is a massive content moderator, on one of the biggest platforms. is that a job that he wants to do? you know, it is not at all clear here, stephanie, that his incredible popularity on twitter, right, he has over 80 million followers, in any way qualified summer prepares him to run the party, right? you can t necessarily gain the experience you need being in charge of one of the world s top political and social interaction platforms just because you re really one of the loudest voices on it. as kara pointed out, there s really no telling of this is going to look like, especially because this guy has no experience whatsoever with any of the lines of business involved in twitter. he has no media experience, he has no experience with advertising. that s what isn t even really advertise. and idea that he s also now essentially going to be the referee of major political speech around the world,
he s not buying a competitor. there s almost 90 just issues here. so that s probably gonna go forward. the truth of the matter is, he does have the money. he has at least put up a huge amount of, they sickly, his ownership of tesla as collateral. if that s lowered somehow tank as a company, and the stock would go down, you will certainly have to repay that that really quick. but right, now that was doing great. and, so he does seem to have that firepower to make this happen. but he s gonna run into all kinds of crazy problems. the election is one thing, to think about this. stephanie, the european union just passed one of the most sweeping regulatory changes in the history of the internet, the digital services act, which is going to make platforms like twitter financially and legally responsible for hate speech if it goes up on there. this, at a time when disguised buying the stuff, after talking and at that conference about wanting to basically open this thing up, and get much this fr
elon is on the hook for a lot of money, you started the business, stephanie, you know this means. these, banks and these loans. he s gotta make, good or i don t know what s. i honestly don t know what, actually. let s go to the white, this thing isn t a done deal. jake, talk to us about the hurdles he still needs to go through. we are months away. people are going, oh my god, trump is gonna be on twitter tomorrow. no, this is not a done deal. no, that s right. it has to go through, certainly, the regulatory hurdles. there s no indication that anyone in the federal level is gonna give it away, because he s not buying a competitor. there s almost 90 just issues here. so that s probably gonna go forward. the truth of the matter is, he does have the money. he has at least put up a huge amount of, they sickly, his ownership of tesla as collateral. if that s lowered somehow tank as a company, and the stock would go down, you will certainly have to repay that that really quick.
forward. but where we actually want, see is because we won t be able to see in this company anymore if it goes private. okay, but jake, it s great to talk about these things and platitudes. right now, elon musk has the privilege of being a heckler posing as a free speech warrior. but what he s about to become is a massive content moderator, on one of the biggest platforms. is that a job that he wants to do? you know, it is not at all clear here, stephanie, that his incredible popularity on twitter, right, he has over 80 million followers, in any way qualified summer prepares him to run the party, right? you can t necessarily gain the experience you need being in charge of one of the world s top political and social interaction platforms just because you re really one of
talk about the giant economic kit that they are going to suffer this year because of sanctions. it does not mean that putin is going to pull it right away, but sanctions are having economic consequences, especially for the big cities in russia. all right then. we are going to leave on that note, ambassador, always good to see you, thank you for making us smarter. coming up, he is a billionaire making really big promises, including authenticating all humans. what elon musk buying his new twitter toy will mean for the rest of us, when the 11th hour continues.