So let’s understand this point about manipulation. So in the past, Elon Musk unintentionally or unknowingly, unintentionally and unknowingly is the word for today’s difference. Tell me, what does this mean?
So inadvertently or unintentionally, Elon Musk transfers various investment instruments. Let me give you some examples here.
Elon Musk’s Influence using Twitter
Previously he was able to transfer up to 20% of bitcoins. Then later he said that, you know, Tesla is not going to accept bitcoin. Then the price of bitcoin came down. This is how he technically manipulated bitcoin.
Now, many of you will say that I said, you know what, crypto is easy to manipulate. Everyone keeps manipulating crypto. This is the Waldemort device. This he Ok. So let me also show you some stocks that he was able to manipulate. So there was a stock called Game Stop and it tweeted Game Stock. That’s it. So that’s what he said. Game Stock and GameStop stock rose. So it is again, market manipulation from that point of view. Then within a few hours, he again manipulated a stock called Etsy. Then that stock rose again. Now recently, he has manipulated Dodge coins, et cetera, by posting pictures of cute little dogs.
SEC’s Restriction on Elon Musk’s Twits
The bottom line is that Elon Musk’s social media presence has become so powerful that he has been able to sell Tesla via social media. He is capable of manipulating the markets through social media. This includes both the crypto market and the stock market. In fact, the situation has become so problematic that the Securities and Exchange Commission, for example, in India, we have SEBI, in the US, we have the SEC, the Securities and Exchange Commission. It has come out and it has slapped the risk of Elon Musk saying that, you know, you guys need to pay the fine. So that’s the whole part about it. And going forward, Elon Musk requires permission from the SEC to create certain types of Twitter posts. So that’s troubling Elon Musk to some extent.
But the situation is that over time, Elon Musk has become such a powerful personal brand that he has been able to move the stock market, crypto market, and even the EV market through his own tweets. Therefore, the Securities and Exchange Commission may have put some full-time high on monitoring the Elon Twitter account, which must be a fun task. Now, the facts that I have shared with you may hurt you a little. Then you know what? Elon Musk is a capitalist. He is capable of manipulating the market. That’s not doing well for Twitter. He is working in his own interest. Maybe not. I will give you my final verdict on this later in the article. But you also need to understand the third reason why people like Elon Musk or Elon Musk are trying to gain control of Twitter.
Why people are trying to gain control of Twitter
According to him, these are the real reasons. So I am presenting his side of the story as well. So what they’re saying is, that Twitter has a lot of unlock potential. It is currently a public company. There are too many regulators sitting at the head of Twitter. Also, there is no development happening on Twitter. So if Elon Musk buys it, he will move it from a listed company to an unlisted company and unlock that company’s potential and add value. So that’s a major reason why Elon Musk is interested in acquiring Twitter.
The other major reason why Elon Musk is so interested in acquiring Twitter for genuine reasons is that he wants to protect free speech. In the past, Twitter has kicked people out of its platform. Elon Musk wants to gain control of Twitter and make the platform more democratic. This is just one part of the equation. For many years people have wanted an edit button on Twitter. Actually, the shareholders themselves want the edit button on Twitter. But Twitter is not allowing it. It is against the centralization of all power. So Elon Musk also wants to fight such battles.
Now comes the third and final reason, which has been echoed even by Jack Dorsey. That Twitter board is highly incompetent. It is plain and simple. So this is the view that both Jack Dorsey and Elon Musk have echoed. According to him, initially, the Twitter board does not have a lot of Twitter. Jack Dorsey was there, but he has resigned from the board. So the total share of Twitter by the board itself, which is Twitter’s most prominent apex body, has now come down because the board members themselves have no skin in the game, why are they advising how to run Twitter? should go? This is the simple point of view put forward by Jack Dorsey and Elon Musk. So the fight is going on between different parties. On one hand, we have Elon Musk trying to acquire Twitter for various reasons. On the other hand, as I explained, we have the Twitter board and Parag Agarwal, who is the CEO of Twitter. They are trying to control or maintain control over Twitter. What’s going to happen next? No one can say for sure. But now it’s very likely that Elon Musk will be able to take control of Twitter as he has already created a syndicate, there is a short article I did on the same topic where I explained how Elon Musk would build a syndicate Take over Twitter and that’s exactly what happened.
So going forward, my point of view is that there is a great chance that Elon Musk is going to take control of Twitter.
Is this good news? Is that bad news? Should I become a holder in Twitter or not? Is this a great swing trading opportunity? My bet would be Yes.
Is this a buying advice for you? No. Please listen and please watch the next part of this article. Is this an investment advice? The answer is absolutely No. These work as per your understanding, but for me, this will be a bit of a swing trading opportunity and I will explain to you why. Also, for this, you need to understand what Elon Musk is like as a human being. If you study his interviews, if you read his book, if you read his biography, it’s a set of understandings that you will get what kind of ideas are put into action. So let me explain this approach and simple points.
1. Elon Musk is one of the richest and smartest people on earth.
We would all agree to this. This is a simple fact. The related point here is that many people call it that. He is not. He is probably manipulating bitcoin so that he can sell it tomorrow and spend time in the Bahamas. No, he is not manipulating bitcoin because of this. He is not manipulating the shares because of this. Engaging in such practices makes little money that could potentially be treated as criminal activity and land him behind bars. He is not doing this intentionally. The risk-reward equation doesn’t make sense for him.
2. Elon Musk is a big thinker and his actions tell us the same.
So I’ll put together some snippets from their resumes that I found online that was great fun. So I’ll put some excerpts here. But look at what kind of companies they have started. So he started PayPal and he sold it to PayPal to start Tesla and SpaceX, which are ambitious bold ideas. No one was experimenting in the EV space. He came in, built Tesla, and grew it to make it one of the top companies in America right now. SpaceX has become one of the most innovative companies on Earth when it comes to space travel and building spacecraft. In fact, they are working closely with NASA. How great has SpaceX gotten over time.
If you look at another company called The Boring Company, what it does is that it improves mobility by building tunnels and building like a hyperloop network. So all they’re doing is improving the speed at which people can get from point A to point B. Then comes the last company called Neuralink that does this in that it uses artificial intelligence machine learning to synchronize human elements. So I’m thinking in my head about what the machines are thinking and it’s trying to bridge that gap. Now it has a lot of applications, especially in the field of healthcare where robotics or humanoids can treat patients. These are powerful, humanity-changing ideas and these super bold things that no one else has dared to do for a very long time that Elon Musk has been executing quite successfully. He is not a market manipulator as per my understanding, I could be wrong, no doubt about it.
The way I see the Twitter story going, Elon Musk is probably doing this to build his political cloud so that he can use that political platform to push existing ideas that he already has. are working and will be able to achieve those goals. Very quick deadline if he has a bit more political control over the narrative. is it good? is that bad?
Tell me in the comment box what you should do as an investor if you want to swing it? There’s a very good chance that this stock could actually make money because there’s a lot of value that will be unlocked if Elon Musk gets to grips with Twitter and takes the company private. how accurate? Because running a public company, any publicly listed company involves a lot of expenses so those expenses will go away to a great extent. Elon Musk is very skilled, no doubt about it. So he will have control, some vision. There are a lot of synergies that it can explore between Twitter and other sets of businesses, so the opportunities become endless in terms of unlocking and the true potential of Twitter.
Tell me, how did you find the article, and what is your thought process about the same. thank you very much and I will see you next time.