Elon Musk Backs Out Of Twitter Deal Because The Horse-For-A-Blow-Job Story Got Out Anyway

Jun 6, 2022
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Elon Musk sent a letter to Twitter over the weekend saying, “Yeah, there’s too much spam on Twitter, you guys didn’t tell me, so I’m out.”

LOL.

Musk was never going to buy Twitter. He went through the motions because he thought he could make his sexual assault story disappear if he swung his dick around.

Now he’s going to get sued into fucking oblivion for using the stock market to troll the world.

Elon Musk has a “right not to consummate” his acquisition of Twitter and a “right to terminate the merger agreement,” according to a letter from his lawyers to the Twitter general counsel Vijaya Gadde sent Monday morning.

Why it matters: While Musk has been tweeting about the deal being “on hold” for a while, this is his first formal, legal suggestion that his agreement to buy Twitter is anything other than legally watertight.

Between the lines: The letter from Musk is ostensibly about a dispute over data. Musk wants Twitter to provide him with information that will help him “facilitate his evaluation of spam and fake accounts on the company’s platform.”

The big picture: Thanks to the recent rout in technology shares, both Twitter and Tesla, which is the main source of Musk’s wealth, are worth much less today than they were when Musk entered his initial bid of $54.20 per share. That means Musk is overpaying for the company, with money he is going to have difficulty finding.

The bottom line: There is zero chance that Twitter will simply accept Musk’s assertion that he has the right to withdraw from the agreement. If he tries to do so, things are likely to get messy.

How messy? On top of a $1 Billion penalty, Musk is currently being sued by several shareholders and at least two groups of board members.

Now, he’ll EVERYONE who was supposed to cash out with the ridiculous offer he was never going to follow through on.

Shareholders didn’t just lose out on his $54 share price; their shares have plummeted since the initial offer because Elon kept airing bullshit grievances during the process.

His little stunt has cost Twitter shareholders around 6 billion.

Tesla shareholders have lost double that amount. At least.

All because Elon failed a background check wanting to keep his horses-for-blow-jobs story out of his timeline.

https://crier.co/news/weird-shit/elon-musk-is-trying-really-hard-to-cover-up-that-time-he-showed-his-dick-to-a-space-x-flight-attendant/

This is what happens when Incel’s “make it,” I guess? They drape themselves in the things they always wanted until they can’t anymore.

Then they pretend they were hoodwinked by the system when their entitlement and chronic inner masturbator meet a brick wall.

Elon hasn’t heard the word “NO” in 20 years, and the actual life/a balance sheet is telling him “NO,” so he needs to find a side door to protect his non-existent reputation and self-importance.

This might be Elon’s Waterloo. You DON’T fuck with other people’s money, to this extent, to stroke your Ego and not suffer enormous consequences. He just cost people $20 billion in 30 days. It’s not something money-centric billionaire investors take lightly because Elon can’t be trusted to look out for stakeholder interests.

Attracting new money to existing projects gets more complicated for a mentally compromised guy. He’s also going to burn through billions trying to get out of his faux offer to purchase Twitter.

Good thing he has someone else’s hair to pull out.

 

 

Dean Blundell

Dean Blundell is a Canadian radio personality. Best known as a longtime morning host on CFNY-FM (The Edge) in Toronto, Ontario. In 2015 he was named the new morning host on sports radio station CJCL (Sportsnet 590 The Fan). Dean started his career in radio in 2001 and for nearly 20 years been entertaining the radio audience. Dean’s newest venture is the launch of his site and podcast which is gaining tremendous momentum across North America.

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