The recent $44 billion acquisition of Twitter by Musk has aroused widespread public concern.
Regarding the purpose of Musk's acquisition of Twitter, there are many opinions.
Let's take a look at what the parties have to say.
On April 16, when Musk proposed to buy Twitter, he was interviewed about the purpose of the acquisition and said that "civilization" was at risk.
Musk also threatened at the time that he might sell his stake if the acquisition was rejected by Twitter.
It should be noted here that before Musk proposed this acquisition, Musk had quietly purchased more than 9% of Twitter's shares, and was already a major shareholder with a decisive influence on Twitter.
In fact, what I am more concerned about here is that the "civilization" that Musk mentioned is at risk.
I looked up Musk's original text at the time and said, "Having a public platform of maximum trust and broad inclusion is extremely important for the future of human civilization." Musk said his acquisition of Twitter doesn't care about economic issues at all.
First of all, Musk, as a famous madman, has always been relatively insignificant, has a very exaggerated style, and has always been half-truths and half-falsehoods.
So for what Musk has to say, just listen.
Musk certainly can't really be completely unconcerned about economic issues, at least the capital group behind Musk will still be concerned.
But this also shows from one side that Musk's acquisition of Twitter cannot be viewed only from the economic level.
Musk raised a total of $46.5 billion in order to acquire Twitter, which mainly came from two parts of the funds.
$25.5 billion is debt financing from Morgan Stanley, Bank of America and Barclays, which includes staking Tesla stock as a pledge loan.
$21 billion is a personal equity financing from Musk funds.
So, this is a very typical high leverage buyout.
But because Musk is backed by a top international consortium like Morgan Stanley, this luxury acquisition is possible.
Therefore, Musk has never been alone, and there are many traces of the operation of capital groups behind him.
Musk is a very complex person.
He is a technology maniac, although he often speaks wildly, many words have not been realized, but Musk is also a doer, and some wild words can also be persistently realized.
Many years ago, I still like Musk's practical spirit and admire his vision.
But since Musk frantically gave virtual currency platforms last year, often through his influence and remarks, using social media to make the virtual currency market appear huge fluctuations, there is a suspicion of harvesting leeks, I began to dislike Musk a little.
Especially in the second half of last year, Musk's Starlink satellites have twice approached our space station.
This made me even more disgusted with Musk.
But objectively speaking, Musk is indeed a rather complex person, and it is difficult to describe this person in terms of good and bad.
This complexity is also reflected in Musk's phenomenon of "left and right" in the current international game.
First of all, Musk has extremely close cooperation with the US military, for example, Musk's Starlink program has a lot of cooperation with the US military.
And Musk's SpaceX is basically supported by NASA in the United States, otherwise SpaceX would have gone bankrupt long ago.
Therefore, Musk's relationship with the US government and the military has always been relatively close.
On the other hand, in 2019, Tesla was on the verge of bankruptcy, when Tesla fell into the production capacity hell, and tesla's cash flow was extremely tight due to the lack of supply.
Musk later admitted that Tesla was only 1 month away from bankruptcy.
However, at the critical moment, Tesla's gigafactory in Shanghai was built at the speed of light, and we also provided Tesla with tens of billions of yuan in loans.
This was undoubtedly a blessing for Tesla, which was extremely tight on cash flow at that time.
And after the completion of the Shanghai Gigafactory, tesla's production capacity hell was solved at once, and Tesla was brought back to life.
Tesla's stock price soared from $35, which nearly went bankrupt in 2019, to a high of $1,243 last year after the completion of the Shanghai Gigafactory, becoming the world's most valuable car company.
Also because of the existence of the Shanghai Gigafactory, Musk has always been regarded as a representative of the emerging capital in the United States that is more friendly to us.
Musk has also made all kinds of praises to us on many occasions.
But because of the existence of the Starlink project and Musk's close relationship with the US military, it also casts a shadow on Musk's relationship with us.
Therefore, Musk is a very good at "left and right" people.
This kind of "left and right" is not only reflected in the game between the two major powers.
It is also reflected in the "left and right" sources within the United States.
The power of capital in the United States is simply divided into two major factions.
One is the U.S. homegrown capital behind the Republican Party, right-wing, conservative.
One is the global capital behind the Democratic Party, which is left-wing, liberal.
Among them, the religious color behind the Republican Party will be relatively strong, mainly American Protestantism, mainly evangelicals.
This is also Trump's most hardcore support group, which can be called Trump's faith fans.
The global capital behind the Democratic Party is not so strong in the United States Protestantism, but the Democratic Party is very good at shaping this set of universal values in the new era, and this democratic value that we have heard rotten over the past many years is basically the global capital behind the Democratic Party.
Including many of the more controversial such radical "environmental protection", gender, race and other Western "absolutely correct" shaping, including the "white left" model we often hear, it is basically the handiwork of American global capital.
From a certain point of view, this kind of political correctness is also strongly religious, full of unquestionable exclusivity.
A large part of the reason why the United States is currently so torn apart is that the "left" and "right" of the United States have formed a very strong exclusivity.
This serious antagonism has made almost all the views of american leftists and right-wingers opposed and mutually exclusive, and their perception of the world is basically not on the same channel.
If you mix in with both left-wing and right-wing discussion groups in the United States, you will feel like you are in two parallel worlds, obviously the same thing, and both sides will have diametrically opposed cognitive attitudes.
And Musk is also a person who is good at "left and right" within the United States.
Musk is the leader of new energy in the United States, and new energy and environmental protection are the main cards of global capital in the United States.
So, American left-wing capital is in need of Musk.
But at the same time, Musk can represent the local manufacturing industry in the United States to some extent, and has a strong interest bond with the red neck group of Trump's supporters.
For example, Tesla's previous gigafactory was in California, which is the most important vote base of the Democratic Party.
However, Tesla's new gigafactory in the past two years is the choice in Texas, and this is the most important vote warehouse of the Republican Party.
Therefore, Musk is a very good at "left and right sources" people, many people only see Musk's crazy side, think that he is speechless, is a typical "high IQ and low emotional intelligence" person, but I think that Musk's emotional intelligence is also very high, because a person with low emotional intelligence cannot do such a "left and right source".
Although Musk is crazy, his madness is underpinnings, on the one hand, he has technology and execution, on the other hand, he can do it, so that different forces need him, which makes Musk crazy, but he can do it left and right.
The left wing of the United States needs Musk to develop new energy sources.
The right wing of the United States also needs Musk to develop local manufacturing.
This also makes Musk vaguely become the leader of the capital of emerging industries in the United States, and become a third-party capital in addition to the traditional "left and right" capital in the United States.
However, here will usher in a new contradiction.
The big cake of the United States, for more than 100 years, has been dominated by left-wing global capital and right-wing local capital.
Here, the interests of global capital are mainly concentrated on Wall Street, the global industrial chain, and Silicon Valley high-tech companies.
And the US domestic capital, although due to the hollowing out of the manufacturing industry, has been declining in the past 20 years.
However, the domestic capital in the United States is still supported by oil and gas capital and military salaries.
Now the United States is trying to engage in strategic contraction and carry out the so-called return of manufacturing in the face of unsustainable globalization.
In this regard, it will first affect the interests of US global capital and enhance the discourse power of US domestic capital.
At the same time, if the United States wants to engage in the return of manufacturing, it will give birth to a new group of emerging industry capital.
Musk is the leader of emerging industry capital.
From this point of view, Musk's "left and right" is not a simple choice to take sides left and right, but Musk wants to do a third-party rise.
But the rise as a third party inevitably involves the redistribution of the cake.
Then there will definitely be people whose interests are damaged, and then the parties whose interests are damaged will certainly not like Musk very much.
Therefore, now it is the American left that is mainly focused on new energy, and does not like Musk more.
Originally, Musk's crazy setting has not been very pleasing to the American elite.
From musk's various behaviors in the past two or three years, carefully thinking about the game and capital context behind it, I feel more and more that Musk's ambitions are very large.
Musk may want to go further and change the current serious "left-right confrontation" situation in the United States.
This makes Musk first need to have the ability to influence and even control American public opinion.
The control of public opinion and the media has always been in the hands of Left-wing capital in the United States for the past hundred years.
The Capitol Hill riots last January can be said to be the first public and tearing of the "left-right confrontation" in the United States in front of the world.
This makes American left-wing capital, at the expense of setting off its cards, block all of Trump's social media collectively, which also shows that the control of American public opinion is in the hands of American left-wing capital.
Therefore, Musk's acquisition of Twitter this time, in the name of defending "freedom of speech", is actually aimed at the control of free speech by Us left-wing capital after the Capitol Hill riots last year.
Musk said that "free speech is the cornerstone of the operation of democratic politics, and Twitter is a digital town square where people debate matters that are vital to the future of humanity." ”
Musk also said he hopes to make Twitter's algorithm public to make transparent the specific logic of content recommendation and blocking.
Now, American left-wing capital controls the right to speak of global public opinion, and holds the power to "block" speech by shaping the "absolute correctness" of democracy, human rights, environmental protection, gender, and race.
Any remark or video that conflicts with left-wing American values could easily be blocked by U.S. social media.
So, I think the main purpose of Musk's acquisition of Twitter is to break the monopoly of "free speech" by American left-wing capital.
Therefore, the mainstream media in the United States and the West have all kinds of yin and yang weirdness about Musk's acquisition of Twitter. For example, the New York Times's various insinuations suggest that Musk bought Twitter in order to manipulate public opinion.
But the New York Times seems to have forgotten that even if Musk doesn't buy Twitter, public opinion in the United States is manipulated by left-wing capital.
Anyway, it's just the difference between who controls it.
Musk wants to break the manipulation of public opinion by American left-wing capital.
Such behavior, relying on Musk alone, is obviously impossible to achieve, so we can see that the consortium behind Musk's acquisition of Twitter this time includes Morgan Stanley.
Morgan Stanley and JPMorgan Chase, as Big Mo and Xiao Mo, are the two top investment banks in history after the famous Morgan consortium separated in 1933.
The Morgan consortium is one of the oldest supercomputers in the United States.
Even the birth of the Federal Reserve is inextricably linked to the Morgan consortium.
Before the Outbreak of the Great Depression in 1929, the Morgan consortium was a one-handed fiefdom in the United States.
But because of the Great Depression of 1929, in the face of such a serious world economic crisis, Americans began to reflect on the excessive power of these bankers.
As a result, the Glass-Steagall Act, which emasculated the American banking industry and prevented the banks from operating in a mixed operation, was pushed out by Roosevelt.
The mixed operation of banks means that banks can take depositors' money and directly invest in securities.
Before 1929, this was the norm in the American banking industry, relying on the mixed operation of banks, and the American banking industry could obtain amazing profits with extremely high leverage.
But it also laid the foundation for the financial crisis of 1929.
Therefore, in order to solve the Great Depression, Roosevelt first ended the mixed banking model, stipulating that a bank should either engage in commercial banking business of deposits and loans, or only engage in investment banking business of securities transactions.
That is to say, the bank and the investment bank are separated, and only one of the two can be chosen.
Therefore, the Morgan consortium was "separated".
As a result, the original commercial banking business of the Morgan Consortium became JPMorgan Chase, which was later known as Xiaomo.
Other investment bank-related businesses became Morgan Stanley, later known as Damo.
Interestingly, JPMorgan Chase is a well-known "Tesla black fan", because in 2018 Musk issued a tweet announcing privatization, resulting in huge fluctuations in Tesla's stock price.
It turned out that Musk was just talking nonsense, which also led to a series of lawsuits, when JPMorgan Chase also sued Musk for $162 million.
In fact, Musk's relationship with Wall Street capital has been very bad before 2020.
Because in 2019, when Tesla was on the verge of bankruptcy, these top investment banks on Wall Street were all kinds of empty Tesla, saying that Tesla was going bankrupt every three to five minutes.
However, this time Musk's acquisition of Twitter, morgan Stanley can be seen behind it.
This makes me wonder whether the collective shorting of Tesla by the top Investment Banks on Wall Street in 2019 is a kind of "bitter meat plan", these top investment banks are singing short on the surface, but in fact they are quietly constantly fishing for chips.
This kind of routine, in the field of financial capital, is a common thing.
And this is to see some of the trends worth pondering in these big capital conglomerates in the United States.
The Glass-Steagall Act, which Roosevelt used to limit the capital of U.S. banks in 1933, was eventually repealed in 1999, and the U.S. banking industry could be mixed, which also laid the foundation for the subprime mortgage crisis of 2008.
So, after the subprime mortgage crisis broke out, the United States pretended to restart the Glass-Steagall Act.
At that time, Obama once again invited Volcker out of the mountain to become Obama's economic adviser, and proposed the famous "Volcker Rule" to ban the mixed operation of the United States again, putting a tight curse on the capital of American banks.
But 12 years after the subprime mortgage crisis, the United States is not remembered for long.
In June 2020, the United States again released the capital of banks, allowing American banks to operate in mixed operations.
As a result, it has only been two years, and the United States is vaguely at risk of a new financial crisis.
Every outbreak of a world economic crisis in history is the simplest and crudest way to break the solidification of interests and redistribute the cake.
There is nothing new under the sun, and history always advances in a cyclical spiral.
Why human beings always fail to learn from history, only because the greed of profit will always cover people's eyes.
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