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  1. #10171
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    Quote Originally Posted by catman View Post
    Were they the majority holders before Elon Musk bought the majority stake?
    Vanguard, Morgan Stanley, Blackrock, and State Street were the other four largest owners before the deal. Musk had owned 9% before the deal.

  2. #10172
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    How then did the Saudi royal family suddenly become the #2 shareholder? Are they that small a minority holder? It would appear so if that many holders had more shares than they did prior to Elon Musk buying it.

  3. #10173
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    Quote Originally Posted by catman View Post
    How then did the Saudi royal family suddenly become the #2 shareholder? Are they that small a minority holder? It would appear so if that many holders had more shares than they did prior to Elon Musk buying it.
    They financed Musk’s purchase. He doesn’t have $44B on hand to do this purchase. No matter what he wants anyone to believe. He also had to put a bunch of his Tesla stock as collateral for the roughly $22B in loans he took out to finance the deal.

  4. #10174
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    Apr 2007
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    Flock of Sheep No.97 near BAAA BAA lane
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    The Saudis are involved? That puts a taint on this whole thing. You know they would want some editorial rights and content control of the media. I'm pretty sure he is very ignorant of how free speech works. We don't need another religious fanatic controlling parts of the media
    Last edited by WES445; 10-29-2022 at 02:37 PM.

  5. #10175
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    Quote Originally Posted by WES445 View Post
    The Saudis are involved? That puts a taint on this whole thing. You know they would want some editorial rights and content control of the media. I'm pretty sure he is very ignorant of how free speech works. We don't need another religious fanatic controlling parts of the media
    I find it funny how everyone doesn’t even do a cursory glance of the deal and know that Musk didn’t have the cash to do this by himself. His money is tied up in all sorts of stocks and **** like that.

    As far as Musk and his “free speech” concerns, you can track him announcing the purchase and a massive spike in usage of the n-word. When they rant and rave about free speech but really just want a lack of consequences for saying the most vile and racist ****.

  6. #10176
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    Quote Originally Posted by dbroncos78087 View Post

    As far as Musk and his “free speech” concerns, you can track him announcing the purchase and a massive spike in usage of the n-word. When they rant and rave about free speech but really just want a lack of consequences for saying the most vile and racist ****.
    That is where the money is in mass media. a Platform to be as socially vulgar as you want to be because it is your personal right to do so with no guardrail. With the supercharged bi-polarism and conspiracy nuts we have now, it will be a cesspool in no time.

  7. #10177
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    May 2007
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    Always has been

  8. #10178
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    Quote Originally Posted by spliff(TONE) View Post
    Always has been
    Sorry, never been on it, just heard it did at least kick the worst off. From what I'm hearing Musk isn't for that.

  9. #10179
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    May 2007
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    68,691
    Oh, for sure. It'll likely get worse. No apology necessary.

  10. #10180
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    Jun 2008
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    9,125
    Quote Originally Posted by dbroncos78087 View Post
    They financed Musk’s purchase. He doesn’t have $44B on hand to do this purchase. No matter what he wants anyone to believe. He also had to put a bunch of his Tesla stock as collateral for the roughly $22B in loans he took out to finance the deal.
    Was it ever confirmed that he sold Tsla stock at all last week?


    Sent from my iPhone using Tapatalk

  11. #10181
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    Quote Originally Posted by Brewersfan255 View Post
    Was it ever confirmed that he sold Tsla stock at all last week?


    Sent from my iPhone using Tapatalk
    He didn’t sell the stock. He put the stock up as collateral. So if he defaults, his lenders can take that stock.

  12. #10182
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    Dec 2018
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    9,332
    Quote Originally Posted by dbroncos78087 View Post
    Vanguard, Morgan Stanley, Blackrock, and State Street were the other four largest owners before the deal. Musk had owned 9% before the deal.
    https://www.aljazeera.com/news/2022/...-twitter-stake

    Saudi Arabia’s Kingdom Holding Company (KHC), along with the private office of Prince Alwaleed bin Talal, will continue their ownership of Twitter shares valued at $1.89bn after Elon Musk’s takeover of the social media company, making them jointly the second largest investors, according to a statement released by the Saudi prince.

  13. #10183
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    Dec 2018
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    Quote Originally Posted by WES445 View Post
    The Saudis are involved? That puts a taint on this whole thing. You know they would want some editorial rights and content control of the media. I'm pretty sure he is very ignorant of how free speech works. We don't need another religious fanatic controlling parts of the media
    The Saudi's have owned stock in twitter for a while now.

  14. #10184
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    Dec 2018
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    9,332
    Quote Originally Posted by dbroncos78087 View Post
    I find it funny how everyone doesn’t even do a cursory glance of the deal and know that Musk didn’t have the cash to do this by himself. His money is tied up in all sorts of stocks and **** like that.

    As far as Musk and his “free speech” concerns, you can track him announcing the purchase and a massive spike in usage of the n-word. When they rant and rave about free speech but really just want a lack of consequences for saying the most vile and racist ****.
    Honestly I think the spike, was just people testing out the new censorship regime.

  15. #10185
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    Dec 2007
    Location
    Washington
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    49,755
    Quote Originally Posted by ciaban2.0 View Post
    Honestly I think the spike, was just people testing out the new censorship regime.
    That isn’t mutually exclusive with them being racists or making the comments genuinely…

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