Biden to CANCEL Elon's Purchase of Twitter!
FULL TRANSCRIPT
hey everyone me Kevin here boy oh boy if
Elon Musk knows how to play 4D chess we
could literally before our eyes be
seeing the unfolding of that 4D chess I
mean this is absolutely remarkable
because now there's talk about
potentially the United States government
the Biden Administration potentially
shutting down the Twitter deal and so
obviously this is leading Twitter shares
to have a little bit of pressure under
their stack uh Twitter shares right now
down only about four percent in
pre-market they were down about 16 so
some of that pain has gone away but it's
another stain in this potential deal
going through and in this video we're
going to talk about how could
potentially the government shut this
deal down but then we'll also talk about
is it possible that Elon Musk coaxed or
invited the government to potentially
shut this deal down because after all he
does a lot of maybe buy AI Twitter and
even though he's coming across as
wanting to buy Twitter and posting
tweets about how he's going to buy
Twitter how could he behind the scenes
actually be making it unappetizing for
the government to allow the steel to go
through maybe dragging this deal out to
April when Elon musk's financing finally
expires he's got about six months to go
before his financing expires and that is
his remaining contingency obviously
borrowing the government just completely
blocking this if this gets delayed until
April and Elon musk's financing
contingency expires the banks will
almost certainly walk away from this
deal for Elon Musk which the deal not
happening that is Elon buying a Twitter
not happening would probably be a good
thing for things like Tesla stock but
folks let's jump into some of the
details here so there is this committee
it's kind of like a secretive committee
called the committee on foreign
investment in the United States this is
a committee that it sometimes operates
under the cover of Darkness that is it's
not a surprise that Joe Biden came out
and the Biden Administration like oh we
had no idea they were potentially
investigating Twitter you know but then
again you know politics is such that on
one hand you're kind of like oh I had no
idea but on the other hand you kind of
ordered it that part doesn't so much
matter but this committee has been
responsible for blocking some of uh
Trump's doings Obama's doings uh
regarding Trump there's been a lot of
involvement regarding this committee and
a trump and China but more importantly
this is a committee that reviews
Acquisitions generally by uh or in the
United States by Foreign buyers to make
sure if they're legally possible and
after all the Twitter deal is
interesting because you've got a lot of
investors in it like binance who's owned
by a Chinese foreign National you've got
uh the PRI or the prince of us one of
the princes of Saudi Arabia I'm gonna
mess this up but I think it's
my best pronunciation attempt and you've
got the uh Sovereign wealth fund of
Qatar so you've got a lot of these
foreign organizations and institutions
and people involved in the Twitter deal
and so it makes sense that the committee
on foreign investment in the United
States would be involved but you wonder
if this committee is potentially being
weaponized to stall the deal
uh for some fear that the sweater deal
will have some form of National Security
risk now is it potentially possible that
this committee wasn't actually worried
about blocking Twitter until Elon the
Twitter deal until Elon Musk started
causing some controversy
over the last few weeks now I talked
about and summarized all of the
controversies going on with Elon Musk
and I'll put a little pin up here
somewhere for the prior video on exactly
this but one of the things to consider
is the summary Elon Musk has kind of
hinted at having talked to Putin now he
previously says that was only about
starlink but then he started running
polls that somewhat made some people
think that Elon Musk was using Putin and
Kremlin talking points which raises the
prospect of wait a minute what if elon's
compromise now I I don't I think a lot
of us don't think he actually is
compromised we don't actually think he's
a comrade but it raises the Specter of
such and Elon as the master 4D chess
player potentially knows hey if I start
getting myself involved on Twitter with
negotiating peace in Ukraine between
Ukraine and Russia
maybe the committee on foreign
investment in the United States will
start wondering oh maybe there is a
national security risk here oh but let's
talk National Security Elon Musk sued
the Department of State for the right
and the U.S Air Force for the right to
compete in the satellite airspace to get
starlink network bands uh you know
rather than only companies like Boeing
and Lockheed having the right to compete
so now starlink is out there and oh what
just happened with starlink oh Elon Musk
suggesting hey the Pentagon should cover
the cost of 20 million dollars per month
for servicing Star Lake in Ukraine now
we made a whole video on on thoughts on
this and details on this elon's decided
to ultimately cover the bill and there
are so many debates about hey he said he
was donating why is he now asking and
then Elon says well I was asked to ask
whatever that part doesn't matter what
you have to think of for the purposes of
this video here and this Twitter deal is
that think about it if Elon Musk wanted
the government to stop the Twitter deal
from happening what would he do and how
does that compare to what he is doing
well he would create the impression that
him owning Twitter as a national
security threat oh negotiating peace
with Russia hmm that's somewhat of a
national security threat turning
potentially turning off the
communication systems for Starling for
Ukraine that's a national security issue
here's another one the Washington Post
okay wait wait wait let me let me phrase
it this way another one what if Elon
Musk just goes in and fires everybody at
Twitter well gosh that would be a bad
look on the Biden Administration right
so National Security risk if you're
talking to Putin or talking about peace
with Putin National Security risk if
you're shutting off internet or taking
control of Internet threatening money
right like that's a risk and three if
you're threatening to cut a bunch of
jobs that's a risk and so one and two
have happened what's happened with
number three oh Washington Post all of a
sudden reporting that Elon Musk is
confidentially suggests testing he might
cut 75 percent of Twitter's Workforce in
a matter of months now
that might be necessary all of these
things could just happen to be part of
the plan anyway but boy oh boy if you
wanted to weasel your way out of this
deal
and or potentially just drag the deal
out to uh April when financing expires
why not potentially create this
slander right or or slanderous
opportunity right before no maybe it's
not even necessarily standard but this
opportunity to uh make yourself look
like a jobs villain right before an
election right before an election make
yourself look like the job's villain so
if the buying Administration lets Elon
Musk go through it's like here he goes
now he's just gonna fire 75 of Twitter's
Workforce Jordan's got a good amount of
employees I mean number of employees
let's see how Twitter has 7 500
employees okay that's a lot of people I
mean you take you take that and you fire
75 that's 5 625 people gone White Collar
jobs gone weed in the course member
livestream this morning looked at
obviously snap but we also looked at
American Express American Express
starting to take larger losses for
reserves because they're worried that
white-collar professionals are going to
start losing their jobs what this is
like such a U-turn from American Express
I mean they're probably not wrong but
it's a U-turn and it's a red flag okay
but think about the Ford 30 chess moves
that are happening here elon's trying to
run the clock so he's creating a
national security risk with this
potential negotiating with Putin this
potential shutting off starlink and this
potential laying off of a bunch of
people I have to say if Elon wanted out
of the this deal this is like literally
the perfect Playbook
for canceling this deal it's brilliant
now do I support it
he look he overpaid for the deal he
screwed up okay he's way overpaying for
the deal he knows that he's overpaying
by a factor of two to three for this
freaking deal okay he knows that look I
said that back in May uh actually before
may it was like back in March when this
was first talked about that's not a
surprise now we're beating a dead horse
to say though
but elon's been saying hey like it's
okay like I know I'm overpaying but I'll
make it worth more
but then he goes further I'll make it
worth more by maybe negotiating peace
with Russia or firing 5 600 people
doesn't actually make you think he
really wants this deal to go through
really interesting though to almost
weaponize the Biden Administration to
kill the deal now no guarantees the deal
could still go through the Stock's at 50
bucks instead of 54.20 it's actually not
that much of a discount so clearly the
market is not that worried about it
right now the Market's only pricing in a
7.4 uh chance or Arbitrage opportunity
here that's nothing so if you bought
Twitter today and the deal went through
you're up 7.4 that's not worth all the
crazy risks going up but I'll tell you
if Elon was trying to cancel the deal
this is Playbook how to do it this is
how to get what you want in America yeah
play the game and I'm not saying it's
the right thing to do
boy oh boy it's entertaining and get
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life check out the courses on building
your wealth link down below invest in
house hack if you're an accredited
investor get your money out of the
Twitter deal put it into house hack not
Financial advice or solicitation go to
househack.com to learn more because
there's a deadline coming up in 10 days
October 31st thanks for watching we'll
see in the next one bye
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