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VOICE ARCHIVE

Robert Frank

@robtfrank
9 posts
2022-05-14
So @elonmusk would walk away from Twitter with $8.4 billion in cash, after selling his $TSLA shares. Even if he pays the $1B breakup fee, it's $7.4B in tax-free cash, since he likely sold the stock purchased through options last year. https://twitter.com/...
2022-05-14 View on X
Bloomberg

By tweeting that his Twitter deal is “on hold”, Musk yet again commits “lite securities fraud” while laying the groundwork to walk away or renegotiate the price

Musk's Deal On Hold Politique Republic : Elon Musk is Paying Too Much for Twitter Chandraveer Mathur / iPhone Hacks : Elon Musk Says the $44 Billion Twitter Deal Is ‘on Hold’ Owen ...

So @elonmusk would walk away from Twitter with $8.4 billion in cash, after selling his $TSLA shares. Even if he pays the $1B breakup fee, it's $7.4B in tax-free cash, since he likely sold the stock purchased through options last year. https://twitter.com/...
2022-05-14 View on X
Reuters

Elon Musk says his Twitter deal is “temporarily on hold” till a review of “spam/fake accounts”, but is “still committed to acquisition”; stock closes down 9.67%

Elon Musk said on Friday his $44-billion deal for Twitter Inc (TWTR.N) was temporarily on hold … Source: @elonmusk and @elonmusk .

2022-05-13
So @elonmusk would walk away from Twitter with $8.4 billion in cash, after selling his $TSLA shares. Even if he pays the $1B breakup fee, it's $7.4B in tax-free cash, since he likely sold the stock purchased through options last year. https://twitter.com/...
2022-05-13 View on X
Reuters

Elon Musk says his Twitter deal is “temporarily on hold” pending a review of “spam/fake accounts”, but he is “still committed to acquisition”; stock drops 5%+

Elon Musk said on Friday his $44-billion deal for Twitter Inc (TWTR.N) was temporarily on hold … Source: @elonmusk and @elonmusk .

2022-05-03
The challenge for @elonmusk buying Twitter has always been how to fund the $21 billion in cash. He can't sell enough $TSLA shares and even with last week's sales he's $10-$12B short. And he's already borrowed against the shares. https://www.reuters.com/...
2022-05-03 View on X
Reuters

Sources: Elon Musk asked investment firms and wealthy individuals for more Twitter financing and investors like Jack Dorsey to roll their stakes into the deal

> The flawed math behind Elon Musk's Twitter deal https://www.washingtonpost.com/ ... Jake Bernstein / @jake_bernstein : It's hard to imagine a megadeal that better captures the ab...

The challenge for @elonmusk buying Twitter has always been how to fund the $21 billion in cash. He can't sell enough $TSLA shares and even with last week's sales he's $10-$12B short. And he's already borrowed against the shares. https://www.reuters.com/...
2022-05-03 View on X
Bloomberg

By accepting Musk's bid, Twitter's board showed they care more about shareholders than Twitter as a company or as a product

I'm sorry but more Twitter  —  You can tell a simple story about Elon Musk's pending acquisition of Twitter Inc. that goes like this.  Musk offered Twitter $54.20 per share in cash...

2022-04-30
Elon Musk will have the largest stock debt of any CEO after Twitter. The details... https://www.cnbc.com/...
2022-04-30 View on X
Wall Street Journal

Sources: PayPal Mafia members, Jack Dorsey, and others who disliked Twitter's direction pushed Musk to launch a bid; Musk is dismayed that Trump is still banned

Behind the scenes, fellow billionaires and internet provocateurs bent Tesla CEO's ear; Jack Dorsey's role  —  Elon Musk unveils the Tesla Model Y in 2019.

Elon Musk will have the largest stock debt of any CEO after Twitter. The details... https://www.cnbc.com/...
2022-04-30 View on X
CNBC

Filings: Elon Musk sold ~$8.4B worth of Tesla stock in the days after his bid to take Twitter private; on Thursday, Musk tweeted “No further TSLA sales planned”

it's going to be hilarious watching Elon ruin Twitter and lose billions in the process https://twitter.com/... Johan Moreno / @dudejohan : I never believed Elon when he said “he do...

2021-03-14
My interview with the partner of @MetaKovan , who bought the $69 million Beeple NFT. https://www.cnbc.com/...
2021-03-14 View on X
Bloomberg

MetaKovan, an anonymous digital asset investor and founder of NFT focused crypto-based investment fund Metapurse, is the buyer of the $69M Beeple NFT

Sort Of Eileen Kinsella / Artnet News : ‘This Is Going to Be a Billion-Dollar Piece Someday’: The Buyer of the $69 Million Beeple NFT on Why It's the Greatest Artwork in a Generati...

2021-03-13
My interview with the partner of @MetaKovan , who bought the $69 million Beeple NFT. https://www.cnbc.com/...
2021-03-13 View on X
Bloomberg

MetaKovan, an anonymous digital asset investor and founder of NFT focused crypto-based investment fund Metapurse, is the buyer of the $69M Beeple NFT

A digital asset investor who goes by the handle Metakovan and refuses to give his full name, announced that he is the buyer …