{"id":1750453,"date":"2022-11-24T10:17:48","date_gmt":"2022-11-24T15:17:48","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1750453"},"modified":"2022-11-24T10:17:54","modified_gmt":"2022-11-24T15:17:54","slug":"musk-takes-new-media-outlet-to-school-after-failed-bankman-fried-expose","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/musk-takes-new-media-outlet-to-school-after-failed-bankman-fried-expose\/","title":{"rendered":"Musk Takes New Media Outlet To School After Failed Bankman-Fried Expos\u00e9"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmusk-takes-new-media-outlet-to-school-after-failed-bankman-fried-expose%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1750453&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Chief Twit <a href=\"https:\/\/www.dailywire.com\/news\/elon-musk-and-dinesh-dsouza-explain-why-leftists-arent-being-let-back-on-twitter\/\" target=\"_blank\" rel=\"noopener\">Elon Musk<\/a> is at war with Washington\u2019s shiny new media property and seems to have it dead to rights.<\/p>\n<p>Semafor, a news website started with great fanfare by former New York Times columnist and Buzzfeed News chief Ben Smith, accused Musk of funding his Twitter purchase with money from disgraced cryptocurrency mogul Sam Bankman-Fried. But it appears that just as Semafor pointed the proverbial finger at Musk, three fingers were pointing back at it.<\/p>\n<p>\u201cSam Bankman-Fried, Elon Musk, and a secret text,\u201d read the headline of <a href=\"https:\/\/www.semafor.com\/article\/11\/22\/2022\/sam-bankman-fried-elon-and-a-secret-text\" target=\"_blank\" rel=\"noopener\">an article<\/a> this week by Semafor\u2019s business and finance editor, Liz Hoffman. The story accused Musk of \u201cgleefully\u201d mocking the \u201cdownfall\u201d of FTX, Bankman-Fried\u2019s crypto exchange, which has been exposed as an <a href=\"https:\/\/www.dailywire.com\/news\/here-are-the-investors-who-lost-millions-in-the-ftx-implosion\/\" target=\"_blank\" rel=\"noopener\">alleged Ponzi scheme<\/a> that stole billions from customers.<\/p>\n<p>The article, written after Musk had claimed Bankman-Fried set off his \u201cbulls*** meter\u201d when he offered to invest in Musk\u2019s $44 billion Twitter takeover, implied that Musk had taken SBF on as an investor. But Musk now claims that not only did he not take SBF\u2019s money, but Semafor did. The outlet admits as much in its article, and Musk was quick to point that fact out.<\/p>\n<p>The Tesla boss posted receipts on his social media platform, even as others noted the media startup\u2019s softball coverage of SBF and FTX.<\/p>\n<p>\u201cSemafor is owned by SBF,\u201d Musk charged in a tweet. \u201cThis is a massive conflict of interest in your reporting. Journalistic integrity is [trash can emoji).\u201d<\/p>\n<p lang=\"en\" dir=\"ltr\">Semafor is owned by SBF. This is a massive conflict of interest in your reporting. Journalistic integrity is \ud83d\uddd1\ufe0f. <a href=\"https:\/\/t.co\/1AB6KReJUj\">pic.twitter.com\/1AB6KReJUj<\/a><\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1595342985931411456?ref_src=twsrc%5Etfw\">November 23, 2022<\/a><\/p>\n<p>It could be an overstatement to say Semafor is \u201cowned\u201d by SBF, but the onetime billionaire and former liberal media darling definitely bought himself a piece of it. Earlier this year, Semafor, which went live last month, giddily announced taking in $25 million in seed money from donors and investors, naming Bankman-Fried as one of its top benefactors. While the media startup couldn\u2019t have known trouble was on the horizon for the Bahamas-based crypto exchange, its decision to go soft on SBF and hard on Musk took extreme moxie \u2013 or lack of self-awareness.<\/p>\n<p>The Hoffman article appears to have been based on a May text message exchange between Musk and SBF that Semafor obtained. In it, SBF apologetically tells Musk he won\u2019t be able to invest in his bid to take Twitter private but helpfully offers to \u201croll\u201d $100 million of Twitter stock into the effort.<\/p>\n<p>Musk\u2019s reply is telling.<\/p>\n<p>\u201cSorry, who is sending this message?\u201d Musk asks.<\/p>\n<p>After SBF identified himself, Musk told him that he, like others who held big blocs of Twitter stock, was welcome to turn it into basis points in the privately held entity. But Musk now claims SBF never took him up on the non-exclusive offer.<\/p>\n<p lang=\"en\" dir=\"ltr\">Semafor, which has SBF as an investor, gets more of SBF&#8217;s text messages with Elon Musk. <a href=\"https:\/\/t.co\/qBhhh4Rc3x\">https:\/\/t.co\/qBhhh4Rc3x<\/a><\/p>\n<p>\u2014 Chuck Ross (@ChuckRossDC) <a href=\"https:\/\/twitter.com\/ChuckRossDC\/status\/1595522683550461952?ref_src=twsrc%5Etfw\">November 23, 2022<\/a><\/p>\n<p>\u201cHe may have owned shares in Twitter as a public company, but he certainly does not own shares in Twitter as a private company,\u201d Musk divulged in a tweet.<\/p>\n<p>It\u2019s a vexing mystery who gave Semafor the text exchange between SBF and Musk, but if you\u2019re keeping score, Semafor\u2019s expos\u00e9 on Musk was a dud, and Musk\u2019s expos\u00e9 on Semafor was devastating. Folks following along on Twitter are calling for Semafor to return whatever funds it took from Bankman-Fried.<\/p>\n<p>Musk, who sends satellites into orbit, builds electric cars, and tunnels under cities, is nothing if not a quick study. In his latest project, he is getting a crash course on how the liberal media works. And he is reciprocating with a brutal lesson of his own.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chief Twit Elon Musk is at war with Washington\u2019s shiny new media property and seems to have it dead to rights. Semafor, a news website started with great fanfare by former New York Times columnist and Buzzfeed News chief Ben Smith, accused Musk of funding his Twitter purchase with money from disgraced cryptocurrency mogul Sam &#8230;<\/p>\n","protected":false},"author":729,"featured_media":1750456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-1750453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1750453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/729"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1750453"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1750453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1750456"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1750453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1750453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1750453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}