A feud has broken out between Elon Musk, Twitter’s most prominent user, and the Washington, DC, area’s most costly media organization.
An article released by Semafor, a news outlet created with much fanfare by former New York Times writer and Buzzfeed News chief Ben Smith, alleges that Musk bought Twitter using money stolen from bitcoin pioneer Sam Bankman-Fried. Although Semafor blamed Musk, three other people placed the responsibility back on him.
Liz Hoffman, business and finance editor at Semafor, has authored a book titled “Sam Bankman-Fried, Elon Musk, and a buried manuscript.” Since the famous Bankman is allegedly involved, many people view Fried’s exchange (FTX) as a billion-dollar Ponzi scam. Musk is claimed to have welcomed the company’s “downfall” with “gleeful” pleasure from other sources.
According to sources, Musk’s “bulls*** meter” went off when Bankman Fried made a promise during his $44 billion purchase of Twitter, and he eventually convinced SBF to invest as a result. On the other side, Musk has recently placed the blame for the SBF thefts on Semafor. The scientist and Musk have come to an agreement on this.
The new media outlet’s coverage of SBF and FTX has been met with both praise and criticism. Tesla’s CEO and company founder, Elon Musk, send out paychecks to workers through Twitter.
On Twitter, Musk recently made a claim that “SBF owns Semafor.” The quality of your reports will vary depending on your motivations for doing so. Some view access to any media, anytime one chooses, as crucial.
With its recent investment in Semafor, SBF is continuing its progressive ethos-driven rise to prominence and financial success. Semafor reported in January that it had received $25 million in early investment from various investors and donors. The firm had only started up the month before. Either the media company’s treatment of SBF with kid gloves while punishing a crypto exchange in the Bahamas demonstrates staggering arrogance, or Musk has no concept of his shortcomings.
Hoffman claims to have learned this from a Semafor-obtained video of Musk and SBF’s May conversation. SBF would “roll” $100 million worth of Twitter shares into the deal to assist fund Musk’s attempt to take Twitter private.
As a result of the clarity it brings, we appreciate Musk’s remark.
Sorry to wake you up at such an inconvenient hour. The sender of this message remains a mystery. Put any questions to Musk! Ask him questions instead of just sitting there and making assumptions.
Musk and other prominent investors have recently been recognized by SBF for their contributions to Twitter. Musk informed the investment firm that at some point, he and the other shareholders might convert their shares into ownership in the privately held company. SBF did not accept Musk’s non-exclusive offer, despite his current claims.
Though Musk “may have held shares in Twitter as a public firm,” he “certainly does not hold shares in Twitter as a private entity,” he tweeted.
The SBF/Musk text conversation being leaked to Semafor was disastrous for both companies, so determining where the leak originated is still essential. Several Twitter users concerned about Bankman have requested compensation from Semafor to help him recover from his financial setbacks. Fried’s
The Musk family tree includes experts in tunnel construction, electric vehicle manufacturing, and rocket propulsion. In his current role, he must investigate in depth the methods used by liberal media outlets. He wanted to give you something to express his appreciation for everything you’ve done for him.