Elonnnnnnnnnnnnn!
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3.9 • 1.1K Ratings
🗓️ 15 April 2022
⏱️ 20 minutes
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Summary
Is Musk's bid to take Twitter private a genuine attempt to mold the social network in his image? Or is he just going to have some fun, make some money, and walk away?
Guest: Felix Salmon, host of Slate Money and chief financial correspondent for Axios
Host: Lizzie O'Leary
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | On Thursday, I got up early, I made muffins for my son, had a couple cups of coffee, and |
| 0:10.0 | I was having a quiet domestic morning. |
| 0:13.5 | And then, at 7.23 a.m., Elon Musk tweeted, it was one line, no punctuation even. |
| 0:21.6 | It said, I made an offer, and there was a link to the securities filing where Musk proposed |
| 0:27.2 | buying Twitter and taking it private. |
| 0:29.9 | So I scrapped the workday I had planned, and got Felix Salmon on the line. |
| 0:34.3 | Felix is the host of Slate Money, and he's the chief financial correspondent at Axios. |
| 0:39.4 | Hello, Felix Salmon. |
| 0:41.4 | Good morning, Lizzie O'Leary. |
| 0:43.1 | Welcome to all Elon all the time. |
| 0:46.2 | We thought we could get away from him, but we were wrong. |
| 0:51.7 | Our show last Friday was all about Elon Musk buying a roughly 9% stake in Twitter, and |
| 0:57.3 | maybe joining the company's board. |
| 1:00.1 | After that show aired, Twitter CEO Paragograwhal announced in a note to his employees that |
| 1:05.2 | no, Musk would not be joining the board after all. |
| 1:08.9 | The note ended by saying, there will be distractions ahead, but our goals and priorities remain unchanged. |
| 1:16.5 | This is the worst case distraction for Paragograwhal and anyone trying to concentrate on doing |
| 1:23.3 | their jobs at Twitter, because this is the mother of all distractions. |
| 1:28.8 | I admit at the time I was skeptical of the scenario of Elon Musk attempting to buy the |
| 1:34.3 | whole company, you were not. |
| 1:38.2 | You said something very prescient last week, which was, everyone knows that if Elon wants |
| 1:43.0 | 9.2% of Twitter, what he really wants is 100% of Twitter. |
... |
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