Elon Musk buys and ruins Twitter

[BlueHammer85]

You seem desperate for it too happen?

So much so it’s almost every post you make these days lol.

Quite the opposite and would love to be wrong.

 

[I'm With Stupid]

The Sheikh bought city as an asset, he originally paid £200m and if city are apparently worth £4bn then that's a mere +1900% return.

Except that it's not, because after buying the club, he also invested a further £1.3bn into it. So that's an investment of £1.5bn increasing in value to £4bn in 16 years. Basically not much more than 6% a year in reality.

 

[Pedestrian]

Why is it nonsense?

City are valued at an estimated £4bn but we only make what £80m profit per year? Did the Sheikh really buy city because he wanted a business that made £80m a year? That's nonsense.

The Sheikh bought city as an asset, he originally paid £200m and if city are apparently worth £4bn then that's a mere +1900% return. Assets are valued by what somebody else is prepared to pay. City as a brand for example are worth something and so is our intellectual property, you can't reduce that to a profit/loss account.

Tesla has 3,198,000,000 shares in issue and they're currently trading at $400 each. That's a market capitalisation of $1,279,200,000,000 = $1.28tn. Do the same maths for Ford and they're worth what $40bn? Musk could easily buy Ford if he wanted to, it would make far more sense than buying Twitter for $40bn which never made a single penny of profit.

If you had to invest in a future asset then ask yourself today would you rather hold Ford shares or Tesla shares? If you had bought Tesla shares just 5 years ago then you'd be sat on twenty times your original investment whereas with Ford you'd probably still have whatever you started with.

Buying Twitter has made him a kingmaker. That’s worth more than £40b.

 

[super_city_si]

Not long now till he gives Reform some pocket money to see them in power next election

Million quid every day to the first white man who can name one of Tommy Robinsons favourite tropes.

 

[Gareth Barry Conlon]

Buying Twitter has made him a kingmaker. That’s worth more than £40b.

Depends what the King you bought does for you. 40bn of pump and dump profit will be a struggle.

 

[Pedestrian]

Depends what the King you bought does for you. 40bn of pump and dump profit will be a struggle.

Looks like his king has given him a key to the Whitehouse. Wouldn’t shock me if he’s VP at some point.

 

[bluesmith]

Looks like his king has given him a key to the Whitehouse. Wouldn’t shock me if he’s VP at some point.

No chance of Musk ever becoming Vice President

 

[Pedestrian]

No chance of Musk ever becoming Vice President

He may not take the title but I’ve no doubt he assumes the role. Vance will be fucked off pretty sharp once trump gets his picks in place.

 

[bluesmith]

He may not take the title but I’ve no doubt he assumes the role. Vance will be fucked off pretty sharp once trump gets his picks in place.

He cant take the title he's not a antural born American, which precludes him of being the VP.

 

[Pedestrian]

He cant take the title he's not a antural born American, which precludes him of being the VP.

That’s a rule that will be changed if needed.