Hispo
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Leading Crypto Sports Betting & Casino Platform
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October 22, 2023, 01:54:36 AM |
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Right now Twitter is struggling and losing users because of Musk's poor choices. Implanting chips in people's brains is just a really dumb idea. I have a feeling the government will eventually shut that down. SpaceX and Starlink are some of his better ideas but there is enough competition that it might be difficult to make those companies profitable. As long as there is an endless supply of fiat then there will be people willing to invest in in his ideas no matter how ridiculous they might seem, but I wonder how many self-inflicted wounds he can sustain before he does something that ends up being the straw that breaks the camel's back.
Why do you think western governments would be against implanting chips in the cortex of people? There will be some moral issues with doing so, of course, but western governments and governments in general usually are very into technological research and advance which could remotely give them and advantage against their foes in the international context. I have no doubt that the first models of those chips will encounter some problems and faults, but as it gets refined, this technology is pretty much of the interest of USA and EU. Hell, I would not be surprised if eventually Elon started to received money from those administrations to further accelerate and enhance the creation of better brain chips, which would be tested to increase the human capabilities of soldiers or intelligence agents. Also, China would love to have their citizens to use those chips for their own authoritarian purposes.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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wallet4bitcoin
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October 22, 2023, 03:38:23 AM |
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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? Lets look intrinsically, Elon's networth is in hundreds of billions, approximately $225b according to Forbes ( https://www.forbes.com/profile/elon-musk/?list=rtb/). I do not see the possibility of his empire falling. No doubt, the issues with the purchase of twitter and the loans will have a domino effect on the shares of Tesla and SpaceX if it takes a different turn but bringing Elon's empire to a "fall", is not an immediate possibility. He is good at what he does and knows just how best to get out of any web he finds himself, he didin't get to his current position by mistake and I guess he has gained mastery of the process.
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█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ████████▄▄████▄▄░▄ █████▄████▀▀▀▀█░███▄ ███▄███▀████████▀████▄ █░▄███████████████████▄ █░█████████████████████ █░█████████████████████ █░█████████████████████ █░▀███████████████▄▄▀▀ ███▀███▄████████▄███▀ █████▀████▄▄▄▄████▀ ████████▀▀████▀▀ █▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀BitList▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀List #kycfree Websites▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ |
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adaseb
Legendary
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Activity: 3878
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October 22, 2023, 04:39:05 AM |
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We don’t know how Twitter is doing exactly because it’s not publicly traded. Tesla on the other hand had a weak earnings call. It seems the demand for teslas is going down even with all the price cuts and it’s not looking good.
This is one reason why they want to release a cheap Tesla for like $25K which will be small. It just seems that nobody else wants EVs anymore. Also with Teslas the insurance is usually much higher because they are more cost to get parts for since Tesla doesn’t sell to the public.
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davis196
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October 22, 2023, 10:17:10 AM |
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Musk's business empire was artificially pumped by two major factors: 1.The US government policy of "carbon credits" which increased Tesla's revenue and Tesla's market cap. 2.The money printing by the Federal Reserve during the pandemic, which artificially increased the market cap of many corporations, including Tesla. I expect Musk's wealth to drop below 100 billion USD in the next few years, but I don't think that he will "lose everything". Twitter/X will have way less advertising revenue, but on the other hand, many Twitter employees got fired and Musk is trying to implement new ways to increase the revenue. I agree that buying Twitter was a dumb decision, but who cares. Elon Musk can do whatever he wants with his gigantic wealth.
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Huppercase
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October 22, 2023, 06:53:43 PM |
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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? I think it's okay to say that Elon Musk is at a level where Tesla stock has achieved a maximum satisfaction for it's some of his shareholders, maybe most of them. I remember how back then when Tesla stock becomes the new trend in town and most discussed assets as he quickly become too richest person in the world. The growth looks too pump and now the stock is experiencing a decline or better as economics refers to retracement and correction. One of the place I think he made a mistake or should I say over confidence is over relying on Tesla stock to grow more just as he was doing back then and using that as a collateral the loan he secured was really at a bad state of health. Despite selling some for cash, it would have been better if it was another asset entirely. X is now at the stage of new development and that's because he is doing anything to remove bots activity to the bearest minimum, so expect some ups and downs with the growth but for I don't really think X is going to be a problem under his care, he will sort it out as he did when Tesla was facing challenges back in the days.
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philipma1957
Legendary
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Activity: 4298
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'The right to privacy matters'
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October 22, 2023, 10:53:49 PM |
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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? I think it's okay to say that Elon Musk is at a level where Tesla stock has achieved a maximum satisfaction for it's some of his shareholders, maybe most of them. I remember how back then when Tesla stock becomes the new trend in town and most discussed assets as he quickly become too richest person in the world. The growth looks too pump and now the stock is experiencing a decline or better as economics refers to retracement and correction. One of the place I think he made a mistake or should I say over confidence is over relying on Tesla stock to grow more just as he was doing back then and using that as a collateral the loan he secured was really at a bad state of health. Despite selling some for cash, it would have been better if it was another asset entirely. X is now at the stage of new development and that's because he is doing anything to remove bots activity to the bearest minimum, so expect some ups and downs with the growth but for I don't really think X is going to be a problem under his care, he will sort it out as he did when Tesla was facing challenges back in the days. He has the ability to think outside the box so to speak. So with enough tweaking he may get x or twitter working well. Time will tell most likely by 2025 it will be okay for him.
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bhadz
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October 22, 2023, 11:19:19 PM |
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I am not a fan of his X but I am a fan of his Tesla. I'll still give him time to fix whatever crazy things he did for his X. LOL, who am I to wait for that right? But just for someone who just turns out to check in here and for his platform. I'm sure that he won't just accept the fact that he'd accept losses from this $42B investment and deal that he has made in the acquisition of X. His empire IMHO is too huge to fall but not that means that one from them can fall which is being thought by the majority about X.
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FinneysTrueVision
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October 23, 2023, 02:09:52 AM |
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Why do you think western governments would be against implanting chips in the cortex of people? There will be some moral issues with doing so, of course, but western governments and governments in general usually are very into technological research and advance which could remotely give them and advantage against their foes in the international context. I have no doubt that the first models of those chips will encounter some problems and faults, but as it gets refined, this technology is pretty much of the interest of USA and EU. Hell, I would not be surprised if eventually Elon started to received money from those administrations to further accelerate and enhance the creation of better brain chips, which would be tested to increase the human capabilities of soldiers or intelligence agents.
Also, China would love to have their citizens to use those chips for their own authoritarian purposes.
Real life doesn't exactly play out like a science fiction movie. An investigation by WIRED details horrific conditions endured by monkeys used in the testing of Neuralink brain implants. Some of the complications they suffered were bloody diarrhea, partial paralysis, and fungal infections just to name a few. https://www.wired.com/story/elon-musk-pcrm-neuralink-monkey-deaths/https://www.wired.com/story/neuralink-uc-davis-monkey-photos-videos-secret/It's going to be real hard to win a war when your soldiers are shitting blood. I'm just very skeptical that they can work out these problems before they get litigated, regulated or sanctioned into oblivion.
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█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ████████▄▄████▄▄░▄ █████▄████▀▀▀▀█░███▄ ███▄███▀████████▀████▄ █░▄███████████████████▄ █░█████████████████████ █░█████████████████████ █░█████████████████████ █░▀███████████████▄▄▀▀ ███▀███▄████████▄███▀ █████▀████▄▄▄▄████▀ ████████▀▀████▀▀ █▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀BitList▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀List #kycfree Websites▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ |
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pinggoki
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October 23, 2023, 02:50:36 AM |
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I don't really follow him that although given the headlines associated with him portraying him as a chaotic personality and crazy person and his businesses not doing well, I would simply say that he's empire is falling apart but I don't think someone like him will easily fall from grace, what if those headlines were not really a big deal and the media was just blowing it out of proportions which is the likely thing that they're going to do since they want to sell more news instead of telling the truth (which is the norm of mainstream media nowadays). One thing that we should ask ourselves is can we put our shoes in Elon's shoes that we can accurately judge that his businesses are failing or are we just hating on him for his antics?
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BitcoinTurk
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October 23, 2023, 07:00:11 AM |
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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 shouldn't be forgotten that he is among the top 5 in the list of the richest people in the world and constantly rises to the first place. Of course, he may sell stocks or similar assets and lose money due to his loan but I think it will be unlikely for his empire to collapse due to his current wealth. Moreover, although Twitter isn't a small business he can find a new partner for Twitter or sell it at a loss if it doesn't want companies such as SpaceX and Tesla to be negatively affected by this situation. In addition, it is necessary to take into account the possibility that such a person can work with the best financiers in case he cannot manage such a process himself and can continue on his way with good planning or can restructure his loan debt due to his financial power and assets. So, I think that even in the worst possible scenario he will only lose power and partially assets but he will not completely lose his empire. Of course, it is very difficult to predict the future and to be able to clearly predict what may happen but I don't think that such a person will be in a very difficult situation or completely lose his power. As I mentioned in the worst possible scenario, some power and material loss may occur but he will not lose his empire completely easily.
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khiholangkang
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October 23, 2023, 07:24:36 AM |
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I don't really follow him that although given the headlines associated with him portraying him as a chaotic personality and crazy person and his businesses not doing well, I would simply say that he's empire is falling apart but I don't think someone like him will easily fall from grace, what if those headlines were not really a big deal and the media was just blowing it out of proportions which is the likely thing that they're going to do since they want to sell more news instead of telling the truth (which is the norm of mainstream media nowadays). One thing that we should ask ourselves is can we put our shoes in Elon's shoes that we can accurately judge that his businesses are failing or are we just hating on him for his antics?
Of course if what is in the news is a fabrication of the media owner and just to make a news story, I think it is detrimental to Elon Musk, because after all the mainstream media is the concern of many investors and if it is a fabrication that is exaggerated by the news writer then it is likely to have a bad impact on the company held by Elon Musk at this time because it will give a sense of panic and fear to its shareholders. I don't know what the real situation is, but in my opinion, Elon Musk's current situation is not good, apart from the fact that his business activities have subsided, there are also many bad global economic demands, such as inflation and interest rates which are still high today, of course, companies that borrow money from banks will be very difficult due to this policy, while on the other hand the value of the company is decreasing.
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retreat
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October 23, 2023, 07:33:04 AM |
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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 (?).
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Smack That Ace
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Free Free Palestine
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October 23, 2023, 09:47:55 AM |
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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.
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TheUltraElite
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Take good care of your parents!
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October 23, 2023, 09:59:23 AM |
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Even if a space psycho loses it all, it does not mean anything good for you. They are just going to build something else and continue their share of profit by shilling their new product and attach a decent "crypto" tag with that in order to pump another currency. And while this same cycle which we already experienced "recycles", some brain-dead people will buy into them hoping for some quick cash.
You can see tech giant owners move from one to another, you can never keep track of them all, hence dont bother, unless of course you got shares in Telsa and Twitter, in which case you might be in a soup.
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dezoel
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Leading Crypto Sports Betting & Casino Platform
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October 23, 2023, 11:00:11 AM |
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Thinking that he will fail and lose his empire is actually stretching it too much. I know that it seems that he made a bad decision by buying Twitter, but we don't really know what he has actually planned for it, we have just seen the rebranding and whatever they are trying to do with the live streaming feature and a bunch of other things, but I'm pretty sure that he has some card to play in this as well because he is not just an ordinary person with an ordinary mindset, he thinks way ahead of what others might be thinking.
So, I don't really think that he is going to lose his empire or lose it all. Even if Twitter, which he turned into X, doesn't work the way he might have thought of it, I'm pretty sure that he will come up with something else to actually stay on top and not lose and just give up, he is billionaire businessman, he didn't reach there just like that.
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Latviand
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October 23, 2023, 12:17:23 PM |
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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.
So the guy behind the scenes that we're actually doing the hardwork are just nothing then? Did Elon really written the codes for the OpenAI? I can't really disagree that he's not smart, you can't really create companies that do different works if you're not smart but I would say that he's more of a visionary more than anything. I gotta ask though, how is X going to be profitable though? You didn't offer any insight on how that can be so I'm curious how.
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Z390
Sr. Member
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Vave.com - Crypto Casino
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October 23, 2023, 12:29:37 PM |
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I don't have a lot to say about Elon but I have seen others saying and predicting that Elon will be no rich man very soon, my question is why is everyone predicting the downfall of this man? If it's going to happen let it happen first then we will talk, I don't like having such conversation because this is just a man like myself, who is also very successful and majority of people don't like it, I feel this is the reason.
Some people are very happy discssuinv the downfall of Twitter but I don't know how they have the mind to keep doing this, I can't even afford Elon wrist watch, I want to be successful as him some day, he is an icon and I will never wish him bad, it's crazy how people have turned to be like this.
I believe that Elon is more smarter than all his haters, you will be surprised again just like how you guys are surprised that he still keeps Twitter plans going, when he planned to change to X many start saying it's over for Elon musk, you have no idea how someone who can built something like Tesla is capable of, they always come with surprises, when you all least expected, fingers crossed.
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milewilda
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October 23, 2023, 01:35:18 PM |
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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.
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tjtonmoy
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October 23, 2023, 04:05:03 PM |
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He's a billionaire. Twitter was just less than a billion and he is a BTC investor who is also fighting against the SEC, we're not seeing him fall. If anyone sees the first his Tesla price is falling, it's him. and He may have done something already before that happened. Since he is a BTC investor as well, he could be taken advantage of all these too.
But he folds by the way when the EU threatened his Twitter to be blocked in the region. Not so much of a rebel that he wants to portray.
Speaking of billionaire, he's only a billionaire in papers while he has no liquid cash that adds up to billions of dollars that he is worth. Net worth is something and liquid cash is something else. He owns shares not actual money. And if he wants to sell all of his shares (theoretically speaking) then the share price will fall and looking at that other people that owns that share could also sell as a trend or in panic. And that's the reality. Now if we talk about Bitcoin investment. Elon Musk is not only a Bitcoin investor but also a Bitcoin influencer. Many people follow the path he takes. So if he decides to sell his share of Bitcoin then there will be people who follows him, who would do the same following his path. And as it is go with shares it's the same thing with Bitcoin. I know Elon only selling his share of Bitcoin won't affect the market much but those who follows him, if they decide to sell their share too then that could lead to a very difficult market condition. So the problem is real but I don't think Elon Musk would only depend on those things. I'm sure he'll try to find another way to solve this problem. He's a man of many talents and a genius. And even if his empire falls then he will create a new one. It is not hard for a people like him. I am not Elon enthusiast but I think he is capable of doing such thing.
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beerlover
Legendary
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October 23, 2023, 05:03:30 PM |
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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.
That's the thing, if you liked twitter before he bought it and then dislike it after he bought it then you have the right to not like what he did. That is your freedom of speech, you have the right to say "before Elon musk twitter was a better place", we are not here trying to prevent him, we do not have any legal power to stop him from having any company he wants, if he buys a company then he can buy it, but the reality is that we could always give our feedback and say that we didn't like it, that's within our rights. And that is what people are speculating about, he sucks at owning twitter, he did terrible changes and he claims ADF is the reason why it's not doing well, when in fact the changes he made is the real reason why it's doing badly.
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