Elon Musk Says “The Woke Mind Virus Is Making Netflix Unwatchable,” Piling On Embattled Streamer

Two business stories converged as Elon Musk took a Twitter kick at Netflix after the streamer’s stock sank on subscribers losses.

“The woke mind virus Is making Netflix unwatchable,” Musk tweeted in a chain responding to news of Netflix’ share crash following yesterday’s earnings report. He didn’t elaborate. Netflix stock is down 35% today, a massive hit, as confluence of factors (not really content related) have slowed its once mighty growth trajectory.

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Musk has also been pretty busy slamming the board of Twitter in other posts on Twitter, which he wants to buy. Twitter’s board of directors put in place a so-called “poison pill” to make that harder. Musk is attempting to raise funds for a $43 billion cash offer with the help of Morgan Stanley and if he does, has hinted he’ll launch a public tender — going to directly to Twitter shareholders to buy their stock over the head of management.

How do we know? Three words – he tweeted “Love Me Tender” (an Elvis Presley song) after the poison pill, or shareholder rights plan, was announced. That allows current holders to buy stock at a discount if any entity acquires more than 15% of the company, diluting the position. Musk currently own 9.1% of Twitter.

The New York Post on Tuesday cited sources saying that Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter private.

Twitter shares have been volatile since Musk disclosed his investment and since his offer of $54.20 per share to buy it. The stock is pretty flat today, up 0.06% at $46.18.

Tesla reports earnings after market close today.

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