Thanks. Yes, we’ll see what happens. I wouldn’t trust anything until the company releases actual user and revenue numbers.
]]>Thanks. Yeah, I’m a little skeptical of what Twitter will look like as a public company once again unless Elon continues to own a large stake in it (and it seems like he’s doing this for his own amusement).
On the other hand, I’ve been wrong about Tesla repeatedly and missed out on the huge gains there, so maybe he defies all logic and analysis.
]]>Of course it does not look like Elon will look to exit in a few years for a traditional IRR target. If the company IPOs again, it will likely go back to woke censorship in a matter of years. It seems like Elon is more motivated by his societal goal, which explains and for him justifies how unorthodox the underwriting looks.
To me, this looks like a huge gamble that may not be worth its very commendable objective. With Tesla as collateral, the downside seems huge for Elon. But as Kanye put it, name one genius that ain’t crazy.
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