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Author Topic: Is the fall of Elon Musk's empire imminent?  (Read 685 times)
bbigtart
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October 23, 2023, 05:18:25 PM
 #61

I don’t think so, he’s one of the smartest guys in the world. Everything he does is meticulously planned, I don’t think he is remotely close to seeing his house of cards tumble down. Don’t forget TESLA is propped up by government subsidies. Twitter (X) will turn into a profitable business I’m sure.

I think so too, he is an intelligent person, it is impossible for him to make decisions without thinking about what will happen. Surely every decision he takes has been well thought out. For me, he may not think about money, but Elon has his own reasons for all the decisions he takes so he decides everything for new things for the future.

In my opinion, people who are already very rich prefer to have power over a platform, because the higher their power, the easier it is for them to have money. He was always considered crazy for his ideas, he definitely had a hidden purpose there.

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jaberwock
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October 23, 2023, 05:28:40 PM
 #62

I have been seeing this question on the Internet for a very long time. People are playing a lottery called “the time of Elon Musk’s fall.” Take a look through the news feeds of the last five years, and every time he is predicted to collapse, However, he is not a stupid person, and I am sure that he knows perfectly well what to do and when to do it, and all the intrigues and gossip going on the Internet are only beneficial for his PR.
It would have been better if they will use those predicting abilities on to something they can benefit with like playing the lottery, just in case they get lucky and hit it correctly, and not onto something like this. But I know that it's also normal for a person to wish for someone else that are at the top to collapse.

There is some different kind of pleasure they get here especially if what they are wishing happens for real. Maybe Elon Musk is also aware of those speculations about him and he actually use those as a challenge or some kind of a motivation to improve himself more and his business. That way those speculators will only get pissed off.

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October 23, 2023, 07:56:58 PM
 #63

There's a lot of talk that Elon Musk taking on huge loans to buy Twitter could backfire massively on him as Twitter keeps losing value. Essentially what Elon Musk did was to use up most of his assets in terms of stock like Tesla and SpaceX to try and secure assets for his twitter loan. He's now so tied up in this Twitter debt, that if something goes wrong it could trigger a domino of effects. 

So he essentially already pledged tons of money to secure loans to buy Twitter, but his executive decisions lead to massive drops in value. Late last year he posted a lot of Tesla shares to avoid a margin call from banks that had loaned him to buy Twitter but this could potentially mean that if Tesla shares fall in price also, Musk could be losing his empire... Eventually, and potentially if things go wrong, losing his position as CEO in both Twitter as well as Tesla.

What are your thoughts on this? Is Musk about to lose it all?

It seems like you're a few months behind the news quite frankly. While I cannot say if Elon could go bust tomorrow, as only a few people could possibly have the insider knowledge to predict that, he has definitely made some very foolish and overpriced missteps when it came to the purchase of twitter. He let his mouth (or hands in this case) do the talking and walked himself into a trap he was unable to escape. He made an offer, probably just in a jokey or unserious way, that vastly overpriced Twitter, without understanding the laws regarding a buyout offer are very clear within the state that this company was registered. A judge would ultimately have been able to force him to purchase at the price he stated, although he did try every trick in the book to weasel out of it including blaming bot activity which was always present. I imagine it was quite a shock to spend $44 billion and it might teach him to be more careful with his words in future.

R


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JoyMarsha
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October 23, 2023, 08:44:09 PM
 #64

Before buying X, Elon Musk had the intention of making enormous profits from the purchase. What we see him doing(charging everyone for the use of it) is a method for him to recoup and settle the loan he took out to buy Twitter.

As it stands, I don't think Elon Musk cares that people are quitting X due to the payment charges. What he genuinely believes is that there will always be people willing to pay to advertise their businesses or crypto projects on X no matter what because X continues to be the best and most effective social media platform for doing so.
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October 23, 2023, 09:42:50 PM
 #65

Before buying X, Elon Musk had the intention of making enormous profits from the purchase. What we see him doing(charging everyone for the use of it) is a method for him to recoup and settle the loan he took out to buy Twitter.

As it stands, I don't think Elon Musk cares that people are quitting X due to the payment charges. What he genuinely believes is that there will always be people willing to pay to advertise their businesses or crypto projects on X no matter what because X continues to be the best and most effective social media platform for doing so.

Then he may have to eventually reconsider this view, as advertisers go where people go, and if people start leaving X for whatever reason then advertisers are going to do the same and move to other platforms, besides I really think he is just not considering the psychology of people at all, once something is free it is very difficult for people to accept to pay full price for that product, and X has been free for so long I do not think there are many people out there that are willing to pay for such service, especially since they can just create a new account with whatever competitors X may have.
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October 23, 2023, 10:53:07 PM
 #66

So you really think that Musk could not go bankrupt just due to the virtue of being rich by owning assets? See, the thing with Twitter is that while it may still be functional, it has lost a lot of its revenue and therefore the stocks musk posts as collateral are also in danger of being margin called. It's natural for stock prices to fluctuate anyway, but the issue with teitter is that it might be losing too much value...

Honestly, anyone could go bankrupt. We have seen this numerous times. Musk could very well become a textbook example too.

Of course he can go bankrupt as well but it’s highly unlikely. If such a scenario happens which is unlikely, the government would probably bail him out and keep him afloat. He has a lot of people under his employ working in his different companies and the government can’t afford to let the large number of people working for him go to the unemployment line. It could also tell negatively on the economy.

I personally could care less about how he handles and what he does with his app. Despite losing revenue due to whatever reasons, the app is still kicking and is now paying content creators. The loss of revenue probably hit the app hard but it’s not yet down.  

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October 23, 2023, 11:17:40 PM
 #67

It's very rare for a super billionaire like Musk to fall, of course he already had thorough financial planning before he made the acquisition of Twitter and many of his other extraordinary decisions. You know that it wasn't easy for him to get to the point he is now, he has thought of 1001 ways that we never thought of to maintain his position, and that was done not only by him, but also his financial advisors and the banks behind him. All these factors make him as strong as he is now and that is what means he won't fall, at least in the next few years, or not (?).

In business, it's normal to fail a few times with a few projects, so even if he failed with Twitter, that doesn't mean the rest of Elon's companies or his empire will collapse. The social network Twitter is facing many difficulties and we cannot deny that, but for it to collapse there is still a long way to go and we should not rush to any conclusions.

Losing business for several years is very normal for large businesses, so I see that sometimes many people are pessimistic or laugh at the difficulties that Twitter is facing, as if they have never done business before or do not have business knowledge.
People do really love on being conclusive on which they would really be making out generalization and assume out that if they fail one of their business then it would really be failing all. They arent the ones who are in his shoes on making out those kind of claims that he would really be losing it all. Just like been said that its impossible that he wont really be having some back up plans if ever there's one that would be fail.
Debt is common and even billionaires does have it and we know that having debt doesnt mean that you are already that in verge of bankruptcy. Only true investors or business minded person does really know on whats the advantage that you could really be able to get on having debts.(Long explanation).

If he ever have those debt problems then just let him be on resolving that.There's no point on trying out to elaborate about with those obvious problems. He bought twitter then its just right that he would really be
applying on the changes that he does have in mind whether it would really be that making some bad effects on the company or not. He do knows the risks and he wont be called
or achieved on being billionaire for nothing. He do knows on taking decisions and what are the risks behind it.

For a top billionaire like Elon, every decision is made with very careful calculation. He never makes impulsive decisions like normal people like us, so I believe he is aware of the risks he will take when trying to completely change TW to his liking. But the funny thing is that there are a lot of people here who always say that he is stupid, sabotaging TW...laughing at him. Freedom of speech is a good thing, but we should know who we are, where we stand and what successes we have achieved...If we still work as hired laborers and don't have enough to eat, then don't try to teach rich people how to make money.

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October 23, 2023, 11:22:16 PM
 #68

Before buying X, Elon Musk had the intention of making enormous profits from the purchase. What we see him doing(charging everyone for the use of it) is a method for him to recoup and settle the loan he took out to buy Twitter.
He's a businessman and he certainly has to benefit from what he bought when he bought Twitter and turned it into X.
Once he owns and controls Twitter (X) then all the rules or even major changes are up to him.

But what we can see is that the big creators or influencers get paid from their interactions on Twitter (X) with a considerable amount of rewards.
Many people are interested in growing their accounts and to buy Blue Tick X Premium is currently available for purchase on the web for $8/month or $84/year, in-app on iOS for $11/month or $114.99/year.

As it stands, I don't think Elon Musk cares that people are quitting X due to the payment charges. What he genuinely believes is that there will always be people willing to pay to advertise their businesses or crypto projects on X no matter what because X continues to be the best and most effective social media platform for doing so.
But the proof is in the pudding now, people are even more inclined to stay active to get paid for every interaction on X.
X is already a popular social media platform and the only one that provides great rewards for its users and freedom of speech without any censorship.

R


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October 23, 2023, 11:29:21 PM
 #69

I feel that was a hypocritic obsession on him because he is been a top entrepreneur CEO of several ventures even before Twitter and his billionaire network is far greater than that amount used to purchase the web app Twitter but in some sceneros, most entrepreneurs acts technically diplomatic on undergoing higher level of risk just to make a grater count so if really he went on such a loan definitely it is going to be of two options either he makes a collateral or a deal pf agreement is reached where a certain percentage is documented to be deducted from his ventures ventures benefits with an unfailingly memo of understanding and that alone may single handedly cause him a devalue if goes contrarily by his initial plan but there is a high level of doubt that the update maybe be through.

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October 23, 2023, 11:52:34 PM
 #70

I don’t think so, he’s one of the smartest guys in the world. Everything he does is meticulously planned, I don’t think he is remotely close to seeing his house of cards tumble down. Don’t forget TESLA is propped up by government subsidies. Twitter (X) will turn into a profitable business I’m sure.

I think so too, he is an intelligent person, it is impossible for him to make decisions without thinking about what will happen. Surely every decision he takes has been well thought out. For me, he may not think about money, but Elon has his own reasons for all the decisions he takes so he decides everything for new things for the future.

In my opinion, people who are already very rich prefer to have power over a platform, because the higher their power, the easier it is for them to have money. He was always considered crazy for his ideas, he definitely had a hidden purpose there.
people out there seems to forget in realizing that its not even that long before elon musk owned twitter and he has already made fortune out of this through some meticulous way of earning like giving yearly fee which was proposed not long ago but the other thing like verification badge for money already making him some money.
give him few years more he make the money back, thats just how clever elon is, not trying to overly flatter him but we know he has become such billionaire with proper reasoning, that is because he has ways to earn money.
a billionaire like him, even if he waste hundred millions of dollars he definitely has way to make it back.
after all he is an experienced person it making money. i'm sure he already has plan up his sleeve, its just waiting for moments and all that plan have something to do with making money.

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November 20, 2023, 07:42:06 AM
 #71

After Ilon Musk endorsed an anti-Semitic post on "his network" Twitter/X the other day, companies like Apple, IBM, Disney, Warner Brothers, Discovery, Paramount and other major advertisers...refused to advertise on his network....
Looks like the "crown" is so over Ilon's head that his brain really stopped getting oxygen Smiley
But as a result - I assume that his companies will have SIGNIFICANT problems in the near future, as well as his business partners. Whether this will be the collapse of the "Musk empire" - I am not ready to say, but the fact that these processes will definitely shake him and his companies - it is a fact....

...AoBT...
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November 20, 2023, 01:46:21 PM
 #72

I don’t think so, he’s one of the smartest guys in the world. Everything he does is meticulously planned, I don’t think he is remotely close to seeing his house of cards tumble down. Don’t forget TESLA is propped up by government subsidies. Twitter (X) will turn into a profitable business I’m sure.

I think so too, he is an intelligent person, it is impossible for him to make decisions without thinking about what will happen. Surely every decision he takes has been well thought out. For me, he may not think about money, but Elon has his own reasons for all the decisions he takes so he decides everything for new things for the future.

In my opinion, people who are already very rich prefer to have power over a platform, because the higher their power, the easier it is for them to have money. He was always considered crazy for his ideas, he definitely had a hidden purpose there.
Elon's empire will never easily fall, not because of his wealth, but because he has this superb and brilliant ideas that will let him stay on his position. Although his high position in Twitter has already ended but I think it's part of his plan. We don't know the reality behind it but knowing Elon, he wants to keep an edge over the others and always on top of everything. And whatever he does, there's always his own motives and only him knows that.

However, despite of Elon's power and intelligence, I guess if he keeps on putting himself first more than others, that he gets to be greedy and even deceiving, his empire will definitely come to an end. But it could be years or a decade from now.

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November 20, 2023, 01:48:49 PM
 #73

After Ilon Musk endorsed an anti-Semitic post on "his network" Twitter/X the other day, companies like Apple, IBM, Disney, Warner Brothers, Discovery, Paramount and other major advertisers...refused to advertise on his network....
Looks like the "crown" is so over Ilon's head that his brain really stopped getting oxygen Smiley
But as a result - I assume that his companies will have SIGNIFICANT problems in the near future, as well as his business partners. Whether this will be the collapse of the "Musk empire" - I am not ready to say, but the fact that these processes will definitely shake him and his companies - it is a fact....
His actions, like as taking out large loans to purchase Twitter and using his Tesla and SpaceX stock as security, have prompted worries about possible hazards, it is critical to evaluate the larger context. The stock market and commercial undertakings are inherently unpredictable, and Musk has a track record of successfully handling adversities. The current scandal surrounding his Twitter activity, as well as the consequent departure of key advertisers, may provide obstacles, but forecasting the demise of the "Musk empire" based only on these events may be premature.
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November 20, 2023, 02:34:26 PM
 #74


Elon's empire will never easily fall, not because of his wealth, but because he has this superb and brilliant ideas that will let him stay on his position. Although his high position in Twitter has already ended but I think it's part of his plan. We don't know the reality behind it but knowing Elon, he wants to keep an edge over the others and always on top of everything. And whatever he does, there's always his own motives and only him knows that.

However, despite of Elon's power and intelligence, I guess if he keeps on putting himself first more than others, that he gets to be greedy and even deceiving, his empire will definitely come to an end. But it could be years or a decade from now.


Elon Musk is undoubtedly a visionary entrepreneur with a remarkable track record of success. His companies, like Tesla, Neuralink and SpaceX, have disrupted industries with innovations. currently, on X (Twitter), he shows his starship launching which would become his biggest asset of his empire that suggests his empire keeps getting bigger and stronger.

His empire is impressive, but it is not without risks. If he is able to manage these risks effectively, he is likely to continue to be a force to be reckoned with in the business world. However, if he is not able to address these challenges, his empire could crumble. Only time will tell whether Elon musk can maintain his prominence in the ever-changing business landscape.

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November 20, 2023, 04:45:59 PM
 #75

Space psychos will always do something new and woo the public with their innovations. They have huge amounts under the table that we cannot even imagine which once used can develop a new company or fund companies that do their bidding. In other words, such "empires" will never fall apart but the owners will continue moving from one to another.

Instead work on your own development and not see rich people as the idol. Because they are not, they became rich in lieu of their own hard work and you can be one too if you are putting your passion at work and not being lazy.

R


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November 20, 2023, 05:10:11 PM
 #76


What are your thoughts on this? Is Musk about to lose it all?

I'm not thinking that way. Like you said if anything goes wrong with Tesla or SpaceX, well I don't think he will allow anything to go wrong with them at least not until he has settled the loan for X. What he needs to do is to intensify effort in those companies and that is why he is making the share value public. He is also a big hodler of btc and he is a billionaire who is able to get alot of credit from big conglomerate to keep his head above waters until he could stand again.
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November 20, 2023, 06:32:30 PM
 #77

After Ilon Musk endorsed an anti-Semitic post on "his network" Twitter/X the other day, companies like Apple, IBM, Disney, Warner Brothers, Discovery, Paramount and other major advertisers...refused to advertise on his network....
Looks like the "crown" is so over Ilon's head that his brain really stopped getting oxygen Smiley
But as a result - I assume that his companies will have SIGNIFICANT problems in the near future, as well as his business partners. Whether this will be the collapse of the "Musk empire" - I am not ready to say, but the fact that these processes will definitely shake him and his companies - it is a fact....
His actions, like as taking out large loans to purchase Twitter and using his Tesla and SpaceX stock as security, have prompted worries about possible hazards, it is critical to evaluate the larger context. The stock market and commercial undertakings are inherently unpredictable, and Musk has a track record of successfully handling adversities. The current scandal surrounding his Twitter activity, as well as the consequent departure of key advertisers, may provide obstacles, but forecasting the demise of the "Musk empire" based only on these events may be premature.

This is the right place to talk about Musk's set of fails. Yes he is a talented organizer and he had good ideas. Some of them he realized and deserved applause. But everything he's been doing lately, especially in the social sphere, is crap.
The purchase of Twitter is an understandable move, given Musk's ambitions in politics. He can't be president, but he wants to get into politics. And he needs a social network... yes yes yes yes, purely for the formation and influence of "opinions and views" in the audience.

All this together, plus huge money, apparently, turned his head, and Musk decided that he was "the chosen one" and he was allowed, if not everything, then a lot more than ordinary people.

I would like him to come back to reality, otherwise his "fall from Olympus" will be painful.... And neither money nor connections will help....




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November 20, 2023, 07:30:28 PM
 #78

I don't think he cares about creating an empire. The only thing that matters to him is profit. Also keep in mind that he is also the CEO of spaceX which is another big foothold for him that helped him secure the loan.

What are your thoughts on this? Is Musk about to lose it all?

From all this year what i have learned about Mask is that he is a cunning businessman. He knows how to turn the table and he likes to do that publicly. The loan default you are talking about can backfire on him but the initiative he took can take twitter to a place that no other social media can reach. His idea of creating Twitter or X as a financial hub of the world can give him control over a large community. This will also boost that platform's financial revenue stream. The cut in unnecessary expenses on twitter was a warning to other employees that if you are not competitive enough, you can be fired.

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November 20, 2023, 09:12:03 PM
 #79

What are your thoughts on this? Is Musk about to lose it all?
I am not one of those who believe that Elon Musk seeks to form an empire, and even if he aspired to do so, he would not be naive and stupid. All that matters is that you must appear in the media and always appear victorious.
Elon Musk, like any other investor, is looking for profit first and foremost. It is true that he is one of the adventurous investors who has a great deal of courage to take major steps, but this does not exempt him from being wrong many times and that his decisions are not wise in everything he does. For example, I do not believe in the feasibility of the SpaceX project, and this is for the main reason that the technical obstacles cannot be overcome in a reasonable time, because it is not reasonable to invest in a project that will achieve returns, perhaps after the end of the approximate life of its owner.
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November 20, 2023, 09:33:57 PM
 #80

I'm not a huge fan of Elon Musk - but this man has a real passion for building his empire. Everything never fails, both technically and financially - even Elon, who is famous for his wealth, can go bankrupt because of his own maneuvers to control things.

Elon Musk could almost be said to have failed after acquiring Twitter - but as one of the richest people due to his assets, Elon Musk would probably be tens of steps ahead of someone who doesn't like him. I don't know what will happen next for Elon and the leadership of platform X - but he is one who doesn't give up so easily despite repeated failures.

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