this post was submitted on 29 Aug 2023
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If he was competent at that, he wouldn't be sinking it alongside his own reputation, he'd get his puppet CEO to undermine it and then call it inevitable.
I think he wants this X app to be a thing, he just has no idea what he's doing
I think I've heard this from a podcast but don't remember which, but one conspiracy is that Musk is deliberately running the company to the ground, but is masking it with "optimistic" business decisions to prove he was trying to keep the company afloat, so as to avoid lawsuits and compensations when it goes under? I'm not that well versed in law so I can't verify it's legitimacy though, so take it with a grain of salt.
He is already being sued for a variety of issues related to how he is handling Twitter. The conspiracy has to go all the way around into suggesting that he intentionally wants everyone to think he is a fool, at expense of his other businesses, to make decisions even average people believe to be clueless and destructive, when he could arrange for that to happen much more subtly.
Seems simpler to me to just believe he is a fool. This whole conspiracy seems to come from sheer disbelief that someone so wealthy could be so stupid. But it seems to me it proves that wealth and competence or intelligence aren't correlated after all.
Exactly. It’s Hanlon’s Razor: Never attribute to malice that which is adequately explained by stupidity.
Stupidity alone more than adequately explains what Elon is doing to Twitter.
He is connected to Thiel who is connected to US intel. Perhaps decisions were made that Twitter is too influencial and influenced by users during elections? Just a theory.
If anyone might be deliberately trying to kill Twitter, maybe it's whoever financed it. Wouldn't they realize that Elon offered for Twitter far more than it was worth and that repaying it is very unlikely?
I actually wonder if the point is to launder money through it? You buy it at a certain valuation. You tank it while promising investors that you have big ideas that will have them making money hand over fist in no time. You instead, make significant investment elsewhere using an unknown shell company or something to invest in its competitors, forcing users off the original platform and onto something else that makes you money. You insure it in some way so that you can get a payout when it finally whistles it's last death rattle, the investors get a payout, you get a payout, the platform dies, and you move on to something else.
I have no idea how it all works but haven't most of us seen The Producers? Same basic premise. Bet against yourself. Take the winnings while leaving the liability elsewhere.
You're better than I am at it already lol.
The conspiracy is on! 🍿
Haven't seen The Producers before. Do you recommend it?
I do recommend it. It's great fun and I found it very enjoyable.