Elon Musk now owns Twitter

I can't imagine a more disgraceful thing than being afraid of fighting Mark Zuckerberg, especially after you've shot your mouth off over it.

Mark Zuckerberg says Elon Musk “isn’t serious” about a cage fight and “it’s time to move on” from their proposed showdown, the details of which were never nailed down.​
“Elon won’t confirm a date, then says he needs surgery, and now asks to do a practice round in my backyard instead,” the Meta chief executive wrote on social platform Threads Sunday.​
“If Elon ever gets serious about a real date and official event, he knows how to reach me. Otherwise, time to move on. I’m going to focus on competing with people who take the sport seriously.”​

United States Steel Corp. (X) is considering a sale after fielding acquisition offers, according to a news release Sunday from the company.

The steel producer is under a formal review process after “receiving multiple unsolicited proposals” for both specific assets and the entire firm, the release announced.

Hmm, the stock symbol for US Steel is "X".
Interesting indeed.

Musk took Twitter private for a reason: he knew it wasn't worth anywhere near what he paid for it and he wanted to hide that.

US Steel has a current market cap of roughly 5 billion dollars.

So I can see a scenario where Musk once again throws good money after bad (Solar City) and buys US Steel, guts it, sells off all its assets, merges it into the X platform and then goes IPO and tries to get a windfall influx of cash.

I hope that's what he's doing...

Because it's going to fail spectacularly and I would enjoy the LOL's for days.
  • Like
Reactions: Zeedox