Barbarians at the Gate

[EndtheMadnessNow]

https://twitter.com/elonmusk/status/1517649402449510401







Barbarians at the Gate



1993 Full Movie in VHS high quality format - In a far away world billions and billions of dollars ago...Barbarians at the Gate.

Elon Musk registers three 'X Holdings' companies to support Twitter takeover bid

Elon Musk has registered three companies in Delaware under the name "X Holdings" to support his bid to buy Twitter and take the social media giant private.

According to a filing with the Securities and Exchange Commission on Wednesday, X Holdings I would serve as the parent company overseeing a potential transaction, while X Holdings II would merge with Twitter and be used to purchase its outstanding common stock. A separate SEC filing adds that X Holdings III would be used to help fund the transaction.

Musk is exploring whether to commence a tender offer to acquire all outstanding shares of Twitter's common stock, citing the board's lack of response to his $54.20 per share offer.

Musk says he has received commitments of approximately $46.5 billion to help finance a potential deal, including roughly $21 billion in equity financing and around $25.5 billion in debt financing through Morgan Stanley Senior Funding and other firms, including Bank of America, Mizuho Bank, Barclays, MUFG, Société Générale and BNP Paribas.

Following the announcement of Musk's $43 billion bid, Twitter adopted a limited duration shareholder rights plan, commonly referred to as a poison pill, to prevent him or any other entity or group from acquiring beneficial ownership of 15% or more of Twitter's outstanding common stock in a transaction not approved by the board. The plan will expire April 14, 2023.

It is unclear whether X Holdings could also be used to combine Musk's other companies, SpaceX, Tesla, Neuralink and The Boring Company.

In 2012, Musk expressed interest in creating a holding company that would own stock in both Tesla and SpaceX. In 2020, Tesla investor Dave Lee proposed forming a holding company called X, which Musk said was a "good idea." In addition, Musk owns the domain X.com, an online payment company which merged with PayPal.

Musk recently told TED's Chris Anderson that combining everything into one company would be "tricky."

[Snarl]

Musk may be trying to take Twitter private, but I'd be willing to be he'd switch it back to a publicly traded company in very short order.

Drive off all the Riff-raff.  Make a profit.

Buy Google. 

[Ninurta]

Musk may be trying to take Twitter private, but I'd be willing to be he'd switch it back to a publicly traded company in very short order.

Drive off all the Riff-raff.  Make a profit.

Buy Google. 

That's a chilling thought if carried just a bit further.

Buy Twitter, buy Google, then use both of those to leverage a purchase of Facebook, and make all of them truly "free speech zones", then float a bid at some unspecified future date for US Presidency as "the man who restored free speech".

Now, on the face of it, that seems a bit far fetched, as Musk was born in South Africa, and is not a "natural born" US citizen, and therefore barred constitutionally from becoming president... but Obama blew that boat out of the water, and made it edgy to elect foreigners to the US Presidency. So who knows?

The problem there would be Musk being in control of information flow on social media. It's all well and good if he kept it really "free", but if not? Censorship in either direction, favoring either side of the debate, is just as bad in one direction as it is in the other. Censorship is still censorship, even when it favors your own side, and eventually those situations have a way of doubling back and biting you in the ass. Just ask a Republican, whose party forced through the 14th Amendment to prevent Democrats from gaining office in the South, and who are now under fire from that same amendment they forced through all those years ago... or, ask a Democrat, whose party gained a monopoly on social media "information" and welded that into a unified behemoth, and who is now facing someone else taking that behemoth over...

.