Latest / Elon Musk Podcast / What will happen when Elon Musk Buys Twitter + SpaceX News
Transcript
- 0:03So Elon Musk and Twitter have had some drama recently and
- 0:08there's been a sort of a Resurgence from Elan about
- 0:13buying Twitter right? First Ilan joined the board of
- 0:17Twitter then he said he's going to buy the company then he
- 0:21backed out then he's getting sued.
- 0:25Now he wants back in. He wants to revive the original
- 0:30offer to buy Twitter for about Forty four billion dollars, and
- 0:36it's not clear what's going to happen about this court case
- 0:41over this deal. But it seems that musk will
- 0:44eventually take control of the social media platform.
- 0:49So what might he do with Twitter?
- 0:51That's the question everyone's going to ask and why did he
- 0:55change his idea here? Why did he change his opinion on
- 0:58this? So it looks like there's a few
- 1:02things that we need to follow here.
- 1:04And one is that we've seen the judge kind of side with Twitter
- 1:09on this case. And it looks like they're
- 1:12showing that Elon Musk doesn't really have a way to win this.
- 1:17Muskan is lawyers, try to push. Multiple times for the trial to
- 1:21be pushed back even further, but now it's happening earlier than
- 1:26he expected and he wanted it earlier either next year or
- 1:32later this year. The judge kept saying, no, it's
- 1:36not possible. It's not a good idea.
- 1:38Let's not do this. Let's get this over with.
- 1:41So it seems like the timeline fits in well with sort of the
- 1:45judge siding with Twitter on this one and One of the things
- 1:49that comes out of this trial is a bunch of text messages.
- 1:54So Ilan has been communicating with different people within
- 1:57Twitter outside of Twitter, Jack, Dorsey, Etc.
- 2:01So it looks like Elon has been talking with a bunch of
- 2:04different people about a bunch of different things about this
- 2:06deal and that's also a reason why he may have backed out of
- 2:12this court case and this lawsuit against Twitter.
- 2:17And now he's back in, he's just I said, you know, they got me,
- 2:21I'm jumping back in. Here's all your money.
- 2:24Let's find a way to make this work.
- 2:27In the terms of the deal though, early, April Ilan showed up and
- 2:33he became the largest shareholder in the company said,
- 2:37hey you know what, we're going to give you a board on the seat
- 2:40of directors and then he said, yeah, I don't really want that.
- 2:44You know what I want? I want to buy the whole thing.
- 2:47He had a change of heart. And then he didn't really
- 2:52understand how many Bots were on the channel or on the platform.
- 2:55That's what he said is like look, there's only five percent
- 3:00as according to Twitter that there's five percent Bots that's
- 3:04it and Elon think sorta thought at that point that there are a
- 3:09lot more than that. So Twitter said you know what,
- 3:13let's not deal with this Ilan, backed out of the deal.
- 3:18Twitter sued him and said, hey here's all the evidence we have
- 3:22so the short version is he said I'm not going to deal with it as
- 3:27well. And I'm gonna buy the company
- 3:29eventually, so he knew what was kind of happening.
- 3:32And he had these texts with Jack Dorsey, they had phone calls,
- 3:36and it seemed like Dorsey was leading Elon into fixing the
- 3:41company. Not just buying the company and
- 3:45keeping it going the way that it is, but pushing it in the
- 3:48direction that Jack thought that Elon would be agreeing with.
- 3:54And it seemed that the best way to fix the company, would be to
- 3:57take it private because then you don't have to deal with outside
- 4:02influences, you don't have to buy time with stockholders and
- 4:06shareholders. You can just do your own thing,
- 4:09make your own decisions and if they fail, they fail.
- 4:11And if they don't well, you Really have anybody to answer
- 4:14to. So if to keep it company to keep
- 4:17the company private key, lime can do whatever he wants with
- 4:20it. And what are the things that
- 4:21he's been hinting at? And this would be a really big
- 4:26change in the future is if he took Twitter private and also
- 4:30added more to the platform. So one of the things that he
- 4:35suggested is something like we chat and we chant as a platform
- 4:39that they use mainly outside of the US, you can get it here.
- 4:43Here in the US. But mainly they use it for
- 4:45pretty much everything outside of the US.
- 4:49The you can do payments on their.
- 4:51There's a chat platform, you can send money to people, you can
- 4:56buy things, its e-commerce ready.
- 4:59It's a pretty powerful platform. And those are the things that
- 5:02Elon was hinting at, with his, with his chance with Jack Dorsey
- 5:07and other people. During the time that he was
- 5:11thinking about acquiring, It Ur. So, moving forward, you know, if
- 5:17you love goes through with this deal, if he doesn't back out
- 5:19again, people are saying that he's manipulating the stock as
- 5:21well. There's a few people that are
- 5:23saying. Hey if he does this, he's going
- 5:27to manipulate the stock even more.
- 5:30And he's going to profit from this.
- 5:33So he could say, you know what, I think I'm gonna back out again
- 5:37and then he's got to go to court again.
- 5:39But in the meantime, the Twitter stock is fluctuated and people
- 5:42have, you know, not really trusted Twitter and the
- 5:46shareholders just not happy with the overall outcome of it and of
- 5:50course, they want to sell it because they want to make their
- 5:52money. I mean wouldn't you want to make
- 5:55if you invested a bunch of money in something, wouldn't you want
- 5:57to make a bunch of money? Money back from it.
- 5:59Yeah, of course. That's why you buy the stock.
- 6:01And you also buy the stock sometimes, because you believe
- 6:06in, what's going to be happening with the company in the future.
- 6:08Now, Ilan has said repeated times that he believes in
- 6:14absolute Free Speech, which means everybody should be
- 6:18talking about anything they want anytime.
- 6:20They want wherever they want whenever they want, as long as
- 6:23it doesn't harm. Other people, right?
- 6:24So, as long as it doesn't, initially harm other people, or
- 6:27have the intent of harming other people.
- 6:29People who thinks it's a good idea to let them speak.
- 6:32Somebody that Elon was talking about was President Donald Trump
- 6:37and ex-president Donald Trump was on the platform for a while.
- 6:42Grew, huge, huge over the time. And also was kicked off the
- 6:47platform. Ilan would like to bring him
- 6:49back. He thinks that what Twitter did
- 6:52was, you know, outside of the scope of what he believes is,
- 6:56what Twitter is all about. And it's a It's a meeting place
- 7:01for people to discuss ideas. So, with this new platform that
- 7:05he's thinking about building with this, we chat platform,
- 7:09it's kind of everything, it's a bank, it's a communication
- 7:13platform, it's a forum for the public to voice their opinions.
- 7:20It's a, it's a place where you can have your family and
- 7:23friends, join you. And if those people that were
- 7:27banned before our unbanned and put back on the platform, some
- 7:31people said they're going to leave it, you know, of course.
- 7:33Course, you know, there's those times when something happens on
- 7:37every platform and everybody feels like they have to voice
- 7:40their opinion and say, hey, you know what, I'm sick at this and
- 7:43I am going to leave this platform.
- 7:46Now, the only people that are really important in that point
- 7:49are the users that have been there for a really long time.
- 7:52The people that believe in the platform and believe that
- 7:55something horrible is going to be happening to the platform.
- 7:59And the best way to do that is to wait and see, basically
- 8:03because you really never know you give it about six months and
- 8:07something drastic may have changed, you know, maybe people
- 8:11on board, the company, maybe a bunch of Engineers leave because
- 8:14they believed in the mission, you know, some people find a
- 8:17job, find a career at a company because they believe in the
- 8:21mission of the company and not just to get a paycheck, you
- 8:25know, there are a lot of people that do it just for the
- 8:27paycheck, of course. But the people that are in there
- 8:30for the mission, those are the people that may step away on
- 8:33there. Some very talented Engineers
- 8:36that may walk away from Twitter because of this.
- 8:39So you know and other people as well not just Engineers but
- 8:43people in general that are working at Twitter they could
- 8:46just be like you know we don't believe in elon's Vision we're
- 8:49all going to walk out. They could lose thousands of
- 8:52people over this who knows? But Elon also said you know what
- 8:56I'm not 100% down with the board of directors either.
- 9:00I don't believe in everything they stand for and he doesn't
- 9:03see eye to eye with a lot of them.
- 9:06So the future of Twitter is kind of in his hands, if this deal
- 9:11goes through and, you know, the, the court cases still looking
- 9:16like they have to go through it just to make sure that
- 9:20everything, you know, cross the t's and Dot the I's.
- 9:22But it looks like elon's got to be buying Twitter And please let
- 9:26me know what you think. Because I think it's a, it's
- 9:31kind of a catch-22 at this point.
- 9:33Who knows, what's going to be happening with Twitter, whose
- 9:35nose is going to be happening with Elon, and who knows what's
- 9:38going to be happening with the future of those employees that I
- 9:40was talking about a little bit earlier?
- 9:43Because those are the people once you leave.
- 9:46Once you lose those people, it's going to be harder to bring in
- 9:49other people on board people and teach them how the system works.
- 9:54Get them up to speed, get it up and running and then build
- 9:56something new. I think Ilan.
- 9:58This is a long game for ulong. You know, this could be
- 10:00something that the business plan isn't just communication because
- 10:07saying, before a banking platform, you know, how much
- 10:10money do banks make how much money do you.
- 10:13No decentralized, cryptocurrencies make
- 10:17Downstream. So say if you sell it in ft and
- 10:22everybody that buys that nft after the first nft was sold,
- 10:27you get a little chunk of that there could be something like
- 10:30that involved with Twitter as well.
- 10:31There could be some blockchain stuff going on so they could be
- 10:34the wild west or it could be a very Very controlled platform in
- 10:40the future and it could be maybe the next generation of
- 10:46communication on the Internet is far as Twitter goes because
- 10:49right now, Twitter is basically for news and ideas and if it
- 10:54becomes something else where you share digital currency, where
- 10:57you share digital Goods, the future of Twitter is kind of in
- 11:03the hands of Elon and his crew that he's going to probably hire
- 11:07too. He's going to bring in some very
- 11:10powerful and influential engineers and people to run the
- 11:14business because he knows what he's doing and he's had so many.
- 11:20So many successful companies SpaceX Tesla Etc in the past
- 11:24that you never know what he's going to be doing with the
- 11:27future of Twitter. So if you liked this episode
- 11:30please, please subscribe to the show if you enjoy stuff about
- 11:36Elon in Twitter. Please take a second and
- 11:41subscribe to the show because we do these things all the time.
- 11:44And if you're interested in Elon and SpaceX, we have a merch
- 11:48store, Starship shirts.com, where you can get all your
- 11:53Starship SpaceX and NASA type. The show is brought to you by
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- 14:03backblaze.com Ilan. Merch and it's only sixteen
- 14:09ninety nine per item. So, please take a second, check
- 14:12that stuff out. And speaking of SpaceX, and
- 14:15NASA, NASA, and SpaceX teamed up to send the crew 5 Mission to
- 14:20the International Space Station. They launch to the International
- 14:24Space Station at noon on Wednesday from launch complex.
- 14:2839a at NASA's. Kennedy Space Center in Florida
- 14:32and the international crew will serve as the fifth commercial
- 14:35crew rotation. Ian with SpaceX aboard the
- 14:39orbital laboratory. Now spacex's Falcon 9 had a
- 14:44dragon endurance spacecraft on top of it and it went to orbit
- 14:50and NASA. Astronauts to Coleman is the
- 14:52mission Commander, Joss Casada is the pilot jaxa, the Japan
- 14:57Aerospace, Exploration Agency, astronaut koichi wakata and the
- 15:02roscosmos cosmonaut anakena. Are also aboard the dragon and
- 15:08they'll serve as Mission specialist for their science
- 15:11expedition in microgravity aboard the International Space
- 15:15Station. Now, during this Mission, Bill
- 15:19Nelson, who's the NASA? Administrator said missions like
- 15:22crew five or proof. We are living through a golden
- 15:24era of commercial space. Exploration is a new era powered
- 15:28by the spirit of partnership fueled by scientific Integrity
- 15:32misfired by the Quest, for new discoveries and during their
- 15:34stay aboard, the International Space Station, crew five will
- 15:38conduct more than 200 science, experiments and Technology
- 15:42demonstrations which includes studies on printing human.
- 15:46Organs in space and better understanding heart disease.
- 15:49And then, while our eyes are focused upon the heavens, let us
- 15:54never forget. These missions will also better
- 15:56life on Earth. So think about this in the
- 16:00future. If we do have a spacefaring
- 16:04civilization and we do go to Mars, and something happens
- 16:08along in the way, save somebody needs a liver transplant, and
- 16:14these initial step. These are you That's a pretty
- 16:16far distance away from here. Like, we're not just going to
- 16:19learn about doing the printing of human organs in space on this
- 16:24trip. And then the next trip, we're
- 16:26going to be able to transplant people's brains.
- 16:28It's not going to be like that. It's going to take probably
- 16:31decades before we can actually do anything worthwhile in space
- 16:35as far as this goes, because we're just learning that
- 16:38technology on Earth. So taking that earth-based.
- 16:43Technology to space is one thing.
- 16:45But taking it get to further space, meaning to Something like
- 16:51the moon orbit, some place like Mars Jupiter, if we send people
- 16:55further, these are the initial first steps of making people
- 17:00multiplanetary. This is what Elon musk's initial
- 17:03mission was with SpaceX is to make life multiplanetary, you
- 17:07fears that someday something is going to happen.
- 17:10Whether it's you know an impact on Earth or who knows what could
- 17:16happen like a giant tsunami or nuclear war or something like
- 17:20that, we I need to get off this planet just in case something
- 17:23like that happens and these are the steps that will get us to
- 17:27that place. Now, SpaceX and NASA are working
- 17:30together. Right now, as I record this to
- 17:33dock the dragon spacecraft to the International, Space Station
- 17:37their docking, this autonomously and the space facing Port of the
- 17:40station's Harmony module, and that'll happen around 5:00 and
- 17:45NASA Television, you could watch it all there on reruns.
- 17:48So if you want to watch it which is pretty cool.
- 17:50It takes them. A couple hours for them to dock
- 17:52with the International Space Station, but it's pretty cool
- 17:54because they walk you through the whole process of docking a
- 17:58dragon spacecraft. Getting the people from inside
- 18:03the dragon spacecraft, into the space station and that's a
- 18:06pretty substantial process because they have to dock.
- 18:09They have to make sure that the seal is tight and they have to
- 18:11make sure that there's a soft seal.
- 18:12Then there's a hard seal. So the soft seal is basically
- 18:15the initial time that the Dragon capsule docked with the space
- 18:20station is like a small soft clamps.
- 18:22That make sure that the dragon stays in place, then they do a
- 18:25hard clamp and make sure that everything is secure very Cure
- 18:30before they open up the airlock and depressurize and get all the
- 18:35pressure at the same between the space station and the Dragon
- 18:39capsule. So the the mission going
- 18:44forward, there's 200 science missions.
- 18:46Like I said before. Now this is the six space s
- 18:50SpaceX flight with NASA astronauts though that's
- 18:53including the demo to Mission, remember that there was in 2022.
- 18:58This space station. So it hasn't been that long long
- 19:01since demo to, I was there for the demo to launch and it was
- 19:05amazing. It was pretty great crowd.
- 19:09Great atmosphere. People were pretty excited about
- 19:12it and I'm sorry I was there for the crew to Mission.
- 19:16I apologize, not the demo to Mission.
- 19:17So sometimes you get things a little bit wrong, the crew to
- 19:20Mission. Also a good Mission.
- 19:24Also a good Mission, but it was pretty spectacular in the crowd,
- 19:27was pretty amazing for it. Demo to though, Bob and Doug,
- 19:32they are the the Godfathers of This Crew so they were up their
- 19:41first demo to was in 2020. That's only a few years ago and
- 19:46now we're onto this is the sixth mission to the space station for
- 19:50SpaceX crew 59. They're going to spend several
- 19:54months aboard. The space station conducting new
- 19:56scientific research in areas such as cardiovascular health.
- 20:00Renting and fluid behavior in. Microgravity to prepare for
- 20:04human exploration, Beyond low earth orbit, and this will also
- 20:09benefit life on earth and the International Space Station is
- 20:13a. It's a critical critical piece
- 20:15of hardware for NASA in the partners to understand and
- 20:20maximize the unique attributes of the microgravity environment
- 20:24which means that someday we're going to be in microgravity.
- 20:28There's going to be a bunch of us out there people Thank you
- 20:31know, hundreds of people will be living and working in space at a
- 20:34time. Some people think there's going
- 20:36to be thousands. Ilan thinks there's going to be
- 20:38a million people on Mars at some point now is that during his
- 20:43lifetime probably not he's thinking a hundred years from
- 20:47now. There's going to be a million
- 20:48people on Mars and that's probably true in 100 years if we
- 20:53continue doing what we're doing now.
- 20:55And moving people forward. Now also we have some star the
- 21:00ship news Starship is continuing on track to be the first orbital
- 21:08super heavy. Super duper heavy rocket from
- 21:11SpaceX. Now the booster 7 it's in the
- 21:16testing phase again heading down to the launch pad again so it
- 21:20can continue testing of its Raptor, two engines, it's
- 21:24already tested, seven of them now.
- 21:26There's 33 Raptor ends that need to be tested when it heads back
- 21:30down to the Ed. There's a possibility that they
- 21:32do some spin Prime test, which basically think about this, they
- 21:38spin them up and Prime up ready to fire them up but they just
- 21:43don't fire him up, right? They get them ready to go, they
- 21:46just don't fire them up. So that's what a spin Prime test
- 21:49is. I believe there's going to be
- 21:50some more of those in the near future and then there's going to
- 21:53be a static fire. We don't know how many Raptors
- 21:56are going to static fire at a time.
- 21:58Seven was pretty brutal. Brutal to the area around
- 22:02Starbase. So we saw chunks of concrete
- 22:05flying, we saw all sorts of fire in the region.
- 22:10There is a huge brush fire that broke out wasn't extinguish
- 22:13until about midnight that night. So went on for about two or
- 22:17three hours. So if they go next test that
- 22:21could do 10 Raptor test, they could also do a 15 Raptor test
- 22:27kind of double the seven tests from before and then from 15
- 22:31maybe they'll do 16 or 15 or 16 and then maybe they'll double
- 22:36that to 30 ish but it seems like they're going to be doing baby
- 22:41steps and it's going to take a little while for them to get
- 22:43this done. Ilan thinks November.
- 22:46It's October right now. They have a whole month of
- 22:49testing ahead of them. Now this is the thing that you
- 22:53know Ilan has said numerous times numerous numerous times
- 22:57that they're going to be doing this you know, doing the testing
- 23:02for a month and then they're going to launch it.
- 23:05We have road closures on Friday, which is a weird date of do a
- 23:09road closure, October 7th, Ilan, and SpaceX kind of had a A deal
- 23:17in place with the local community there with a local
- 23:21government and they said yeah we're probably not going to test
- 23:24on Fridays most of the time because the beach we want the
- 23:27Beach open you know the local community wanted the Beach open
- 23:30because summertime for that beach.
- 23:32It's you know the locals love it there it's pretty good business
- 23:36for the area and the locals are used to having that Beach open
- 23:41for them on Friday but 8 a.m. to 4 p.m. on Friday.
- 23:44Day Monday, there's one from 10 or 8 a.m. to 8 p.m. it's the
- 23:4910th of October Tuesday, the 11th.
- 23:52Same thing 8:00 a.m. to 8:00 p.m. 8:00 a.m. to 8:00 p.m. on
- 23:55Wednesday as well possible closures.
- 23:57They were going to do on a Thursday and on Wednesday.
- 24:00The closure was canceled, the beach is open on Wednesday and
- 24:03Thursday of this week, the fifth and the sixth.
- 24:05So is that show that maybe Friday, they're going to keep
- 24:09the beaches open in the closure will cancel.
- 24:11We're gonna have to find out until Friday and If they do, the
- 24:16probably just going to get booster ready for upcoming
- 24:19tests, they could fill it up with some fuel, get it ready to
- 24:24go, but also, they could do spin Prime test and then figure out
- 24:30the next static fire in succession of the seven raptors
- 24:34from before, if you like this content, make sure to hit the
- 24:38Subscribe button. I'm just talking today.
- 24:41There's nothing rehearsed off-the-cuff.
- 24:43This is just me. Talking about these subjects and
- 24:47knowing what I know, and being in this industry, for about 45
- 24:50years, now, as an independent, as an independent, what would I
- 24:56even call myself? I'm a space reporter.
- 24:58First and foremost, Elon reporter as well.
- 25:01So you know what, I want to say thank you to everybody who's
- 25:04been supporting the show. If you made it this far through
- 25:07the show. That's that's it, man, thank
- 25:10you. I really do appreciate you.
- 25:12And if you've subscribed to the show, You are a champ so thank
- 25:19you. Thank you, thank you.
- 25:21That's been a last couple days. I've been on the road.
- 25:23I've been traveling. So if I seem a little bit out of
- 25:25it that's why I'm a little bit tired but I'm just going off
- 25:30here and talking about the stuff that I love.
- 25:32So again I appreciate your time and I appreciate you spending
- 25:37your time here with me. So take care of yourselves
- 25:40please. I take care of each other and
- 25:42make sure to check out Starship shirts.com.
- 25:45For all of your SpaceX and NASA and space related merch.
- 25:50Only sixteen ninety nine per piece of merch.
- 25:53It's pretty good deal. Alright guys, thanks so much.
- 25:45For all of your SpaceX and NASA and space related merch.
- 25:50Only sixteen ninety nine per piece of merch.
- 25:53It's pretty good deal. Alright guys, thanks so much.