Mark Cuban is clearly not a fan of Elon Musk.
He writes on Twitter today about Musk’s offer to buy the platform:
My conclusion, @elonmusk is fucking with the SEC. His filing w/the SEC allows him to say he wants to take a company private for $54.20 Vs his “Am considering taking Tesla private at $420. Funding secured” Price go up. His shares get sold. Profit is [up]. SEC like WTF just happened. “
“Every major tech company , Google, fb, et al is on the phone with their anti trust lawyers asking if they can buy Twitter and get it approved. And Twitter is on the phone with their lawyers asking which can be their white knight. Gonna be interesting …”
The billionaire entrepreneur, sports team owner and “Shark” on “Shark Tank” didn’t mince words about Musk. He added:
“Elon may have started this, but his threat to sell his shares ,if twitter says no, opened the door for those tech giants to walk in for relatively “little” money and grab huge influence at Twitter or possibly a direct path to acquisition. Elon will smile all the way to the bank …
I think Twitter will do everything possible not to sell the company. They will try to get a friendly to come in and buy Elon’s shares and get him out …”
Cuban’s best comment?
“Want to see the whole world lose their shit ? Get Peter Thiel to partner with Elon and raise the bid for Twitter”