Mark Cuban wants to buy Twitter from Elon Musk

Please!

Also, he is the guy who can actually make it profitable.

I don't know....maybe because he can't take on the cheap. And get it out of the hands of fascist enabling douchebag?

Make that...get it for cheap

Please, God.

Twitter has been profitable (on and off) for a few years.

I don't think it will ever be profitable under Musk's ownership. It isn't necessarily his leadership (or lack thereof). Just too many advertisers are (rightfully so) scared off by his unprofessional behavior, and how it directly reflects on Twitter.

No one is going to stop buying Tyson chicken because their CFO is an alcoholic and got a DUI.

Companies will not advertise with Twitter because of Musk though.

Cuban could buy it for cheap, and probably get it to be marginally profitable. Musk would take a huge loss on it, but he has so much money. I doubt he would care.

Being a CEO/owner of a social media platform brings LOTS of attention, and Musk does not need or want that attention IMHO.

^^^ Tesla stockholders would heartily endorse this move.

Please. Leon bought it to be his own personal hug box. He's as big of an attention whore as Laura Loomer

^^^ She would gladly add her cervix to support his creepy child breeding obsession.

He also wants to buy Fox News

When you use carets ^^^ to respond no one understands what you are responding to because your response could come after other respones.

^^^ Are used to refer to the post above.

He needs to buy my hole instead.

[quote]He also wants to buy Fox News

I never really looked before, but the ENTIRE Fox Corporation isn't really all that. Given their influence on media, I would have thought they pulled in more money than they do. Wiki lists their net income for 2024 (so far) as $1.5B.

Yes, a net income of $1.5B is a lot, but Disney is around $2.4B. Paramount Global (CBS/Paramount Studios) are around $600M.

Looking at the actual numbers, Mark Cuban buying them (despite having a "low" net worth compared to Musk), doesn't seem impossible, but it would be a giant PITA for him, and unlikely to provide large (if any) returns.

He'd be doing it for "moral" reasons, which ... is great, but morality doesn't make you money, and he may be a good guy (IDK), but I suspect he is all about making money first and foremost.

According to Forbes real-time billionaires list, Musk is the wealthiest person in the world.

He's worth nearly 50 BILLION dollars more than Jeff Bezos. None of us can imagine what that kind of wealth is like.

His team of financial people will know how to use Twitter as a tax write off.

R13 your comment is so fucking stupid

The left doesn't like free speech. That's why.

R14. Yes, on paper.

I’m thinking is liquidity is not so liquid.

?

Why R15?

Companies going private (and the enormous debt that goes with that), isn't that unusual. Google KKR. I would never assume Cuban would personally assume the debt. Like I said, I don't know that it would be profitable (I honestly doubt it as Twitter has no assets to sell off. Fox may have some), but it isn't impossible.

Really depends on how much money he wants to spend to annoy Elon Musk.

[quote] ^^^ Are used to refer to the post above.

But you have no idea what the post above it is going to be by the time you hit post and it gets posted. So it's not a useful way of referring to whatever post you may be referencing.

The more homework I do R15, makes me wonder why you posted that. The market cap of FOX is $17.6B.

Not really that big in the grand scheme of things. Disney is $167B. Paramount (which is, let's face it, the poor step-child at this point) is $7.4B.

Comcast (NBC/Universal) is $153B.

R19. You worry more than my mother, and that’s a shit ton of worry.

^^^I'm not at all worried, I'm just pointing out that no one knows what you are referring to.

[quote]Yes, on paper. I’m thinking is liquidity is not so liquid.

If you are über-wealthy, liquidity is not an issue.

R23 exactly.

Elon hit back

[quote]The left doesn't like free speech. That's why.

And the right does, Svetlana?

I've never heard of Mark Cuban as I'm not American...but...I listened to Brian Tyler Cohen interview him. He seems okay, especially his Cost Plus Drug company. Does anybody on here you his service and are the prices good? TIA.

Yes, I use CostPlus after my local pharmacy stopped using GoodRx. It’s easy to use and efficient, worthwhile if it covers your medication.

Please change the name back to "Twitter."

Rupert and Lachlan Murdoch will never sell Fox, whatever the price, because of the power and influence it gives them.

[quote]Being a CEO/owner of a social media platform brings LOTS of attention, and Musk does not need or want that attention IMHO.

Are you joking? He only bought Twitter because he wanted attention. (It certainly wasn't because he cares about free speech. He only cares about free speech for right-wingers.)

During “free speech absolutist” Musk’s reign I got perma banned.

Unblock me, Mark Cuban. You’re my only hope.

Mark Cuban seems everywhere now. Could he be thinking of following Trump’s path from reality tv to politics?

Owning Twitter was never intended to be a profitable transactions.

Even though he spent $44 billion, he's obtained control of the dominant social media platform - and thus opinion influencing platform - in the world.

Even if he lost his entire "investment" in Twitter, it would merely drop him from being the richest person in the world by 20% to... being the richest person in the world.