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this post was submitted on 30 Sep 2024
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We knew this was going to happen before he made the purchase.
Everyone said, the best way for Elon to keep his money was to change very little, or even take a hands-off approach.
Masnick suggested this would happen
It was that and so much worse. Moral of the story: Running a huge social media service is hard. Maybe don't assume that because you're a billionaire you're the best at doing stuff.
Meanwhile he is on track to become the world's first trillionaire
I think the purchase was more about welding power than any financial gain
Would you not agree that he has a tool of influence with X? I see that as the main aspect of why you'd still buy twitter, even though he knew he wouldn't earn money with that.