Elon speedrunning killing Twitter I see.
Oh sorry, X
this post was submitted on 26 Jul 2023
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It's only for 𝕏posting anyway.
Let's see if he buys Reddit next...
With what money?
I know spez is running it into the ground, but it was valued at $10b last funding round. I don't think he's got the liquid capital after blowing it all on Twitter.
He didn’t have the liquid capital to buy Twitter, either, that’s his problem.
I was just joking, don't but much tought into it.
"Well, PepsiCo, you didn't buy enough ads this month, so we're gonna have to drop your verification."
He really is just doing his damnedest to show us how stupid he is, isn't he? And I suppose when it all falls apart, he's gonna run to daddy in his emerald mine and ask for bail out funds?
When it all falls apart, he doesn't need a bailout. He leaves his investors holding the majority of the lost equity, pays off his portion, writes it off and carries it forward, and uses it to reduce his tax bill in upcoming years when he'll have a bunch of government contracts.
All of this looks stupid if you assume he's trying to run a profitable business. But he's not. He's moving cash flow through as many other of his own ventures that he can, and he'll cannibalize the rest. The only people who will actually lose money are normal citizens who will have to make up the list tax dollars.
he's gonna run to daddy in his emerald mine and ask for bail out funds?
No. He will run to the government, so you and I will have to bail him out.
Why did those guys sold twitter to him again?
if someone offers you $200k for a 2020 Toyota Camry would you sell it?
Yeah but I’m a nobody. If I built a social media mega hub that can be abused to brainwash humanity, I would like to think keeping it off the wrong hands is priceless
The beautiful thing about ~~public companies~~ capitalism is that it's not people who built it who end up selling it.
If I built a social media mega hub that can be abused to brainwash humanity
Humanity is capricious as fuck. You can brainwash them, but then after a while, you just got to brainwash them again. Gets old.
I would like to think keeping it off the wrong hands is priceless
Yes, BUT have you ever considered that with enough money you can just not care?
Also, look at what's his face that started Twitter. Now he's got insane levels of Musk's cash and started yet another social media company, Blueksy which a lot of people ran over to. I punch those numbers into my calculator, it makes a happy face.
Because that idiot gave them 44 billion for it.
It was their fiduciary responsibility, wasn't it?
The shareholders weren't going to get a better offer.
Give us $6000 or we're going to let counterfeiters impersonate you.
Its all bout tha.muhney
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