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The Tesla billionaire has made a $40B+ offer to buy the company.
This episode is sponsored by Nexo.io, Arculus and FTX US.
The Elon Musk-Twitter saga continues! Today, Musk announced an offer to buy 100% of Twitter at $54.20 a share, saying that it was important for free speech and the company needed to be taken private to undergo necessary changes. NLW explores reactions to the announcement, from those who think a Twitter under Musk would be a huge boon to free speech to those who just aren’t buying it.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Win McNamee/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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Elon Musk offers to take Twitter private in an all-cash deal. (0:14) Dylan Lewis and Bill Mann break down:
- The details of Musk’s offer. - How the market is pricing in the probability of this takeover. - The issues at Tesla that may also warrant Musk’s attention right now.
(14:02) Ricky Mulvey interviews Asit Sharma about how investors can find stocks with “escape velocity,” and one cybersecurity company that may have “overcome gravity”.
Stocks: TWTR, TSLA, GS, NVDA, CRWD
Host: Dylan Lewis
Guests: Bill Mann, Asit Sharma, Ricky Mulvey
Engineers: Dan Boyd, Tim Sparks
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Brain scanning experiments reveal how psilocybin works to relieve severe depression. Psilocybin is the psychedelic substance in 'magic mushrooms'. The psychoactive chemical is currently in clinical trials in the UK and US as a potential treatment for depression and other mental illnesses. Professor David Nutt of Imperial College London tells Roland about the research
Also in the show, worrying findings about the increase in premature deaths because of air pollution in growing cities in tropical Africa and Asia. An international group of climatologists has found that the tropical storms which struck Mozambique, Malawi and Madagascar in early 2022 had been made more intense by human-induced climate change. And astronomer David Jewitt used the Hubble telescope to measure the largest known comet in the solar system - it's huge at about 120 kilometres across.
(Image: Mexican Psilocybe Cubensis. An adult mushroom raining spores. Credit: Getty Images)
Presenter: Roland Pease Producer: Andrew Luck-Baker
You've likely seen this study covered across the interwebs. Well, does it hold up to the SIO-Osterman treatment? Find out!
Michael Saylor is the CEO of MicroStrategy and a prominent holder and proponent of Bitcoin. Please support this podcast by checking out our sponsors:
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OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(07:09) – Grading our understanding
(19:27) – Inflation
(39:03) – Government
(1:00:13) – War and power
(1:11:23) – Dematerializing information
(1:42:45) – Digital energy and assets
(1:54:23) – Oil barrel vs Bitcoin
(2:03:43) – Layers of Bitcoin
(2:20:53) – Bitcoin’s role during wartime
(2:25:37) – Jack Dorsey
(2:41:58) – Bitcoin conflict of interest
(2:48:39) – Satoshi Nakamoto
(2:54:04) – Volatility
(3:06:30) – Bitcoin price
(3:18:46) – Twitter verification
(3:27:42) – Second best crypto
(3:33:24) – Dogecoin
(3:37:57) – Elon Musk
(3:43:26) – Advice for young people
(3:54:54) – Mortality
(3:57:59) – Meaning of life
By Rita Dove