Elon Musk is buying Twitter. Really. (Really?)

Channels with Peter Kafka

Vox Media Podcast Network

Technology, Tv & Film, Business News, News

4.4 • 585 Ratings

🗓️ 5 October 2022

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

He’s back! Elon Musk, who agreed to buy Twitter for $44 billion last spring and then tried to back out of the deal, says he wants to buy Twitter for $44 billion, after all. That doesn’t mean it will actually happen - because, Elon Musk - but maybe it’s real this time. Maybe. So how did we get here and what happens next and what have we learned about Elon Musk over the last few months? Recode’s Peter Kafka talks to two Twitter pros: Jason Goldman, the company’s first product VP, who says a Musk-owned Twitter is the worst-case scenario; and the Atlantic’s Charlie Warzel, who dove deep into Musk’s texts to learn more about Musk’s inner circle, and the way they think. Featuring: Jason Goldman (@goldman), Host of DunePod and Former Product VP at Twitter Charlie Warzel (@cwarzel), Contributing writer to The Atlantic Host: Peter Kafka (@pkafka), Senior Editor at Recode More to explore: Subscribe for free to Recode Media, Peter Kafka, one of the media industry's most acclaimed reporters, talks to business titans, journalists, comedians, and more to get their take on today's media landscape. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:59.2	slash voxpod welcome to recode media with peter kofka that is me and i'm coming to
1:09.4	earlier than usual this week because well you know and I'm coming to you earlier than usual this week because,
1:12.1	well, you know why I'm coming to you earlier this week. But for the record, Elon Musk, who was
1:17.1	going to buy Twitter for $44 billion last spring and then said he wasn't going to buy it and then
1:21.8	got sued by Twitter and was headed to a trial this month, has now decided that he wants to
1:26.2	buy Twitter for $44 billion.
1:28.3	After all, I'm recording this the evening of October 4th, so depending on when you listen to this,
1:33.0	things could change because Elon Musk, but at the moment, here's where things stand.
1:37.8	Musk has sent Twitter a letter saying, hey, that deal I signed back in April, I'm totally
1:42.2	serious about going through it. I just ignore everything I said
1:45.8	and did since I signed it. And then I also need you to stop suing me. And also I need all my
1:50.7	investors and lenders to give me the money they promised me back when the economy and the stock
1:55.3	market were not in the tank. Cool. And Twitter's response has been, yep, we totally expect you to buy this company
2:02.6	for $44 billion, just like the legally binding contract you signed said you would. So maybe
2:09.0	there's a deal. There are still wildcards. Twitter and Musk's lawyers need to reach an agreement
	...

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