Musk, the world's richest man who claims to want to achieve freedom of speech, just spent $44 billion to buy Twitter (equivalent to China's Weibo) for about 290 billion yuan, just bought Tesla's stock but plunged 12% overnight, the market value evaporated more than $100 billion, and after Musk became Twitter's largest shareholder, Tesla's stock price has plummeted by 23%, is this for the sake of free speech?
The world of rich people really can't understand ah, from his contact with Twitter the acquisition process is comparable to the movie, from the beginning of the year he lurked to Twitter began to quietly buy Twitter's stock, knowing that it was only revealed in April this year, when he was already Twitter's largest shareholder with a shareholding ratio of 9.1%, Twitter board saw this result and quickly invited Musk to join the board, as a result Musk did not see the board quota at all, what he wanted to do was to acquire Twitter. Twitter here to see Musk is not small tone to buy Twitter? Then I will issue additional shares to resist Musk's acquisition, and as a result, when we who eat melons still want to see a good show, Twitter actually compromised and actually unified Musk's acquisition. And the lenders who gave Musk a loan to buy Twitter included Morgan Stanley, Tate's current third-largest shareholder.
From Musk becoming Twitter's largest shareholder, to whether Musk wants to join the board, to preparing to buy Twitter and Twitter opposing the acquisition, and finally Twitter's shareholders personally giving financial support, the whole process took only 20 days, and we who eat melons have not had time to watch the good drama. I don't know if the family knows that although Musk is the richest man in the world, mainly relying on his Tesla and other industries to add stocks in his hands, but his assets are not equal to his cash, Musk's cash flow is actually far from enough. According to foreign media reports, Musk's liquid cash is estimated to be about $3 billion, and it is far from enough to want to buy Twitter. So if you want to buy Twitter, you must find a capital big man to borrow money.
Of the more than $40 billion that acquired Twitter, more than 13 billion is collateralized from the stock after the acquisition of Twitter, and the other 30 billion is more than 12 billion is margin loans. But the more than 12 billion margin loans are not just given to you casually, you have to take $60 billion worth of Tesla stock as collateral. The rest of the money will have to be raised by Musk with equity, and it is understood that Musk is ready to sell shares in other industries under his umbrella.
The matter of Twitter here has not yet settled, Musk tweeted to buy Coca-Cola, and threatened to add cocaine to Coca-Cola, this kind of words can be said? But then again, Coca-Cola did contain cocaine in its previous recipe, and Coca-Cola's name is also an abbreviation for cocaine. Coca-Cola was popular throughout the United States when it first came out, and it has become popular all over the world after World War II. So why is cocaine in Coca-Cola so popular with the people? In fact, in the United States, they have long accepted the existence of cocaine, and many continents are legalized. Later, there were a lot of side effects and slowly removed it.
But then Musk posted: Listen, I can't do miracles. Obviously, it's the rhythm of talking big. Xiaobian wants to say here, the money for the acquisition of Twitter is not enough, but also to acquire Coca-Cola, Coca-Cola's market value is more than 280 billion US dollars, what do you mean by that? Is it to achieve freedom of speech? And recently Tesla's stock price has fallen into what kind of, still not to close the heart ah?
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