this post was submitted on 11 Nov 2024
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A place to post ridiculous posts from linkedIn.com
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IIRC he made a joke offer to buy it in a Tweet at a certain price per share (that was ridiculously high) and because he was literally just sanctioned by the FCC for market manipulation his joke had to become a reality in order for him to avoid serious penalties (the FCC was DONE with his shit at this point).
Everything since then has just been off his dome. Obviously it's pretty bad up in there since it's just a roaring money fire ATM.
He started out by buying 9% of Twitter and violating financial regulations by not disclosing it. There’s an article with a timeline here: https://www.nbcnews.com/business/business-news/twitter-elon-musk-timeline-what-happened-so-far-rcna57532