Showerthought after reading about Trump and Tiktok. Bet you Elon advises Trump to force the spinoff so that he can buy it.

  • KiwiFlavor
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    287 days ago

    If it did happen, could Elon afford it? Surely TikTok is much more valuable than Twitter, right? Musk could barely scrounge enough backing and had to put up his Tesla shares as collateral to get enough cash for the Twitter purchase.

      • KiwiFlavor
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        57 days ago

        Often, yes.

        Musk purchased Twitter in 2022 for 44 billion, and he was overpaying. For TikTok’s American component, its price could be $100 billion, according to BBC and CBS or even $180 billion according to the Financial Times. Although a forced sale would definitely decrease the value (and that value includes TikTok’s proprietary algorithms which aren’t a given) it is definitely worth more than Twitter, even 2022 Twitter

    • @Death_Equity@lemmy.world
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      227 days ago

      The question isn’t about affording it, the questions is why China would give up such a valuable Intel gathering and propaganda tool? They wouldn’t sell it for all the tea in China.

      • KiwiFlavor
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        197 days ago

        They’d give it up because the U.S. Government would force them to. That’s what OP is talking about

        • bizarroland
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          207 days ago

          They’ve already said they would shut down operations in America rather than sell.

          • @themurphy@lemmy.ml
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            107 days ago

            And hopefully they’ll do that. The shit you can find on Twitter is alot more sick than TikTok, and you can be sure Elon would make it the same shitshow.

    • @adarza@lemmy.ca
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      77 days ago

      he and tesla have substantial crypto holdings; pump that shit some more and he’ll be able to buy it with funny money.

  • tate
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    97 days ago

    You may have had this thought in the shower, but I don’t think that’s what this community is actually about.

    • @Lost_My_Mind@lemmy.world
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      27 days ago

      Back in 2006 I had a website for a comedy project I was working on at the time. I had a menu on the side of the page. The menu was a whiskey bottle. Each of the links was 2 images. When you didn’t hover your mouse over it, it was a tan background with a black text (to immitate the look of a Jack Danials bottle), but when you hovered over any text, the black text turned blue. So signify “you’re highlighting this option”.

      I needed some text with limited amount of space to link to socialmedia.htm All the page did was link to the facebook, the myspace, and the twitter of the group. So I did the best logical thing. I made the text say “MyTwitFace”. Which still makes me laugh, although it no longer makes sense.

    • Tiefling IRL
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      7 days ago

      Lets be real, it’ll be named Y and tied to some BS about the Y chromosome