It is consideted crass by the megarich to use their new money to overtly purchase politicians. They prefer to do it behind closed doors, mostly to keeo them cheap
Twitter was never profitable until data was worth enough and even then…
Musk tried to pump and dump the stock by saying it was worth much more than it was. Then he immediately got sued because if you manipulate the market like that and have the cash to pay, you have to or it’s considered a crime. Musk then tried to back out, shareholders threaten to sue, and he pretended he actually didnt wanna back out and bought it.
He purchased it at twice its market value and has since not only cut 80% of staff, but also lost 80% of its original value (not the double musk paid)…
Twitter only had value to musk because he wanted to use it as a disinformation tool to help SA/Russia/China. He immediately made it a right wing platform where this content is more valuable. It was a dumb decision, still has a dumb business plan and a fuckton of debts. The only reason it didn’t disappear completely is Musk is too rich, but it’s trending down. It’s projected to grow as the US becomes an oligarchy but not because it has real value. Musk wants to turn it into Facebook+ Cash app
Buying twitter was all in all a terrible business move and mostly to stroke elons ego. Sadly this is “too big to fail” territory
Because it most definitely did. trump was banned from twitter, musk bought twitter and reinstated trump’s account. This little favor definitely allowed the two to get closer.
Twitter is one of the biggest social networks in the world and the most used by politicians worldwide. It’s quite obvious that his position allowed him to get more votes to his party.
Doesn’t make much business sense for the megacorps.
Doesn’t make much business sense for megacorps to buy one of the biggest social media that allowed his new ceo a place in the white house?
It is consideted crass by the megarich to use their new money to overtly purchase politicians. They prefer to do it behind closed doors, mostly to keeo them cheap
Twitter was never profitable until data was worth enough and even then…
Musk tried to pump and dump the stock by saying it was worth much more than it was. Then he immediately got sued because if you manipulate the market like that and have the cash to pay, you have to or it’s considered a crime. Musk then tried to back out, shareholders threaten to sue, and he pretended he actually didnt wanna back out and bought it.
He purchased it at twice its market value and has since not only cut 80% of staff, but also lost 80% of its original value (not the double musk paid)…
Twitter only had value to musk because he wanted to use it as a disinformation tool to help SA/Russia/China. He immediately made it a right wing platform where this content is more valuable. It was a dumb decision, still has a dumb business plan and a fuckton of debts. The only reason it didn’t disappear completely is Musk is too rich, but it’s trending down. It’s projected to grow as the US becomes an oligarchy but not because it has real value. Musk wants to turn it into Facebook+ Cash app
Buying twitter was all in all a terrible business move and mostly to stroke elons ego. Sadly this is “too big to fail” territory
🤦🏼
Why am i not surprised to immediately find garbage like “genocide Joe” in your post history.
You couldn’t even formulate an argument. Thanks for making it obvious why to block
…why do you think Twitter had anything to do with getting Musk into the White House?
Because it most definitely did. trump was banned from twitter, musk bought twitter and reinstated trump’s account. This little favor definitely allowed the two to get closer.
Twitter is one of the biggest social networks in the world and the most used by politicians worldwide. It’s quite obvious that his position allowed him to get more votes to his party.