this post was submitted on 23 Jul 2023
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Elon Musk said on Sunday he was looking to change Twitter's logo, tweeting: "And soon we shall bid adieu to the twitter brand and, gradually, all the birds".

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[–] dingus@lemmy.ml 24 points 1 year ago (2 children)

So he didn't buy it for the brand. (He's killing the brand.)

He didn't buy it for the employees. (He fired all the employees.)

He didn't buy it for the real estate. (He doesn't pay his rent.)

He didn't buy it for the userbase. (He has driven so, so many away with his chicanery.)

So what the living fuck did he spend $44 billion for anyway? Because he's a giant fucking piss baby? You got me, I don't understand this fucking idiot at all.

[–] ptz@dubvee.org 19 points 1 year ago (2 children)
[–] ripcord@kbin.social 1 points 1 year ago

And that has worked out pretty well for him so far.

[–] apemint@kbin.social 1 points 1 year ago

That only works if you don't alienate the user base.

[–] JelloBrains@kbin.social 14 points 1 year ago* (last edited 1 year ago) (2 children)

I'm almost certain he didn't want it at all; that it was a giant publicity stunt but he ran into a contract he couldn't default on or back away from.

[–] JonEFive@kbin.social 6 points 1 year ago (1 children)

It all started as a stock market manipulation scheme. Now that "Daddy" told him he had to make good on his commitments, he's throwing a tantrum and saying "well, if I'm forced to buy it, I own it. And if I own it, I can do whatever I want with it. So I guess I will can just do this!" and he proceeds to destroy it. Just another spoiled brat rich kid who doesn't like being told what to do.

[–] originalucifer@moist.catsweat.com 2 points 1 year ago (1 children)

i think he was forced to buy it, then went to a back alley and offered up an amazing deal for asshole billionaires; 'who wants to help me kill twitter'. its pretty obvious who footed most of the bill besides king of the idiots there.

[–] JonEFive@kbin.social 3 points 1 year ago* (last edited 1 year ago)

Valid theory. Twitter was getting a lot of attention for their work to reduce the spread of misinformation and blatant racism. Both things that the republican party and their supporters seem to be firmly opposed to. It might therfore make sense to delegitimize the platform while giving a megaphone to the people who were previously being censored or fact checked.

I always say "follow the money" which is why I couldn't figure out Elon's motives in all this. It doesn't make sense to buy a company then intentionally tank it's value. But it might make sense in terms of people in power controlling another media outlet to broadcast and reinforce their narrative.

[–] Xeelee@kbin.social 1 points 1 year ago

It wasn't even that. Just a dumb spur of the moment decision because he thinks he can just do anything.