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News Walt Disney World and other major Disney accounts stop posting on social media platform X
- Thread starter wdwmagic
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Chef Mickey
Well-Known Member
That’s going to happen, and it’s OK if people remain civil, right? Plus, you have the bonus of being judge and jury!
I think we can all agree Disney has leadership issues and could benefit from Elon buying the whole company.
Brian
Well-Known Member
You have said the actual truth.I think we can all agree Disney has leadership issues and could benefit from Elon buying the whole company.
Apple worth $3 trillion is in perhaps in better financial shape could if they wanted to.That’s going to happen, and it’s OK if people remain civil, right? Plus, you have the bonus of being judge and jury!
I think we can all agree Disney has leadership issues and could benefit from Elon buying the whole company.
We take after world leaders and the most influential power players out there. Bickering etc they have made into an artform.That’s going to happen, and it’s OK if people remain civil, right? Plus, you have the bonus of being judge and jury!
I think we can all agree Disney has leadership issues and could benefit from Elon buying the whole company.
Maybe even executioner!
LittleBuford
Well-Known Member
Heaven forfend!I think we can all agree Disney has leadership issues and could benefit from Elon buying the whole company.
Chef Mickey
Well-Known Member
I am a major AAPL shareholder and would not like to see this acquisition, but AAPL can do anything they want. With a lot of help though, Elon could in theory, make it happen. He technically could sell his Tesla stake and buy Disney with a pretty decent premium. Obviously this would impact TSLA stock, but there is a path. Plus, Elon is crazy enough to do it. That's the key. He could easily get a group together and make it happen without having to actually put up $200B+.
As a decent sized DIS shareholder, I would glady sell my shares at $110/$120 to Elon.
Stripes
Premium Member
If he starts to sell his Tesla shares the value of his remaining shares would fall significantly (preventing him from approaching what he would need to buy Disney) and Tesla shareholders would oust him from the company. He has also used his Tesla shares as collateral for over $60 billion in personal debt and the fall of his Tesla shares could trigger a margin call.
It’s impossible for Elon to buy Disney and it’s not going to happen.
We’ll end up with the parks run by 3 CMs total, Jefferson Davis added to Hall of Presidents, and a CEO known for not focusing on quality.I think we can all agree Disney has leadership issues and could benefit from Elon buying the whole company.
Chef Mickey
Well-Known Member
Feels like copium. The man is worth $250B and he has endless options to structure the deal. It’s totally dependent on how motivated and crazy Elon becomes about doing it.
Tesla has value on its own and he wouldn’t have to actually sell the shares as he did with TWTR. He could also get an investment group together and push for a controlling interest, which could be done for perhaps $100B.
Just getting a large stake could make Elon extremely influential in the company.
I‘d shut up if I were Iger.
Stripes
Premium Member
His net worth is fragile and could tank at any moment. I don’t even believe he would have any interest in buying Disney and most Disney shareholders are unlikely to sell to him for anywhere near the stock’s current price.
Any idea how likely it is that other investors will want to team up with Elon given what he has done to Twitter’s fortunes? Let me tell you: un-freaking-likely.
What did Iger say that Musk found so offensive? He was asked an interview question and gave a truthful answer. And it’s the same answer that dozens of other CEOs would have given. It’s not like Disney is running to the press screaming that they pulled ads. They made a decision and it wouldn’t even be in the news if Elon wasn’t such a pathetic man-child screaming about so-called “blackmail.”
Chef Mickey
Well-Known Member
Twitter was in shambles even before Musk bought it, having lost money in 10 out of the 12 years prior to Elon buying it.
It was also an "anti - establishment" purchase, not one to make money in the short term. Elon knows how to make money.
Give it time. Everyone who bet against him has been wrong, so why shouldn't this be better? I believe he will turn X into at worst a much more fun and free place to talk or even a profitable company longer term.
I'm not going to get into details that will be deleted anyway but Iger has very (un)skillfully played the politician, hypocrite, and debator into $200B in lost shareholder value and leads the worst management team in the S&P500. His own company's profitability is absolutely unacceptable for a brand like Disney. I know Disney's numbers well as I'm unfortunately an investor work in the industry.
Activist investors can get a lot of influence with a lot less money than Elon. Peltz is only worth like $1B and he's already annoying Disney. If Elon is motivated, he can do practically anything. No one has the nitty gritty details of his personal worth and how his finances are structured, but if he puts $20B together, he can do a lot with Disney. You think Elon could swing $20B? I do. And a lot more if he needed to.
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Net worth is not cash. He’s notoriously cash poor. By net worth I’m a millionaire, but I have less than $8k in liquid assets.
Beyond this, after seeing the
show that X/Twitter has become, I doubt that any bank would give him money to attempt to buy Disney.
No. He knows how to create value. Value does not always = money. He was fortunate with some of his bets, but I think others, like X and Neuralink are destined to fail.
He’s a great hype man, a good storyteller, allegedly a decent engineer, but a mediocre administrator.
Someone already did. Zuck, with threads. He poisoned Twitter, which was arguably a crap place before he bought it.
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Chef Mickey
Well-Known Member
Who said it was cash? I understand the difference and have a Master's in finance from Wharton, so I should LOL!Net worth is not cash. He’s notoriously cash poor. By net worth I’m a millionaire, but I have less than $8k in liquid assets.
Beyond this, after seeing the
I have even less cash than you, but I could have a lot of cash quickly if needed...as could Elon. That just means he's smart.
I like X a lot more than before, so it depends on your lens. TWTR certainly didn't know how to make money before Elon either. It was a notoriously terribly run company with no ability to consistently monetize their model. They lost money 10/12 years prior.
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Chef Mickey
Well-Known Member
Not arguably, it was. Twitter had plenty of poison before Elon took over unless you're just being one-sided.
What evidence do you have Elon is mediocre at anything in business? And why should it matter? SpaceX, OpenAI, Paypal, Tesla, etc have all had massive success and Elon was around for all of them. You really just sound like a hater and probably it's somewhat politically motivated.
You're just arguing semantics now. I say the richest man in the world knows how to make money and you say "no." OK bro. Elon knows how to create nearly a trillion dollars in "value" but he's just "OK" to bad at making money. I'd say he's trash actually.
The not advertising on TWTR political statement Iger made was hypocritical because Disney advertises at places with all kinds of shady/questionable motives, content, people, etc. It also was a silly war path to go down as Disney continues to be absolutely MIRED in controversy for literally no purpose whatsoever.
It's costing shareholders billions and ruining the brand. Disney needs to focus on running their business and stop arguing with billionaires, politicians, and ruining their content by making political statements. If we don't agree on that, I don't know what you're watching.
Calling Elon a "hype man" and a "storyteller" is like doing the same to Steve Jobs. They are all in some ways sales guys. Look at their results objectively.
Stripes
Premium Member
Elon valued the company at $44 billion. Or, $54.20/share. He didn’t really want to buy Twitter. He wanted to give the middle to the SEC. But, when he tried to back out, Twitter’s lawyers put him in his spot and he was forced to sit down. I guess he can’t do “whatever he wants.”
While it was already bad for my mental health before Elon took it over, after Elon took over I had to delete the app and deactivate my account. It became so much worse. Twitter is also currently sitting at #109 on the App Store charts while Disney+ is sitting at #5.
Disney+ is a subscription based app. Twitter is free. Now, you say you want Elon to run Disney and you want Disney to focus on running their company avoid controversy. I have to say, I question your reasoning…
Btw, Threads, the new Twitter alternative from Meta, has been at #2 for some time now. While Twitter is languishing in a hellstew of bots that Elon promised to fix ages ago.
You might have faith in Elon turning his company around but he doesn’t.
Tell me, what would you currently be doing that Iger is not doing? Peltz is taking a stab at a board seat and has yet to come out with any plan whatsoever or articulate how that plan differs from the actions the company has been taking. He was so happy with the plan he heard a year ago that he dropped his bid last time but now he’s back despite the fact that the company successfully made the changes he was demanding.
What about Disney’s leadership makes it the worst in the S&P 500? Two-thirds of the leadership team in May 2022 (after the stock slump) is no longer in leadership or has left the company. I don’t know how you can judge a leadership team with little over a year on the job especially considering the projects coming out now were set in motion under prior leadership.
The company “lost“ $200 billion in shareholder value because the investors are insane. Investors encouraged Disney to spend billions chasing subscribers (which they did to great success) and then Netflix subscriber growth fell and the investors started chasing profitability. And now they’re angry because Disney+ isn’t getting to profitability until 2024, which is exactly what the company forecasted back in 2019.
Sure, but those places bring a heck of a lot more value to the company. And the leaders of those other platforms aren’t goons making fools of themselves for the entire world to read about in the headlines. Disney was one of dozens of companies to pause advertising while maintaining ads on other platforms.
Iger’s response was a truthful answer to an interview question. Iger even praised Elon and his companies. It wouldn’t have made the news whatsoever if Elon hadn’t thrown a tantrum.
Speaking of Steve Jobs, a man who has clearly had a much larger impact on the world than Musk could ever dream of and clearly one of the greatest CEOs and businessmen of all time.
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