A new assessment determined that X, the platform once known as Twitter, is worth a mere fraction of the value it had when Elon Musk bought it for $44 billion.
Its likely that Musk was a useful idiot in this situation. He backed himself into a corner w/ his dumb tweets and ended up being on the hook for the purchase of twitter. Then he either needed to pay a billion dollar fine or buy twitter. Thats when arab oil money volunteered to fund his blunder likely because it was a win-win for them. They either make money off of the success if twitter gets better, have huge influence over trends if twitter remained the default information platform, or deter future expensive rebellions if twitter was decimated.
Musk’s idiocy gave dictators their opportunity to deal a deft blow to their largest enemy, information, and he probably just thinks that he’s a genius who earned that investment.
Its likely that Musk was a useful idiot in this situation. He backed himself into a corner w/ his dumb tweets and ended up being on the hook for the purchase of twitter. Then he either needed to pay a billion dollar fine or buy twitter. Thats when arab oil money volunteered to fund his blunder likely because it was a win-win for them. They either make money off of the success if twitter gets better, have huge influence over trends if twitter remained the default information platform, or deter future expensive rebellions if twitter was decimated.
Musk’s idiocy gave dictators their opportunity to deal a deft blow to their largest enemy, information, and he probably just thinks that he’s a genius who earned that investment.