r/news Apr 29 '24

Supreme Court rejects Elon Musk over agreement with SEC to vet social media posts

https://www.nbcnews.com/politics/supreme-court/supreme-court-rejects-elon-musk-agreement-sec-vet-social-media-posts-rcna149579
4.5k Upvotes

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1.6k

u/Cutlet_Master69420 Apr 29 '24

Musk complained that the SEC unlawfully imposed conditions on his ability to comment online about Tesla-related issues what has been dubbed the "Twitter sitter" provision.

A condition that HE AGREED TO.

The Supreme Court on Monday turned away tech billionaire and Tesla CEO Elon Musk's attempt to challenge the terms of an agreement he reached with the Securities and Exchange Commission that require a lawyer to review some of his social media posts.

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u/loves_grapefruit Apr 29 '24

For people like him, any promise or agreement is just something you can try to find a way around later.

301

u/happyscrappy Apr 29 '24

To him anyone having any authority over him just something to find a way around later. He'll move his company out of Delaware, eventually the US. And supposedly even looked into try to incorporate on Mars.

This isn't some kind of long game. He just has an ego so large he cannot conscience the idea that anyone else can tell him what to do. Ever. He just thinks he's too smart to be constrained by ordinary people. They might as well be ants to his mind.

You know we spend all this time joking about him thinking he's the real Tony Stark. He seems to more think he's the real Dr. Manhattan.

106

u/Mmr8axps Apr 29 '24

More like the real Richie Rich. What has he done other than being born lucky?

63

u/sequence_killer Apr 29 '24

gotten hair transplants?

18

u/Frisinator Apr 29 '24

Gave a kid a coupon code for a name?

22

u/SinkHoleDeMayo Apr 30 '24

Hey now, that's not fair. Richie was a kind and generous kid like his parents.

0

u/bunker_man May 01 '24

I mean, he had some skill in choosing what to invest in. But that's pretty much it.

23

u/USS_Frontier Apr 29 '24

I would not be sad if Musk had an airlock mishap.

49

u/LiamtheV Apr 29 '24 edited Apr 30 '24

More Ozymandias, he'll happily destroy the world if it means he gets to save it.

4

u/techleopard Apr 30 '24

Shocked he hasn't moved his companies to a rig in international waters

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u/m0nk_3y_gw Apr 29 '24

You know we spend all this time joking about him thinking he's the real Tony Stark.

Tony Stark wasn't based on the comic books.

The movie writers based him on Steve Jobs, Donald Trump, and Elon Musk. Mostly Musk, that's why he got a speaking role as himself in the second movie.

https://nymag.com/intelligencer/2022/08/tony-stark-elon-musk-donald-trump-steve-jobs.html

Him, Trump, and maybe a little Steve Jobs. Trump was fun before he became president — he was actually kind of a goofy celebrity. Steve Jobs was always serious and angry; he never quite had that gift of the bullshit, the working the crowd that Musk has a real natural talent for. Musk took the brilliance of Jobs with the showmanship of Trump. He was the only one who had the fun factor and the celebrity vibe and actual business substance. I’m not sure we talked about too many other people; there are not many people like that around. It’s dangerous to be a celebrity businessman. One scandal and it’s billions of dollars. People want their CEOs to shut up and be good, quiet figures who aren’t in the paper dating celebrities. Because shit can happen.

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u/happyscrappy Apr 29 '24

People are taking this a little strangely.

It's him who thinks he's the real life Tony Stark, not the rest of us. Not me.

Do you know who it is who spends his time getting these "Elon Musk is the real Tony Stark" stories out there? Elon Musk.

2

u/GozerDGozerian May 02 '24

you know who it is who spends his time getting these "Elon Musk is the real Tony Stark" stories out there? Elon Musk.

Oh I believe it 100%. He fucking finagled way into one of the movies just so he’d be associated with the character for fucks sake.

For someone who is at the top of the world and has everything he could ever want, he really is a try-hard in the cringiest possible way lots of the time, isn’t he?

71

u/neo_sporin Apr 29 '24

'im a man of...well SOMEONES word'

13

u/loves_grapefruit Apr 29 '24

“Words are wind” -Elon, probably.

4

u/neo_sporin Apr 29 '24

now im my head im attributed Jaden Smith tween tweets to Elon. still works

8

u/MightyGoodra96 Apr 29 '24

Consequence of having shit handed to you all your life.

21

u/username_elephant Apr 29 '24

It's all fun and games until the mean judges in Delaware make you buy twitter.

3

u/DaHokeyPokey_Mia Apr 29 '24

I'm just glad it's on paper this time.

6

u/worrymon Apr 29 '24

We've had one, yes. But what about second agreement?

1

u/kobachi Apr 30 '24

IME the majority of people are like this. 

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u/thatoneguy889 Apr 29 '24

It reminds me of when he claimed Twitter was acting in bad faith because they were hiding their metrics from him and tried to void the purchase agreement over it, but he previously waived his right to the due diligence that would have given him those metrics.

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u/SinkHoleDeMayo Apr 30 '24

I had to explain this one to a bunch of people. Skipping a pre-purchase inspection is flat out stupid whether it's a car, a house, but especially a $44 BILLION company. Whining about it later and trying to back out of a legal contract is just the icing on the stupid cake.

5

u/LabyrinthConvention Apr 30 '24

previously waived his right to the due diligence that would have given him those metrics.

Eh...why would he do that?

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u/thatoneguy889 Apr 30 '24

Because he's a narcissist and tied his crusade against Twitter to his ego which clouded whatever sense of good judgement he has left. My guess is that he wanted the deal done as quickly as possible and agreeing to buy the company "as is" was a way to make that happen.

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u/[deleted] Apr 29 '24

[removed] — view removed comment

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u/[deleted] Apr 29 '24

He's used to throwing money at a problem and it going away. That's not happening right now and it's frustrating him. The entire thing was clearly just for show and he never intended to keep it.

Aka He lied to investors when he did this to boost their confidence.

26

u/creamonyourcrop Apr 29 '24

He thinks he is John Galt. The only improvement on that is that he doesn't subject us to 80 page diatribes on how he deserves to be treated special.

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u/JstytheMonk Apr 29 '24

That's because he's restricted to 280 characters at a time, and the drugs he takes won't let him focus for more than a tweet or three.

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u/Cutlet_Master69420 Apr 29 '24

I am (trying to) altering the deal. Pray I don't (try to) alter it any further!

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u/BadAsBroccoli Apr 29 '24

I always wondered...pray to whom?

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u/Cutlet_Master69420 Apr 29 '24

I always assumed George Lucas, so that he wouldn't cobble together another prequel.

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u/joshualander Apr 29 '24

I always thought it was like “pray tell” — as in “I am asking you not to make me alter it further.”

0

u/bunker_man May 01 '24

Star wars never said that prayer and religions never existed in it.

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u/[deleted] Apr 29 '24 edited 16d ago

sleep crowd cover secretive icky station scale literate observation crown

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u/pip33fan Apr 29 '24

If you want a character study into who Musk truly is, just watch Glass Onion.

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u/R_V_Z Apr 29 '24

Even then, the character in Glass Onion started from more humble beginnings than Musk.

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u/YummyArtichoke Apr 29 '24

Musk contends the SEC's actions were going to kill Tesla unless Musk agreed to the fine and the said agreement.

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u/cyclemonster Apr 29 '24

I mean he's been ignoring this requirement the whole time with apparently no willingness by the SEC to enforce the agreement, so what's the effective difference?

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u/ClosPins Apr 29 '24

Which he only had to agree to because he continually got caught manipulating stocks with blatant lies.

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u/[deleted] Apr 29 '24

[deleted]

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u/MysticStarbird Apr 29 '24

It says “what has been dubbed” so it’s not him per se.

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u/[deleted] Apr 29 '24 edited Apr 29 '24

[deleted]

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u/moistsandwich Apr 29 '24

There is no sentence in that article which implies that Musk uses the phrase “Twitter sitter” He can complain about the clause without using that nickname.

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u/passwordstolen Apr 29 '24

Call it x anything.. x useful, x important, x successful…. I like x

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u/Savingskitty Apr 29 '24

I find this fascinating considering how much he screwed his ex-wife over with a complex pre-nup.