this post was submitted on 05 Dec 2024
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Showerthoughts

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Showerthought after reading about Trump and Tiktok. Bet you Elon advises Trump to force the spinoff so that he can buy it.

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[–] KiwiFlavor@lemmy.blahaj.zone 28 points 3 weeks ago (3 children)

If it did happen, could Elon afford it? Surely TikTok is much more valuable than Twitter, right? Musk could barely scrounge enough backing and had to put up his Tesla shares as collateral to get enough cash for the Twitter purchase.

[–] Death_Equity@lemmy.world 22 points 3 weeks ago (1 children)

The question isn't about affording it, the questions is why China would give up such a valuable Intel gathering and propaganda tool? They wouldn't sell it for all the tea in China.

[–] KiwiFlavor@lemmy.blahaj.zone 19 points 3 weeks ago (2 children)

They'd give it up because the U.S. Government would force them to. That's what OP is talking about

[–] bizarroland@fedia.io 20 points 3 weeks ago (1 children)

They've already said they would shut down operations in America rather than sell.

[–] themurphy@lemmy.ml 10 points 3 weeks ago

And hopefully they'll do that. The shit you can find on Twitter is alot more sick than TikTok, and you can be sure Elon would make it the same shitshow.

[–] Moonrise2473@feddit.it 4 points 3 weeks ago

Aren't they "silently" migrating to a different but identical app called lemonade or something like that?

[–] adarza@lemmy.ca 7 points 3 weeks ago

he and tesla have substantial crypto holdings; pump that shit some more and he'll be able to buy it with funny money.

[–] Lost_My_Mind@lemmy.world 1 points 3 weeks ago (1 children)

TikTok in 2024 being more valueable than Twitter in 2022??? Are you high?

[–] KiwiFlavor@lemmy.blahaj.zone 5 points 3 weeks ago

Often, yes.

Musk purchased Twitter in 2022 for 44 billion, and he was overpaying. For TikTok's American component, its price could be $100 billion, according to BBC and CBS or even $180 billion according to the Financial Times. Although a forced sale would definitely decrease the value (and that value includes TikTok's proprietary algorithms which aren't a given) it is definitely worth more than Twitter, even 2022 Twitter