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by crisdux 1350 days ago
I read an interesting theory on twitter from @johnrobb. What if he wanted to purchase Twitter at the original price all this time and this whole fiasco was just a misdirection to bury criticism of the deal and throw the opposition off. The establishment was gearing up for a fight. He successfully got them off his tail.

I don't think any of us know whats really going on. We are all just speculating. I'm shocked at how prejudice some of the comments in here are.

3 comments

Doesn't really make sense to me. Since when has he ever cared about criticism? He had a binding merger agreement. He didn't have to do any 4-d chess to buy twitter. What establishment? What makes you think they were gearing up for a fight? They agreed to sell him Twitter

Initially the Twitter board didn't want him to buy twitter, but he made a big offer and they were forced to take it. He had already "won" by then. If anything all this stuff since has damaged the value of twitter, which he now owns.

If there's one thing I think Elon Musk values is how people think of Elon Musk. This whole "brash decision then cold feet" fiasco has not put him in a good light and not made him seem like the edgy and cool guy he seems to try so hard to be.
That fits.

First they were pissed he wanted to buy Twitter and did everything they could to stop it, including taking the poison pill.

Then they were pissed he didn't want to buy Twitter and tried forcing him to buy it.

Now both sides are aligned. He wants to buy it and now they want him to buy it too.

Both sides were aligned when both sides signed a legally binding agreement that he would buy the company.

How on earth does it fit, Twitter weren't trying to get out of the deal, he was. Yet actually it's a great conspiracy of his because really he's the one who wanted the deal??

I don't think you know what the poison pill actually entailed or why it mattered.
the board agreed with the sale which is what the poison pill was meant to do (prevent the sale without board approval). This makes no sense