Elon Musk Twitter deal

Billionaire Elon Musk wants to end his $44 billion deal to buy Twitter. This announcement via social media has sent the Twitter stock tumbling by more than 5 percent. When Musk first announced the deal, the stock went to over $50 a share and not trades in the mid $30s.

it’s a surprise to no one because Elon Musk has turned into what Donald Trump was to the 80’s and 90’s and this is exactly the kind of thing Trump would do. A raging narcissist who loves seeing himself in the news and even buy his way in to cameos on TV and movies, he’s always stirring things up and most people realize he’s a giant jerk and worse but for some reason he has a weird group of fans that love him and the media loves following him.

He’s absolutely going to run for president in the next 20 years too. Without a doubt in my mind. Musk used Twitter to get him in your mind. There’s no way he’ll be able to resist, the same way Trump wanted to be president but not actually be president.

Why Would Musk Do This?

1. Musk Quietly accumulate stake in Twitter against SEC regulations

2. Announce intention to purchase Twitter pumping up the stock price

3. Sell options on your stake and bank the premiums

4. Tank stock by pulling out of deal making the options unlikely to be exercised

5. Sell your stake off its all time highs but still at a profit vs what you quietly purchased them for.

Musk and Twitter Pump, Dump, Trump and Chump

Billionaires pump and dump on a totally different scale. This deal likely will net Musk billions from Twitter and also put him in the media spotlight to feed his ego. It is exactly the type of overly insane garbage that Americans eat up on the reality TV set. Its all fake folks. It is a game and a war to win your emotions, your loyalty and money.