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The Ben Shapiro Show

Ep. 1494 - Will Musk Back Out Of The Twitter Deal?

The Ben Shapiro Show

The Daily Wire

News Commentary, News

4.4152.4K Ratings

🗓️ 13 May 2022

⏱️ 48 minutes

🧾️ Download transcript

Summary

Elon Musk puts his Twitter deal on hold as he examines how many accounts are fake; as baby formula shortages wrack the nation, the White House has other priorities; and the media try to pressure corporations to do their pro-abortion dirty work. The Daily Wire will take a wrecking ball to all the lies the abortion industry is built upon. Become a member and tune in to our documentary on abortion “Choosing Death: The Legacy of Roe”: https://utm.io/uezgd  Okay, this is epic. Get Ben Shapiro merch here: https://utm.io/uedoS. — Today’s Sponsors: Protect your online privacy with ExpressVPN. Visit EXPRESSVPN.com/BEN for 3 Months FREE. With thousands of satisfied customers and an A+ rating with the Better Business Bureau, Birch Gold can help you protect your savings. Text BEN to 989898 for your no-cost, no-obligation, FREE information kit. Download the FREE Upside app with promo code SHAPIRO and earn 25¢ or more CASH BACK on your first tank. The Jordan Harbinger Show features in-depth interviews with some of the world’s most fascinating minds — from athletes, authors and scientists to mobsters, spies and hostage negotiators. Search for "The Jordan Harbinger Show" wherever you listen to podcasts! Policygenius is your one-stop shop to find the insurance you need at the right price. Head to policygenius.com/SHAPIROHOME to get your free home insurance quotes and see how much you could save. Learn more about your ad choices. Visit podcastchoices.com/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Elon Musk puts his Twitter deal on hold as he examines how many accounts are fake.

0:04.6

As baby formula shortages rack the nation, the White House has other priorities,

0:07.8

and the media try to pressure corporations to do their pro-abortion dirty work.

0:11.2

I'm Ben Shapiro. This is The Ben Shapiro Show.

0:18.9

The Ben Shapiro show is sponsored by ExpressVPN. Protect your online privacy today at ExpressVPN.com slash Ben. Well, the economic news is all a mess. This is just one reason why you might want to think about diversifying into some precious metals. If you had done this when I told you to do this, you know, like months and months and years ago, you'd be doing great right now. The Fed is realizing the dire

0:37.5

straits our economy is in thanks to our loose monetary policy. Apparently, you can't just spend trillions of dollars every year with no actual repercussions. Now, to play catch-up, the Fed has to raise the interest rates, and they plan to do so seven times this year, minimum. You're already starting to see those ripple effects in the housing market as people's buying power diminishes because those interest rates are rising dramatically.

0:53.8

Have you considered what could happen in the stock market if our economy stalls out?

0:56.6

You're already starting to see the economy tumble and the stock market tumble as well. Do not wait until that happens. Take some of your profits from the stock market now, solidify them with gold through birch gold. Throughout history, gold has maintained its value better than any other investment in the world. Text Ben to 98-98-98 for a free zero-obligation information kit on holding gold in a tax-sheltered retirement account. Again, text Ben to 98-98-98-secure the gains you've made while you can. I'm a customer of Birch Gold, along with thousands of others, have been recommending Birch Gold for years. They've got countless five-star reviews, A-plus rating with a better business bureau. I trust the people at Birch Gold. Text Ben to 98-98-98-protect your future with gold.

1:30.8

Well, in breaking news overnight, Elon Musk is apparently considering whether or not to go forward with his Twitter deal. The reason for this is because apparently there is some sort of investigation going on into just how many accounts over at Twitter are fake, whether, in fact, a lot of their stats have been falsified for years about how many users they actually have. According to the Wall Street Journal, Elon Musk is still committed to acquisition. He said this earlier this morning, but that came after a lot of speculation as to whether he's going to pull out of the deal. Elon Musk said his deal to buy Twitter was on hold pending details on the amount of fake accounts on the social media platform, raising questions

2:03.7

about the acquisition and sending shares of the messaging service down in pre-market trading,

2:07.4

which again shows you that Elon Musk now has the power to basically destroy Twitter if he

2:11.6

doesn't buy it. It's either Musk acquires it or the stock is going to take a significant hit

2:16.5

because it's pretty obvious.

2:17.7

The reason he would not buy it is because that company has not much going for.

2:21.2

Musk said from his verified Twitter account, Twitter deal temporarily on hold pending

2:24.4

details supporting calculation that spam fake accounts to indeed represent less than 5% of users.

2:29.9

Twitter shares were recently trading at 3845 in pre-market trading that's down 15% well below the 54-20-s share

2:35.4

where $44 billion must agree to pay for the company last month.

2:38.7

The tweet comes as many big stocks have been falling on Wall Street, including shares of Tesla,

2:42.6

which were down 29% over the last month.

2:46.5

The Wall Street Journal was suggesting that Musk might be using Twitter's recent disclosure

2:49.9

as a means to get out of or to renegotiate the deal, especially because, again, he promised $44 billion, and that was a share price that is way above what market price is right now for the shares.

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