this post was submitted on 30 Aug 2024
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[–] Beaver@lemmy.ca 69 points 2 months ago (3 children)

X is going to be driven into the ground

[–] overload@sopuli.xyz 95 points 2 months ago (5 children)

I'd love to see it fail completely. I'm hoping that musk makes it a site that you have to pay a subscription to see anything at all on there so everyone can finally give up on it.

[–] gravitas_deficiency@sh.itjust.works 57 points 2 months ago (2 children)

You saw the investor list, right? There’s a LOT of people on there who miiiiight not consider direct financial profitability to be the point of their investment.

[–] Wispy2891@lemmy.world 21 points 2 months ago (1 children)

Top shareholders of Twitter include:

  1. Elon Musk (owns 78.7% of the company)
  2. Saudi prince Alwaleed bin Talal (5.7%)
  3. Oracle’s founder Larry Ellison (3.0%)

WTF they really need to relocate the evil lair in a volcano

[–] gravitas_deficiency@sh.itjust.works 3 points 2 months ago (1 children)

There’s also a bunch of Russian connections too

[–] vaultdweller013@sh.itjust.works 1 points 2 months ago

Musk himself is a Russian connection, remember he is friendly with Putin.

[–] overload@sopuli.xyz 3 points 2 months ago* (last edited 2 months ago)

That's true, but I'd imagine running a site like twitter actively costs money. If advertisers aren't paying, who is? Do they go to their investors and ask for money? For how long could Elon personally afford to run Twitter with all of its development costs?

[–] Beaver@lemmy.ca 11 points 2 months ago (1 children)
[–] Bakersfield@lemmy.world 1 points 2 months ago

It would be hilarious to see Musk beat up spez.

[–] shiftymccool@programming.dev 8 points 2 months ago (2 children)

I think it would awesome if it failed so much, Musk was forced to sell. Then, it explodes in popularity

[–] prole@lemmy.blahaj.zone 2 points 2 months ago

That would be incredible.

[–] Kalysta@lemm.ee 1 points 2 months ago

Day one it would be the most popular site on the internet.

[–] BrianTheeBiscuiteer@lemmy.world 1 points 2 months ago

They're walking right into new TX regs for social media. I'm already off the platform but any platform that stops me to upload my driver's license then I'm done with it.

[–] PalmTreeIsBestTree@lemmy.world 1 points 2 months ago

Then I guess all the Nazis will go back to stormfront.

[–] darkdemize@sh.itjust.works 9 points 2 months ago
[–] db2@lemmy.world 5 points 2 months ago (4 children)

What benefit does musk get from killing twitter? He's getting something out of it.

[–] andyburke@fedia.io 33 points 2 months ago (1 children)

No, he is legit this bad at managing a company.

[–] elucubra@sopuli.xyz 2 points 2 months ago* (last edited 2 months ago)

Thats the sad part. The guy essentially kickstarted the mass adoption of EVs, and the affordable space launch market, both of which I'm totally on board with.

If he was 40% less psychotic, megalomaniac, and Nazi, things would be OK.

[–] Shdwdrgn@mander.xyz 19 points 2 months ago

After the string of bad decisions he's already made with this company, what makes you think he's able to make good choices now? He has an echo-chamber where nobody can tell him to GTFO and that's literally the only thing he's ever getting out of it. It's kinda like if someone paid an obscene amount of money for a junker car, then paid 10x that amount to put vanity plates on it.

[–] Lightor@lemmy.world 11 points 2 months ago

Yeah, controlling the town square. It's worth him sinking money into it if he can get favorable tax laws passed as a result.

[–] JeffKerman1999@sopuli.xyz 8 points 2 months ago

Election interference all over the world is a great value for his russian, chinese and arabian masters