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) Billionaire Elon Musk has been in a battle to take control of Twitter but a cryptic tweet may have signaled the end of that pursuit.Related Elon Musk Finds a New Target: Confronts Bill Gates Over Major Climate Hypocrisy
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Early on Sunday the Tesla, SpaceX and Starlink CEO sent a two word tweet “Moving on …” and that sent some who support his Twitter takeover attempt into a frenzy.
What did he mean by it? Was he done with his Twitter ambitions? Was he posturing? Or was he trolling as he so often likes to do.
He later showed that he was, in fact, trolling as he answered what he was moving on from.
“(from making fun of Gates for shorting Tesla while claiming to support climate change action),” he said.
(from making fun of Gates for shorting Tesla while claiming to support climate change action)
— Elon Musk (@elonmusk) April 24, 2022
But before he did some of his supporters panicked that he would be moving on from attempting to acquire Twitter.
“Don’t you cuck out like the rest of these RINOs who tuck and run. FIGHT, MAN!” Republican Congressional candidate Lavern Spicer said.
Don’t you cuck out like the rest of these RINOs who tuck and run. FIGHT, MAN!
— Lavern Spicer 🇺🇸 (@lavern_spicer) April 24, 2022
“Selling twitter shares already?” another person said.
Selling twitter shares already? 😱
— Elja (@Eljaboom) April 24, 2022
“I hope this doesn’t mean what I think it means. If it does, you’re a true and typical Republican,” Republican Senate candidate James Bradley said.
https://twitter.com/JamesBradleyCA/status/1518198947357020166?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1518198947357020166%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fconservativebrief.com%2Ffrenzy-62256%2F
“So #ElonMusk tweets “Moving on” … not sure what that means. I don’t think it means he is giving up. I hope not, anyway. Perhaps it means he is moving on to plan B…. Any other ideas?” columnist Phil Holloway said in a tweet.
So #ElonMusk tweets "Moving on" … not sure what that means. I don't think it means he is giving up. I hope not, anyway. Perhaps it means he is moving on to plan B….
Any other ideas? https://t.co/tRdStlVsJB
— Phil Holloway ✈️ (@PhilHollowayEsq) April 24, 2022
“Sometimes the only way to focus an acquisition target on reality is to take a walk …” polling company Rasmussen Reports said.
Good Morning !
Sometimes the only way to focus an acquisition target on reality is to take a walk … https://t.co/7Nhbgzl5Zv
— Rasmussen Reports (@Rasmussen_Poll) April 24, 2022
On Saturday Musk shredded fellow billionaire, and Microsoft founder, Bill Gates in a new tweet comparing him to a pregnant man emoji.
But what is more, the Tesla, SpaceX and Starlink CEO confirmed that a leaked conversation between him and Gates, where he told Gates to pound salt when he asked him to discuss climate change philanthropy, was real.
“So apparently Bill Gates hit up @elonmusk to discuss ‘philanthropy on climate change’ but Elon asked if he still had a half billion dollar short position on $TSLA. Bill said he hasn’t closed it out, so Elon told him to get lost. No idea if this is true lol,” a person said on Twitter and in a subsequent tweet asked Musk if it was true.
So apparently Bill Gates hit up @elonmusk to discuss “philanthropy on climate change” but Elon asked if he still had a half billion dollar short position on $TSLA.
Bill said he hasn’t closed it out, so Elon told him to get lost. No idea if this is true lol pic.twitter.com/iuHkDG3bAd
— Whole Mars Catalog (@WholeMarsBlog) April 22, 2022
“Yeah, but I didn’t leak it to NYT. They must have got it through friends of friends. I heard from multiple people at TED that Gates still had half billion short against Tesla, which is why I asked him, so it’s not exactly top secret,” he said.
Yeah, but I didn’t leak it to NYT. They must have got it through friends of friends.
I heard from multiple people at TED that Gates still had half billion short against Tesla, which is why I asked him, so it’s not exactly top secret.
— Elon Musk (@elonmusk) April 23, 2022
Musk followed that with another tweet featuring a side by side photo of Gates and a pregnant man emoji with the caption “in case u need to lose a boner fast.”
in case u need to lose a boner fast pic.twitter.com/fcHiaXKCJi
— Elon Musk (@elonmusk) April 23, 2022
This week Musk said he has some changes in mind for Twitter if his bid to take over the company is successful.
“If our twitter bid succeeds, we will defeat the spam bots or die trying!” he said. “And authenticate all real humans.”
And authenticate all real humans
— Elon Musk (@elonmusk) April 21, 2022
He made the tweets after he said in a new filing with the Securities and Exchange Commission (SEC) that he had secured $46.5 billion to purchase Twitter from three sources that includes $21 billion of his own funds, $13 billion from Morgan Stanley and $12.5 billion from other banks.
It was originally reported by The New York Post that Musk was actively searching for investors to raise around $10 billion in his takeover efforts.
It also said that he was prepared to invest $15 billion of his own money and wants to make his move within 10 days.
The Tesla tycoon — who is worth $270 billion, according to Forbes — is angling to finance his $43 billion bid to acquire Twitter in a complex deal that raises debt against both the company and possibly his own stock, as well as a giant cash equity infusion from co-investors, The Post has learned.
Still, insiders say Musk appears to be facing hurdles in raising the money. In addition to doubts about whether Twitter is worth the $54.20 a share that Musk offered on Thursday, sources said some investors appear skittish over his pattern of unpredictable behavior and taste for controversy.
Musk himself is willing to invest between $10 billion and $15 billion of his own cash to take Twitter private, two sources close to the situation said. That’s up from the current 9.1% stake in the company he revealed on April 4, which is worth about $3.4 billion.
He may even be willing to borrow against his current stake which could bring in several billion dollars.
“The co-investors will combined have more equity than Musk but he will be the biggest single holder,” a source said.
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