Hey everybody kevin here, breaking news that elon musk has just disclosed to the wall street journal that he plans to take twitter public again via ipo in as little as three years. That means elon musk believes he can turn twitter around, make it better grow profits, make it substantially more profitable and get an open source algorithm for the good of humanity in just three years, because you probably wouldn't ipo before that, and that also begs the question of Holy smokers, how can we keep our hands on some twitter shares? Because i wouldn't be surprised if that ipo ends up at like a two or three x, the valuation we've got today, given that we're a in a crappy, poopy doopy market right now and b, we hopefully won't be in three years and see it's probably gon na Turn the company around and with that said, we have an idea in how potentially retail could participate with elon musk. It's actually an idea. We talked about this morning in our live stream.

It's an idea that we talked about on twitter with ross gerber, who came up with the idea and folks here it is elon musk, replied to ross gerber yesterday and said that hey what we you know, will we be able to keep our twitter stock and elon Musk said we'll do our best. So to that ross, garber replied: we need a tracking stock or a holding company. That's public. We represent a legion of tesla investors that would want to invest in twitter with new management, and that's true like i would love to invest in twitter with new management, and i want to make this very clear right now.

The upside for twitter is really limited. At 54.20, so if you're buying a stock at 50, your upsides four bucks and 20 cents, if the deal goes through, if the deal doesn't go through, then you could see it go all the way back down to 35 36 bucks, that's a substantial decline, maybe somewhere In the neighborhood of 20, so you're risking a 20 decline for or potentially even 30 decline, depending uh for, for maybe a 10 profit again deal doesn't go through because the sec or the ftc or the fcc or whatever comes in and blocks this. Because the biden administration forces it, then you get some big problems right. So the the upside has the ceiling.

But if elon musk lets individuals keep some shares of twitter, then that ceiling gets removed. The problem is, if you're, trying to take a company private, usually you're, not going to want to exceed 2 000 shareholders. So what did we talk about yesterday? Which, in my opinion, could actually be a huge boon? And i highly recommend you retweet this? If you potentially want to even remotely see this happen, okay, so here's what you do uh, so i tweeted this and i talked to ross about it after i tweeted it and ross is like we, we got ta figure out how to make this happen, because it's Like perfect for retail uh, so i go, you know what, if we partner slash, make a retail holding company, so you make a shell corp like a c corp uh for and basically you buy a large slice of twitter elon musk would really, in that case, just Have one extra shareholder you'd have the corporation uh that would be an extra shareholder. That holding company could essentially then represent 200 to 500 million dollars worth of retail capital.

You know maybe you're like i want to put 20 grand in. I want to put 100 grand in maybe you're accredited, maybe you're, not right, and so what you do is uh. First of all, you need somebody like to actually pay all the freaking attorney costs and go through the the you know three to nine months of regulatory hell to do it, but anyway uh. Basically, you you could you could raise the fund as both reggae and reg d, so that way, non-accredited investors can get in up to about 75 mil, which means you could put in you know a thousand bucks 500 bucks, whatever uh and and not, and accredited investors Uh could get in as well via id now.

There are no plans of this right, so this is just like theorizing right now, but anyway, this is something that that we were just thinking about. You know whether it's, whether it's us who does it or somebody else it doesn't really matter what matters is that uh? You know it sounds like elon's interested in giving some folks some opportunity to invest in twitter and a structure like that. Probably something like that would be a really good idea. Uh that way, elon has limited shareholders, but could still give retail shareholders that sort of exposure, because here's the reality is, i think elon musk is getting a wedge deal right.

I think he's buying twitter kind of overpaying for it the way it looks right now because we see it as such a fixer-upper, but he knows he can fix it up so inexpensively cut. So many costs that, when it's done, the market value of twitter will probably be 2x. What it is you know what what elon's paying for it. Uh assuming the renovations, go through the way we expect.

So it's kind of kind of very interesting uh so anyway feel free to you know retweet that if that's something you were interested in uh anyway and no guarantees, i mean freaking elon musk does never reply. Steady, my tweets! It's totally fine, like i'm, not expecting that. I deserve replies here. Just like you know, just saying you know the the the elon replies could tend to be a little sporadic and like all over the place, it's kind of entertaining.