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TRANSCRIPTEnglish

**Elon Musk DUMPING Twitter!!!**

5m 3s997 words135 segmentsEnglish

FULL TRANSCRIPT

0:00

hey everyone me Kevin here breaking news

0:01

Elon Musk has just disclosed to the Wall

0:04

Street Journal that he plans to take

0:06

Twitter public again via IPO in as

0:09

little as three years that means Elon

0:12

Musk believes he can turn Twitter around

0:14

make it better grow profits make it

0:17

substantially more profitable and get an

0:20

open source algorithm for the good of

0:22

humanity in just three years because you

0:26

probably wouldn't IPO before that and

0:28

that also begs the question of holy

0:31

smokers how can we keep our hands on

0:33

some Twitter shares because I wouldn't

0:35

be surprised if that IPO ends up at like

0:38

a 2 or 3x the valuation we've got today

0:40

given that we're a and a crappy poopy

0:43

doopy market right now and B we

0:45

hopefully won't be in three years and

0:48

see it's probably gonna turn the company

0:49

around and with that said we have an

0:52

idea in how potentially retail could

0:55

participate with Elon Musk It's actually

0:57

an idea we talked about this morning in

0:59

our live stream it's not idea that we

1:00

talked about on Twitter with Ross Gerber

1:03

who came up with the idea and folks here

1:06

it is Elon Musk replied to Ross Gerber

1:10

yesterday and said that hey what we you

1:13

know will we be able to keep our Twitter

1:15

stock and Elon Musk said we'll do our

1:17

best So to that Ross Garber replied we

1:20

need a tracking stock or a holding

1:23

company that's public we represent a

1:25

legion of Tesla investors that would

1:27

want to invest in Twitter with new

1:29

management and that's true like I would

1:31

love to invest in Twitter with new

1:33

management and I want to make this very

1:34

clear right now the upside for Twitter

1:37

is really Limited at 54.20 so if you're

1:41

buying a stock at fifty dollars your

1:43

upside's four bucks and 20 cents if the

1:45

deal goes through if the deal doesn't go

1:47

through then you could see it go all the

1:49

way back down to 35 36 bucks that's a

1:52

substantial decline maybe somewhere in

1:53

the neighborhood of 20 so you're risking

1:55

a 20 decline for or potentially even 30

1:58

decline depending uh for for maybe a 10

2:01

profit again deal doesn't go through

2:03

because the SEC or the FTC or the FCC or

2:06

whatever comes in and blocks this

2:08

because the Biden Administration forces

2:09

it then you get some big problems right

2:11

so the the upside has has the ceiling

2:14

but if Elon Musk lets individuals keep

2:17

some shares of Twitter then that ceiling

2:19

gets removed the problem is if you're

2:21

trying to take a company private usually

2:24

you're not going to want to exceed 2 000

2:26

shareholders so what did we talk about

2:29

yesterday which in my opinion could

2:32

actually be a huge Boon and I highly

2:34

recommend you retweet this if you

2:35

potentially want to even remotely see

2:37

this happen okay so here's what you do

2:39

so I tweeted this and I talked to Ross

2:41

about it after I tweeted it and Ross is

2:43

like we we got to figure out how to make

2:45

this happen because it's like perfect

2:46

for retail uh so I go you know what if

2:50

we partner slash make a retail holding

2:53

company so you make a shell Corp like a

2:54

C Corp uh for and then basically you buy

2:57

a large slice of Twitter Elon Musk would

3:01

really in that case just have one extra

3:02

shareholder you'd have the corporation

3:04

uh that would be an extra shareholder

3:06

that holding company could essentially

3:08

then represent 200 to 500 million

3:11

dollars worth of retail Capital you know

3:13

maybe you're like I want to put 20 grand

3:14

in I want to put 100 Grand in maybe

3:17

you're accredited maybe you're not right

3:18

and so what you do is uh first of all

3:21

you need somebody like to actually pay

3:23

all the freaking attorney costs and go

3:25

through the the you know three to nine

3:27

months of regulatory hell to do it but

3:28

anyway uh basically you you could you

3:30

could raise the fund as both reggae and

3:33

reg D so that way non-accredited

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investors can get in up to about 75 mil

3:37

which means you could put in you know

3:38

thousand bucks 500 bucks whatever uh and

3:41

and not and accredited investors could

3:44

get in as well via reg D now there are

3:46

no plans of this right so this is just

3:47

like theorizing right now but anyway

3:49

this is something that that we were just

3:51

thinking about you know whether it's

3:52

whether it's us who does it or somebody

3:54

else it doesn't really matter what

3:55

matters is that uh you know it sounds

3:57

like elon's interested in giving some

3:59

folks some opportunity to invest in

4:01

Twitter and a structure like that

4:02

probably something like that would be a

4:04

really good idea that way Elon has

4:07

limited shareholders but can still give

4:09

retail shareholders that sort of

4:11

exposure because here's the reality is I

4:13

think Elon Musk is getting a wedge deal

4:15

right I think he's buying Twitter kind

4:18

of overpaying for it the way it looks

4:21

right now because we see it as such a

4:23

fixer-upper but he knows he can fix it

4:25

up so inexpensively Cuts so many costs

4:27

that when it's done the market value of

4:29

Twitter will probably be 2x what it is

4:32

you know what what elon's paying for it

4:34

assuming the renovations go through the

4:36

way we expect so it's kind of kind of

4:38

very interesting uh so anyway feel free

4:40

to you know retweet that if that's

4:42

something you're interested in uh anyway

4:43

and no guarantees I mean freaking Elon

4:46

Musk doesn't never replies to any of my

4:48

tweets it is totally fine like I'm not

4:49

expecting that I deserve replies here

4:51

just like you know just saying you know

4:54

the the the the Elon replies could tend

4:57

to be a little sporadic and like all

4:58

over the place it's kind of entertaining

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