Discussion

• @pt Parker on x

  They should cut this guy some slack while he's busy with this Russia/Ukraine thing. https://twitter.com/...

• @kurtwagner8 Kurt Wagner on x

  New: Elon Musk plans to skip his deposition tomorrow. Not shocking but given Twitter still hasn't officially done anything to halt its lawsuit this is also interesting...Oct 17 trial date approaches https://www.bloomberg.com/...

• @stanphylcap @stanphylcap on x

  “As of late Wednesday... Sticking points include what would be required from both sides for litigation over the stalled deal to be dropped and whether the deal's closing would be contingent on Mr. Musk receiving the necessary debt financing” https://www.wsj.com/... $TWTR

• @garyblack00 Gary Black on x

  This wasn't surprising. Elon tried to negotiate a lower price for weeks, but failed. Meanwhile the pre trial rulings kept going against him and the $TWTR whistleblower didn't help. In front of a potentially awkward deposition, he chose to settle. $tsla https://www.wsj.com/...

• @matthewstoller Matt Stoller on x

  Elon Musk forced everyone in his factories back to work over Covid but can't do a deposition in his trial due to “concerns about Covid-19 exposure.” https://www.ft.com/...

• @trengriffin Tren Griffin on x

  “You name the price and I'll set the terms.” https://www.wsj.com/... https://twitter.com/...

• @imkialikethecar Kia K. on x

  i can't tell exactly what's happening behind the scenes. i wouldn't read this as an outright sign that Twitter is amenable to settling... but time is running out so it better have a plan for this depo... https://twitter.com/...

• @anni_sen Anni Sen on x

  For those holding $TWTR long to get $54.20... the risk is too high given Icahn and Loeb already rang the register https://www.wsj.com/...

• @epro Emil Protalinski on x

  Will Twitter regret this when Elon Musk changes his mind again? https://twitter.com/...

• @ericnewcomer Eric Newcomer on x

  how is there “no pressure” when the judge says the trial is continuing https://twitter.com/...

• @cararlombardo Cara Lombardo on x

  Updated story w/⁦@AlexaCorse⁩: As of late Wednesday, Musk and Twitter were still at odd over details of his proposal to stick to the original agreement. $TWTR https://www.wsj.com/...

• @gossithedog Kevin Beaumont on x

  There is bargaining going behind the scenes still. https://www.wsj.com/...

• @annmlipton @annmlipton on x

  “But the discussions about a discount did not move beyond early stages, the people familiar with them said, and no term sheets were prepared. It was not clear why the talks had not gone forward.” I can tell you why. https://www.nytimes.com/...

• @sherman4949 Alex Sherman on x

  Musk: I don't want to buy Twitter anymore Twitter: Too bad Musk: I want to pay less Twitter: Too bad Musk: How about this? I'll pay $44 billion like I agreed to Twitter: You drive a hard bargain https://twitter.com/...

• @reckless Nilay Patel on x

  Gaining leverage through strategic leaks used to be an art, all these nerds have been all “go direct” on their https://medium.com/ blogs for too long and forgot how to play this game with any subtlety

• @esqueer_ Alejandra Caraballo on x

  Even if Twitter prevails in the lawsuit, they can't compel Musk's backers to fund the deal. There's a real possibility he'll be forced to liquidate Tesla stock and lose controlling interest to finance a buyout of Twitter at a price 4x what it's worth. https://twitter.com/...

• @sawyermerritt Sawyer Merritt on x

  The informal discussions happened in a series of conference calls in recent weeks between lawyers and ended after the two sides failed to agree on terms of a potential deal. https://www.wsj.com/...

• @ncweaver Nicholas Weaver on x

  And the Twitter board response was undoubtedly: “Nope, specific performance. Either buy us for $44B, or pay $10B+ to get out of the deal. But that, too, will have specific performance and you'll need to stipulate to it with the Delaware Court of Chancery” https://twitter.com/...

• @waltlightshed Walter Piecyk on x

  Held talks? Sounds more like proposals and rejections. https://twitter.com/...

• @parismarx Paris Marx on x

  Elon Musk tried to get a 30% discount on the Twitter deal. Then just 10%. But Twitter still wasn't budging. This week he agreed to buy it at full price, days before his court deposition. He really wants to avoid this trial and what it reveal about him. https://www.nytimes.com/...

• @reckless Nilay Patel on x

  Amazing coincidence that the NYT and WSJ both simultaneously published stories about Twitter rejecting settlement proposals the night before Elon's deposition

• @karaswisher Kara Swisher on x

  Hey ⁦@profgalloway⁩ we got this one right https://www.nytimes.com/...

• @cararlombardo Cara Lombardo on x

  .@WSJ scoop w/⁦@AlexaCorse:⁩ - Musk & Twitter held unsuccessful price-cut discussions in recent weeks - Two sides now at odds over outlines of pact to close at original terms - For now, they agreed to delay Musk's deposition tmrw $TWTR https://www.wsj.com/...

• @wsj @wsj on x

  Representatives of Elon Musk and Twitter held unsuccessful talks about a possible price cut to his $44 billion deal to buy Twitter before he said he would buy the company on the agreement's original terms, people familiar say https://www.wsj.com/...

• Vox Peter Kafka on x

  Elon Musk can't fix Twitter because no one can

• @eddie1perez Edward Perez on x

  “Elon Musk and his new leadership are about to get a crash course in the complexities of moderating harmful content,” said Eddie Perez, a former Twitter employee who worked on civic integrity & misleading information and is a board member ⁦@OSET⁩." https://www.wsj.com/...

• @elonmusk Elon Musk on x

  Buying Twitter is an accelerant to creating X, the everything app

• @joannastern Joanna Stern on x

  Great piece. Superapps may not be so super. https://twitter.com/...

• @broderick Ryan Broderick on x

  The internet doesn't need a “public square” and it definitely doesn't need Twitter. The only reason guys like Musk call Twitter a “public square” is because they want to buy it, turn into their personal “everything app,” and trap us here. https://www.garbageday.email/ ... https:/…

• @unsubtledesi Nupur J Sharma on x

  Here's hoping Musk does something to weed out the bots and un-shadow ban thousands of accounts from across the globe, partially silenced for speaking truths uncomfortable to the “establishment”. https://twitter.com/...

• @techwontsaveus @techwontsaveus on x

  “To the extent that an escapist fantasy enters into discussions about Twitter, social media, and X, it's Musk's, and it's about being in charge of everything. There are plenty of sci-fi books about that sort of thing too.” https://nymag.com/...

• @elonmusk Elon Musk on x

  @LarckeningXuruo Twitter probably accelerates X by 3 to 5 years, but I could be wrong

• @jgriffiths James Griffiths on x

  1. Musk makes things up all the time 2. There's a reason WeChat has only found success in China 3. People don't want an everything app, only tech companies think they do https://www.bloomberg.com/...

• @steinkobbe @steinkobbe on x

  @elonmusk This is so lazy even your fans have to know it's nonsense talk

• @saylor Michael Saylor⚡️ on x

  @elonmusk If you eliminate the bots, the humans will thank you.

• @pranavdixit @pranavdixit on x

  Far-right Twitter accounts in India that regularly spew hate speech are already salivating at the prospect of a Musk-owned Twitter. https://twitter.com/...

• Vox Whizy Kim on x

  A Twitter trial would expose Elon Musk to scrutiny. Buying Twitter might help him avoid it.

• @twitterir @twitterir on x

  Twitter issued this statement about today's news: We received the letter from the Musk parties which they have filed with the SEC. The intention of the Company is to close the transaction at $54.20 per share.

• @blueboxdave David Marcus on x

  Oh no! A conservative might buy the election rigging machine! https://twitter.com/...

• @calichicacine @calichicacine on x

  You don't use Twitter do you? Half of the complaints about racism and vitriol are ignored. But yeah keep lying. https://twitter.com/...

• @oneunderscore__ Ben Collins on x

  For those of you asking: Yes, I do think this site can and will change pretty dramatically if Musk gets full control over it. No, there is no immediate replacement. If it gets done early enough, based on the people he's aligned with, yes, it could actually affect midterms.

• @sandofsky Ben Sandofsky on x

  I'd rather Musk not own Twitter, but if it had to happen, it's nice he took the most humiliating path.

• @ddayen David Dayen on x

  Intimation here that the Twitter merger could potentially become a Citrix situation if interest rates continue to rise and the debt can't be easily sold? https://www.bloomberg.com/...

• @riggsreport @riggsreport on x

  and of course, a biggie here: *MUSK: OFFER CONTINGENT ON RECEIPT OF PROCEEDS OF DEBT FINANCING

• @wholemarsblog @wholemarsblog on x

  Banks financing @elonmusk Twitter deal face hefty losses https://www.reuters.com/...

• @5_min_macro @5_min_macro on x

  Everybody wants Elon Musk to be forced to buy Twitter, but nobody wants him to actually buy Twitter - quite the paradox.

• @bondhack Robert Smith on x

  To everyone freaking out about Elon Musk owning twitter, relax. In 18 months the 2nd lien lenders will own it.

• @thepacketrat Sean Gallagher on x

  Looking forward to the Lehman Bros style collapse that comes as a result of this hell site. https://twitter.com/...

• @reckless Nilay Patel on x

  Elon says he'll close the Twitter deal if the court adjourns the trial, which... well why would the court or Twitter agree to that after all this time? Is this some Delaware procedural thing? https://t.co/Ou71uN53bm

• @patrickw Patrick W. Watson on x

  Maybe not coincidence Musk was going to be deposed this week. Answering questions about Twitter under oath is no doubt something he would like to avoid. https://www.axios.com/...

• @adammilstein Adam Milstein on x

  Twitter is likely weighing a settlement with Elon Musk as they barrel toward a trial in Delaware court later this month over their tortured $44 billion acquisition deal https://www.businessinsider.com/ ...

• @theryanford Ryan Ford on x

  “I'd love to buy Twitter now. Oh wait but I can't because there's current legal action against me. Better drop the suit.” https://twitter.com/...