all, and when I recovered I’d:
    Provide decent, affordable housing for everybody.
    Give enough money so that all school lunches were free and substantial, so no
    child would ever be “lunch shamed” again.
    Set up a publishing company and reprint expensive and hard to find books at affordable prices,
    no book over $5.00.
    Take over every nursing home and/or assisted living facility and make them more like luxury resorts, without sacrificing any needed health care. Families would pay what they could afford.
    Buy all the high-kill animal shelters and make them no-kill (except in the case of an incurably
    sick, suffering animal).
    Put together a team of doctors and scientists to work on a way to not just cure, but PREVENT
    cancer.
    Distribute food, water,and medicine wherever needed,
    Build amusement parks with rides large and strong enough to accommodate wheelchairs.
    Donate enough money so that all tv shows, including old ones, would have audio descriptions
    for the sight-impaired. (I have an online friend who is legally blind)

    Liked by 1 person

    • Marleen April 18, 2022 / 2:55 am

      I was disillusioned or, better description, sad to find out a person can save up enough money to pay a hefty (I do mean hefty) monthly fee for a nice care home (sorry I haven’t learned the terminology yet for not a nursing home… but my aunt can’t leave) and meals in a very nice dining room while the people at the tables for meals, when said person gets to that point in life, can’t expect proper service. I don’t even mean fancy or ingratiating service, just coffe and other drinks at the right time and so forth. I guess we’re just supposed to be grateful (oh and I am grateful) the residents aren’t full-out mistreated or abused like they used to be (and still are in some places).

      Liked by 1 person

      • Marleen April 25, 2022 / 12:47 am

        The man who complained — the same way any man would when out tk eat for instance — about it on a particular day I was there (and saw of myself) was soon booted out of the place.

        Liked by 1 person

  6. Taswegian1957 April 15, 2022 / 6:55 pm

    I agree with Sadje and Paula. If I had that kind of money to spend on anything I think helping to provide basic needs like food, shelter and clean water and medical care for poor people wherever they are would be my priority. I’d also be spending some of it on animal welfare. Well if I had the kind of money that man has I could probably spend that much to do good every year and still have a very nice life.

    Liked by 2 people

  7. Nope, Not Pam April 15, 2022 / 9:54 pm

    That’s plain troubling. Why is he willing to pay that much? What’s he getting out of it?

    Liked by 1 person

    • Fandango April 15, 2022 / 10:55 pm

      That is THE BIG QUESTION, isn’t it?

      Like

      • Nope, Not Pam April 16, 2022 / 2:44 am

        Oh, I like how you type that ☺️

        Liked by 1 person

  8. chey April 15, 2022 / 10:27 pm

    Dang that’s crazy! I’d probably invest in making a new company but first I’d use the money for essentials like buy or fix a house or car and then make a plan for next big idea to use the money wisely. Lol that crazy! So this is for free speech or what is he planning? I find it very interesting.

    Liked by 1 person

    • Fandango April 15, 2022 / 10:53 pm

      That’s the question, what IS he planning? What is he expecting in return for his billions of dollars?

      Liked by 1 person

  9. Faye Arcand April 15, 2022 / 10:37 pm

    Seriously! I feel like the reality is completely lost on people. Oh my goodness the education that $ could fund. Or housing or support or… Fandango thanks for making us think about this in another dimension of reality. 🤓

    Liked by 2 people

    • Fandango April 15, 2022 / 10:50 pm

      You’re welcome, Faye. I do think about how much good that money could do for the benefit of society.

      Liked by 1 person

  10. writerravenclaw April 16, 2022 / 2:51 am

    I would like to think I would help solve a few of the world problems with that sort of money.

    Liked by 1 person

  11. Marleen April 16, 2022 / 8:37 am

    Although I’ve been noticing the progression of Musk getting involved with Twitter (in the sense of ownership and considering being in the board and so forth), my answer was (sardonically): put a tunnel under the Vegas strip for a few high-profile visitors. Then, I wanted to know who he’d needed to get to approve that (didn’t exactly find that answer and, no, the characters twitter were not in my search).

    https://nymag.com/intelligencer/2013/08/musks-hyperloop-is-a-political-manifesto.html

    ………….

    For years, government has been a nuisance to Elon Musk. It’s slowed him down. It’s required him to spend his valuable time lobbying his Twitter followers for support in the New York legislature instead of building rockets. It’s required him to explain his mind-bending technical innovations to grayhairs in Congress as if he were speaking to schoolchildren. Over and over, the public sector has convinced Musk that it is hopelessly lost when it comes to matters of innovation, and that anything truly revolutionary must spring from the ambitions of the private sector.

    So it’s not exactly a surprise that in 2008, when California’s voters approved funding for a high-speed rail system, Musk rolled his eyes. As he wrote in his Hyperloop proposal, the idea of a next-generation transportation system didn’t come to him as an epiphany out of thin air — it was a response to a specific political failure he saw unfolding around him: When the California “high speed” rail was approved, I was quite disappointed, as I know many others were too. How could it be that the home of Silicon Valley and JPL [NASA’s jet propulsion laboratory] – doing incredible things like indexing all the world’s knowledge and putting rovers on Mars – would build a bullet train that is both one of the most expensive per mile and one of the slowest in the world? Musk proceeded to explain that while the California high-speed rail project, which is projected to cost over $60 billion once completed, promised to send passengers from L.A. to San Francisco in two hours and 38 minutes, he figured out that he could build a Hyperloop that would make the same trip in just 35 minutes and would cost only about $6 billion. He could do this using only technology that already existed, with minimal environmental or land disruption.

    Now, Musk doesn’t actually want to build the Hyperloop. On a conference call yesterday, he said that the project ranked “low-priority” for him compared to SpaceX and Tesla. And it’s easy to see why. The bureaucratic nightmare involved in supplanting California’s existing high-speed rail project with one of his own design (and securing land-use rights, political approval, and funding to make it happen) would make sending rockets to Mars look easy. Musk has many ambitions, but explaining linear accelerators to farmers in Fresno is probably not one of them.

    Still, it’s worth remembering the bigger, more salient point of the Hyperloop proposal: that beneath the futuristic design and sci-fi specs lies a political strategy at work. Musk wants to train normal people to look to private enterprise, not government, for the innovations that will improve their lives, and he wants them to pressure lawmakers to get out of the way of technological progress. That’s a far different project than moving people from San Francisco to L.A. in half an hour, but in many ways, it’s the greater challenge. Californians, after all, have voted for high-speed transport. The decision they now have to make is about who should be trusted to give it to them — their elected officials, or a 42-year-old entrepreneur with a PDF

    Like

    • Marleen April 16, 2022 / 9:37 am

      The article (above) is from August, I should say, of 2013.

      And I sure messed up with not getting the italicization right on the rest of the article — through to the end of the post. Plus, the midst of the second paragraph in that post of mine is supposed to be set off because it’s quoting Elon without the proper punctuation the way I put it through (while you can see it correctly-presented at the article itself). Sorry about all that. Here is the part of the article that comes right before what I posted:

      ….. This outlook is not explicitly libertarian — except, in cases like that of Musk’s fellow PayPal billionaire Peter Thiel, when it is — but it does share with libertarianism some hostility toward the way government currently works, and the speed with which it accepts change. Call it Libertarianism Lite — the view that while government may not be the source of all of humanity’s problems, it certainly isn’t solving them as well as it could.

      “I expect [Musk] will prove, once again that the private sector (and not the government) should be handing public transportation,” Draper told me yesterday after the Hyperloop announcement. “He is smart to go after inefficient government public works.”

      Musk has a long history of political entanglement — usually with people trying to scuttle his various big-think projects. SpaceX has been a target of regulatory concerns from the get-go, most recently from Texas legislators who opposed letting Musk build an airport for spaceships at a site near Brownsville. Tesla has also clashed with lawmakers in New York and other states who have tried to stop the company from selling electric vehicles directly to consumers. These are the kinds of obstacles no tech CEO wants to face — and yet, because of the scope and scale of Musk’s ambitions, he has to climb over them.

      NOW… this (below) unitalicized portion after italicized paragraphs is me speaking, not more article.

      I feel that NY MAGAZINE was sort of downplaying what Musk is involved in… it is quite Republican (big r); I don’t know if the downplaying was intentional or just ignorant.

      You may have seen Abbott of Texas (governor) singing praises of Elon Musk lately. That being so, the words “some hostility toward the way government currently works” is odd and confusing (I’m gonna go with intentionally). Libertarians pretty much hate government, all the time (at least in peddled ideology). You can call that Libertarianism Lite if you mean he’s just trying to make it and the Republican Party sound better. And, come on, Thiel is a Republican. He had a prime time spot with Donald Trump on television for the Republican National Convention that put Trump in office. Libertarians run as Republicans. And Democrats are Republican Lite.

      This, chopped from the same line, describes ME: “[unhappiness with] the way government currently works, and the speed with which it accepts change.” I’m progressive.

      Liked by 1 person

    • Marleen April 16, 2022 / 6:10 pm

      Now, I did find a surface answer as to who approved Elon’s project in Vegas (in the early bullet points at the link).

      https://www.msn.com/en-us/autos/news/i-rode-in-elon-musk-s-tesla-tunnel-under-las-vegas-and-lived-to-tell-the-tale/ar-AAQv4EQ

      ……………..

      Later, on another ride, we hit 42 mph. I took a few rides during my time at SEMA. They were all serene, certainly less terrifying than a ride I had taken a few years ago in The Boring Company’s Hawthorne project tunnel. In that scarefest the Model X was driven autonomously, with spring-loaded side wheels at the car’s corners bumping off curbs in the tunnel at exponentially higher rates. Finally, at about 45 mph, an engineer in the driver’s seat had to grab the wheel to keep us from obliteration. (I must say I prefer the new approach I experienced in Vegas.)

      …..

      …..

      ……………..

      Liked by 1 person

      • Marleen April 16, 2022 / 6:48 pm

        https://blooloop.com/technology/news/elon-musk-tesla-tunnel-las-vegas/

        Here’s a segment from this article (at the beginning):

        The Las Vegas Convention and Visitors Authority (LVCVA) shared a first look at the transportation system, which is located beneath the Las Vegas Convention Center (LVCC).

        Known as the Las Vegas Convention Center Loop, the transportation solution is operational and will be available when LVCC launches its first major convention in June 2021.

        The $52.5 million system will speedily transport convention guests via one-way tunnels across the 200-acre campus in all-electric Tesla vehicles.
        { This is a funny statement — “speedily” — given the article says the vehicles can go over a hundred miles per hour but will go about forty. Yet it’s true enough compared to trying to walk through Vegas (which I’ve done once over about a two or three day period), although I might be mixing up the convention area with the strip. }

        “We are excited to have partnered with Elon’s company to bring this transportation ‘first’ to our valued convention customers,” said Steve Hill, president and CEO of LVCVA.

        And here’s another segment (to the end):

        LVCVA announced its support for the Loop back in 2019.

        Meanwhile, Musk’s Neuralink has implanted a wireless chip into a “totally happy” monkey’s brain, letting him “play video games using his mind”.

        Like

      • Marleen April 16, 2022 / 8:28 pm

        Jan 8 2022

        https://www.msn.com/en-us/news/technology/elon-musks-las-vegas-loop-tunnel-concerns-riders-afraid-of-getting-trapped-underground/ar-AASywXU

        Musk is pictured unveiling The Boring Company’s test tunnel in Hawthorne, California on December 18, 2018.

        Safety concerns have been raised for Elon Musk’s futuristic “loop” transportation tunnels after riders experienced a traffic jam while using the system during a Las Vegas convention.

        The tunnels were built by billionaire Musk’s The Boring Company and use Tesla vehicles to transport riders in a single lane underground.

        Although Musk began his tunnel-digging endeavor as a proposed solution to gridlock, viral video of the traffic jam forming during this week’s 2022 CES consumer electronics trade show quickly prompted mockery by demonstrating that the system is far from immune to the issue.

        … [Thursday:] “Congratulations @CityOfLasVegas this must be the most advanced traffic jam in the world!”

        Liked by 1 person

      • Marleen April 25, 2022 / 12:49 am

        https://www.inputmag.com/tech/starlink-russian-jamming-attack-us-military-elon-musk-vladimir-putin

        Starlink fought off Russian jamming attack faster than the military could

        Though Elon Musk has generally declined for Starlink to get involved with the ongoing Russian invasion of Ukraine, the satellite internet company has apparently been thrown into the fray anyway. Starlink’s infrastructure was able to fend off a Russian cyberattack with incredible speed, according to Dave Tremper, the director of electronic warfare at the Office of the Secretary of Defense.

        Just a day after reports of the jamming attack came to light, Starlink managed to jump in and kill it. “Starlink had slung a line of code and fixed it,” Tremper said at the C4ISRNET virtual conference. “How they did that was eye-watering to me.”

        PENTAGON’S GOT SOMETHING TO LEARN — It’s obvious from Tremper’s comments (particularly the “eye-watering” one) that the Pentagon really had no idea blocking a Russian cyberattack could be quite so easy. Tremper also noted specifically that the official U.S. response to that jamming attack had a “significant timeline” to correct the necessary vulnerabilities.

        Already U.S. cybersecurity officials are planning to take notes directly from Starlink’s responses. “There’s a really interesting case study to look at the agility that Starlink had in their ability to address that problem,” Tremper said. “We need to be able to have that agility.

        NOT ALL BAD? — Starlink, like all of Elon Musk’s Big Idea projects, has been met with a mixture of fanfare and outright disdain. The satellite internet program makes lofty promises — high download speeds and low latency just about anywhere on the planet — but those promises come with some sizable caveats. The upfront costs of setting up a Starlink terminal are certainly not affordable, for one thing, and customers that live in close proximity to each other have found their connections to be spotty at best.

        SpaceX had sent some Starlink terminals to Ukraine when the Russian invasion first began, as a measure by which to assist Ukraine in maintaining internet connectivity. Russia reportedly tried jamming up those terminals almost as soon as they arrived — but Starlink was able to remotely close up its vulnerabilities with a relatively simple system update.

        PENTAGON’S GOT SOMETHING TO LEARN — It’s obvious from Tremper’s comments (particularly the “eye-watering” one) that the Pentagon really had no idea blocking a Russian cyberattack could be quite so easy. Tremper also noted specifically that the official U.S. response to that jamming attack had a “significant timeline” to correct the necessary vulnerabilities.

        Already U.S. cybersecurity officials are planning to take notes directly from Starlink’s responses. “There’s a really interesting case study to look at the agility that Starlink had in their ability to address that problem,” Tremper said. “We need to be able to have that agility.

        NOT ALL BAD? — Starlink, like all of Elon Musk’s Big Idea projects, has been met with a mixture of fanfare and outright disdain. The satellite internet program makes lofty promises — high download speeds and low latency just about anywhere on the planet — but those promises come with some sizable caveats. The upfront costs of setting up a Starlink terminal are certainly not affordable, for one thing, and customers that live in close proximity to each other have found their connections to be spotty at best.

        Starlink as a company is also going to struggle with profitability for the foreseeable future. SpaceX loses about $800 for every home setup it sells, and launching the company’s full satellite array is going to costs upwards of $30 billion over the next decade.

        If the Pentagon is to be believed, the technology behind Starlink is significantly more advanced than even the U.S. government knew. If we get nothing else out of Starlink, perhaps our top defense officials will be able to learn a thing or two from SpaceX’s satellites.

        Liked by 1 person

  12. Marleen May 18, 2022 / 7:54 am

    Elon Musk’s Crazy Decision about Canceling
    Twitter Deal · video put on YouTube yesterday

    Liked by 1 person

    • Marleen May 19, 2022 / 8:52 am

      Is Elon Musk GOING TO BAIL … ?

      Liked by 1 person

  13. Marleen May 21, 2022 / 11:12 pm

    E69: Elon Musk on Twitter’s bot problem, SpaceX’s grand plan, Tesla stories, Giga Texas & more · 5 days ago

    I don’t agree with a lot of what he says. But it’s an interesting update or window in the matter.

    Liked by 1 person

  14. Marleen May 22, 2022 / 5:04 pm

    … Elon Musk coming out as Republican was in preparation for something.

    Liked by 1 person

    • Marleen May 25, 2022 / 10:32 am

      I have developed an analytic and suspicious eye. In this promo piece, presented as if unbiased news, there is a spot where a major player who recently retired is quoted as saying he never felt stressed one day in his life ehime working for Elon. I’m speculations on the detail, but it’s highly possible this kind of statement was a requirement for the man to get a golden parachute. (Consider, for instance, that Elon wasn’t averse to pushing an NDA to handle the matter of his harassing an employee.)

      SpaceX Vice President Reveals What Public Doesn’t Know About Elon Musk

      Liked by 1 person

    • Marleen May 26, 2022 / 6:26 pm

      Elon has been referenced in the Johnny Depp (and amber heard) hearings, too (of late) because he dated Johnny’s ex. That’s not in this recording; this “doctor” has repeatedly (and with no substantiation) talked like Johnny got street Valium (instead of a prescription) is why I’m sharing it.

      Liked by 1 person

      • Marleen May 27, 2022 / 7:54 am

        https://wegotthiscovered.com/news/elon-musk-reportedly-battled-over-embryos-and-bugged-amber-heards-tesla-according-to-account/

        Elon Musk reportedly battled over embryos and bugged Amber Heard’s Tesla, according to account

        A court-submitted declaration from a woman describing herself as the friend of Amber Heard’s sister, Whitney Henriquez, claims Heard’s mother told her the Aquaman star and Tesla founder Elon Musk were in a court battle over embryos and that the billionaire once gifted her a bugged Tesla.

        This has all come to light amid Heard’s legal battle with Johnny Depp, in a trial of dueling defamation lawsuits.

        ……….

        Howell went on to state that Musk allegedly wanted to “destroy” the embryos, but Amber wanted to keep them to have a baby, Paige allegedly told her. The late mother of The Adderall Diaries star went on to say she thought Depp was an “angel” compared to Musk, according to Howell’s account, and that Amber was “violent” to Depp.

        ……………

        Liked by 1 person

  15. Marleen May 23, 2022 / 10:32 am

    https://finance.yahoo.com/video/recent-jeff-bezos-tweets-prompt-210620260.html

    [Commentator]: Speaking of billionaire status, you may have noticed that Elon Musk isn’t the only one being more vocal on Twitter. We’ve obviously seen Jeff Bezos weighing in, giving his hot takes on his response to President Biden, talking about the relationship between inflation and putting more taxes on the wealthy. And that’s prompted one writer to ask, hey, is this political involvement about Jeff Bezos potentially running for office? Seana, what do you think?

    SEANA SMITH: You know, it’d be interesting. … I think a lot of these, whenever former CEOs, whenever they step down, whenever they take on the chairmanship role, I think there’s lots of questions out there about what their aspirations could be. ……

    DAVE BRIGGS: … yes… Here’s the thing. We don’t know much about Jeff Bezos’s politics. We know that if you read the tea leaves, he sounds like a fiscal conservative. He sounds like a social libertarian. And guess what? That is the largest political party in the country by a mile. The middle, the independents, that is the biggest party, and it ain’t close. And maybe that’s what he wants to do here. I’ve always said the only one that could pull this off is someone that can self-finance, someone that can break all the rules.

    🤦🏼‍♀️This is how we got Trump; longing worship for “a businessman”
    (I think the guy uses the word businessman if you listen to the video).

    Liked by 1 person

    • Marleen May 23, 2022 / 10:41 am

      Trump said he was self-financing because he was rich; it’s not what was happening (and anyone can say it). Yes, I went back and listened again. The last sentence in the recording is, “I’ll keep up my hope for a businessman to run …”

      Liked by 1 person

  16. Marleen May 25, 2022 / 10:45 am

    What the WEF just said at Davos is TERRIFYING, and we should all pay attention | with Clayton Morris · 17 hours ago

    Like

  17. Marleen May 26, 2022 / 11:44 pm

    I have to agree.

    https://finance.yahoo.com/news/elon-musk-sued-twitter-shareholder-192223700.html

    ……….

    Tyson Redenbarger, partner at Cotchett, Pitre & McCarthy, one of the plaintiff’s lawyers on the case, described the complaint as “as simple as it sounds.” The California statute the complaint cited prohibits market manipulation, and “what we allege in the complaint is it’s clear this is exactly what has happened,” he added.

    ……….

    Liked by 1 person

    • Marleen May 28, 2022 / 2:31 pm

      How many bots are on Twitter?

      Twitter’s official estimate is that less than 5% of its 229 million monetizable daily active users are automated bots.

      That differs from research by Dan Brahmy, CEO of the Israeli tech company Cyabra, who gave Reuters an estimate of 13.7%. Musk himself told the “All In” podcast he thinks the number is at least 20%.

      But most experts have argued it is very difficult to quantify the number of bots on Twitter, with Kai-Cheng Yang and Filippo Menczer arguing in The Conversation that the definition of a bot is disputed, and that the argument misses the point because it ignores different users’ experiences.

      The number of genuine active users has implications for the final price of a deal.

      Mark Weinstein, founder of MeWe, a “freemium” social networking app with 20 million users, told Insider that advertisers give Twitter money on the basis they are marketing to humans. If millions of users are actually bots, then Twitter would be worth less, he said.

      https://www.businessinsider.com/musk-right-demand-lower-fee-based-bot-fight-experts-say-2022-5

      “If it was proven that 25% of the [users] were actually bots, then advertisers would demand a lower rate, if Twitter was unable to filter them out,” Weinstein said.

      Will Musk get his 25% discount?

      Liked by 1 person

  18. Marleen May 28, 2022 / 1:22 pm

    https://www.yahoo.com/news/elon-musk-said-bill-gates-121120421.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAIdnKyY-Od2fhEvya1vgOrvDyb8T6aO0H5-YClhWiBNSzVMPKJbJwfP6ZxuhAYp5-Fjql07NpEDqFdZqP4qUXbmv2ELjPrYL3zsDqLMbiDJIpl7fpRxnaXVZ_VxGNJM15tbfYHBpT9tumNug8ghcNjnTa3mjx3N7ulSYGzbrBx_0

    Elon Musk said Bill Gates has a multibillion dollar short against Tesla and called Jeff Bezos “fine, I guess,” in a series of tweets targeting rival billionaires.

    Musk’s tweets followed a poll asking his followers to decide whether they trusted “politicians” or “billionaires” less, with 76% of the 3.4 million respondents voting for “politicians.”

    Musk had earlier dared Democrat Congresswoman Alexandria Ocasio-Cortez to ask her own followers the same question, while other followers wanted to know Musk’s opinion of other billionaires.

    Responding to conservative author Brigette Gamble’s tweet that she did not trust Gates, Musk replied: “Since Gates still has a multi-billion dollar short position against Tesla while claiming to help with global warming, I guess I have some trust issues with him too.”

    He added in another reply that the short had been “$500M, but then Tesla went up a lot, so now it’s $1.5B to $2B to close it out.”

    ……………..

    Liked by 1 person

  19. Marleen July 10, 2022 / 12:30 pm

    Streamed 4 hours ago: Elon Musk … Twitter Deal

    Liked by 1 person

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