So "X" - nothing to see here. Elon's in control - Part XXX

Answer the question then. How much did he say he was charging for verified then? How happy are they that he changed said plan because of a twitter spat?

This is just assumption your part that there is some genius plan in the background.

I am aware it is a private company, I have no idea what that has to do with anything I said. But yeah it is all sour grapes or cancelling if we don't believe the rich guy is always right.

I can't see the ft report as behind a wall

The banks will make a loss if they sell the debt now , but if musk makes twitter profitable than the banks make there money back with interest

It's a risk all lending institutions take, these banks might not even care if they make a loss but might see this venture as as a way to get into bed with musk and finance his other ventures

That's how this type of funding works

The plans were well known by the lenders but maybe not by the investors , lenders and investors are 2 different things

But that does not mean just because the lenders know the future plans that does plans will work out .

The banks here are betting on musk to make twitter profitable and they than can start selling some of their debt off for huge profits

Didn't say anyone was. This has just descended into well don't talk about it if you don't like it which is not a very convincing argument.

Someone pointed out no one responded to Musk's proposed plans and that is because there is no detail. I don't know what any of it definitely means. I can't say if it was good or bad. Someone here was thinking it meant he was getting into podcasts which seems like a very different thing to twitter and I am doubtful of but it shows even my own assumptions about what it means may be wrong. I would rather not argue for or against something when I don't know what it is. Even then Musk himself is not always the most reliable, he even proposed a price for his hyperloop that he has now given up on. He is throwing out ideas, maybe he is just seeing what ideas resonate with people or maybe they are projects currently being worked on but they might not make the final cut. So yeah promise me they will all happen and let me know the details and we can have a discussion.

Even the blue check mark is massively unspecific so far. Will the person actually be verified or is it just a post booster? I have asked this several times here but no answer probably means people here aren't sure either.

So why does anyone want me to discuss his long term plans? Anything anyone says about those ideas is likely wrong anyway. I don't think he should discuss his long term plans I am just confused as to why anyone expects people on here to reply on them if we don't know the detail.

You see the way I remember it that was when banning got calls of "Free speech is being stolen". Similar to today I see people claiming that advertisers leaving twitter is an attack on "Free Speech" or the 1st amendment. Musk could ban every democrat and all center to left wing European politicians on the platform and it still wouldn't be an attack on Free Speech given Twitter is a private company and free speech has nothing to do with them. He is allowed to do it, it would be dumb and just turn the platform into Parlor or TheDonald.win.

But yeah, if you want to state that banning Trump or Alex Jones or whoever is a bad decision for the platform or not inline with their rules then that is fine, I disagree but that conversation can be had without the random "Free Speech" buzzwords that were and are so prevalent and destroy any chance of a real discussion. Also from a business point of view it turns out they were right, advertisers stayed till Musk came on board and then started getting cold feet. I doubt any are leaving over any moral obligation but Musk is generally bad PR and they are obviously not convinced by his plans.

Good to see the back of criminals like this idiot. I'm sure he wasn't the only one

If that's the case and he's in the mould of Mr.O'Leary - you may get used to the idea that soon you'll be paying for every tweet, how long you're logged in and of course for excess baggage. Be careful what you wish for.

What is the criminal charge against him?

No not borrowing more, from article "Banks that lent $12.7 billion to Elon Musk for his $44 billion Twitter takeover will hold the debt until early next year as they wait for the billionaire to unveil a clearer business plan they can market to investors, the Financial Times reported.".

Was he convicted of a crime?

You aren't meant to answer it. You are meant to realise that if there were detailed plans set in stone he wouldn't be changing them on a whim.

Maybe. I will see what he actually does, right now the drama is amusing on twitter. If my timeline stays as is I will stay and if it starts changing then, depending on the changes, I will either delete my account or simply stop logging in. I won't be buying verified or anything like that but there is no benefit to logging off now when I am still getting the service I want even if I expect that to change in the future.

My points this far on this thread have been as I guess I have been unclear.

From what I can tell the new blue tick mark will mess things up.

Just because Elon is rich does not mean he knows what he is doing here. His attempts to trash twitter's stock shows this as well instantly losing advertisers.

Just because a bank is involved does not mean there is a detailed plan, he got a lot of this financing before he had done any due diligence. If the bank is happy they won't lose money they will take a risk. the fact that the plan has already changed shows little was set in stone. This is not an attack but a counter to the random assumption I have seen that every little detail has been planned out. I doubt any takeover would be that planned but people are assuming it anyway. There is only so much that can be planned in advance.

Just because he uses buzzwords does not mean that he is in any way attached to Equal/Free/Truth/"insert buzzword here" speech and that his actions in sharing false information have shown that. I believe his attempt to blame left wokists for losing advertisers was just a way to use more buzzwords to attract his target audience as opposed to being an actual point.

I do not believe that he will come close to making his money back on twitter, no idea if he will close it or sell it or just keep it ticking over but that it won't effect his standard of living, he can afford to break these things as part of a vanity project and not worry about consequences.

I am not going to delete my twitter account out of spite, I will state my opinions on what will happen here but will take action based on what does happen. He is also CEO of multiple companies so I doubt he does much for any of them. Maybe the actual movers and shakers will know what they are on about if he gets bored and goes back to tunnels.

We all make mistakes. We don't all overpay tens of billions for declining assets as a result of our big mouths.