Elon Musk buys Twitter for $44bn

Frankzy

Member
Location
Jamtland, Sweden
Isn't he the pr*ck who called one of the potholers who rescued those kids a pedophile ? What a knob.

Yeah but to be fair it was in the middle of a pretty heated argument that he, (the potholer), had started by calling Musk's involvement a PR stunt even though it was the rescue team who had asked him to...

'Developed electric cars'- no he did not.

Developed does not mean "invented", nobody is claiming he invented them but just like Apple didn't invent handheld touchscreen devices we wouldn't be where we are without the two breakthroughs in product development.
 
Yeah but to be fair it was in the middle of a pretty heated argument that he, (the potholer), had started by calling Musk's involvement a PR stunt even though it was the rescue team who had asked him to...



Developed does not mean "invented", nobody is claiming he invented them but just like Apple didn't invent handheld touchscreen devices we wouldn't be where we are without the two breakthroughs in product development.

He did not develop or invent the electric car.

He started a company that turned out electric cars. People are then hailing him like some kind of saviour when he had zero experience of car manufacture or even marketing and of course entered the game with no existing production lines, employees or tooling so had something of an advantage against existing players in the marketplace. He is hardly Toyota, is he? Come along now.

And as for twitter, I don't care who owns it. It's ecosystem or content has zero real meaning to me, as it is, like much of the internet, created by the internet itself. It is not a reliable source of information and has no bearing on democracy, free-speech or civil/human rights. It's an online platform where users are obliged to post only within the rules that twitter insist upon.
 

toquark

Member
I'm glad you mentioned the war. Post both wars there were some pretty stringent tax rules drawn up that aimed to directly tax the rich.
Yes, post war. The estate he rented from were forced to sell up and he nearly lost the lot.

I agree that the tax situation is mental, but that's a separate discussion from Elon Musk buying Twitter really.
 

pellow

Member
Location
Newquay
Elon Musk was not the inventor of PayPal, nor was he a part of the development of PayPal, we was involved as a shareholder of x.com, one of the companies that merged to create PayPal, and held a stake of PayPal because of that merger, and profited greatly when PayPal was sold to eBay

As for Tesla, you can read it all online how he acquired the business and part of the conditions of the take over was that he would be named as founder

Fair play the guy has made a lot of money, its from shrewd and ruthless acquisition not invention I am afraid
 

Widgetone

Member
Trade
Location
Westish Suffolk
Crazy name, crazy guy.

Never tweeted in my life - left it to the birds - but seems 'wrong' to have these d**k* ( Bezos, Branson et al ) with fat wallets controlling the the way so many ppl think/work/live.
At least Bill Gates seemed to do the right thing, or maybe i'm fooled again..
 

oil barron

Member
Location
Aberdeenshire
Please, explain to me how it is morally right for individuals or companies to radically increase their new wealth during a pandemic and with most Western countries deeply in debt?

What fudging odds does it make how big your pile of treasure is? Is 1 billion not enough?
I don’t think you understand the difference between cash and something you own growing in value.

he has very little cash. All his wealth is the value of Tesla and SpaceX. If he was forced to pay more tax ( which he voluntarily did last year as the largest tax payer in the world), then he has to dilute his shareholding to turn shares in to cash which will ultimately reduce his level of influence and make it a poorer company. So how does that benefit humanity?
 
I don’t think you understand the difference between cash and something you own growing in value.

he has very little cash. All his wealth is the value of Tesla and SpaceX. If he was forced to pay more tax ( which he voluntarily did last year as the largest tax payer in the world), then he has to dilute his shareholding to turn shares in to cash which will ultimately reduce his level of influence and make it a poorer company. So how does that benefit humanity?

I don't care. Seriously. I have zero concern for the plight of billionaires. Tax them.
 

Robt

Member
Location
Suffolk
He did not develop or invent the electric car.

He started a company that turned out electric cars. People are then hailing him like some kind of saviour when he had zero experience of car manufacture or even marketing and of course entered the game with no existing production lines, employees or tooling so had something of an advantage against existing players in the marketplace. He is hardly Toyota, is he? Come along now.

And as for twitter, I don't care who owns it. It's ecosystem or content has zero real meaning to me, as it is, like much of the internet, created by the internet itself. It is not a reliable source of information and has no bearing on democracy, free-speech or civil/human rights. It's an online platform where users are obliged to post only within the rules that twitter insist upon.
For someone that has , in your words “ zero real meaning to me” . You aren’t half getting angry and bashing your keyboard about it
 

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