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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
He tried to back out, I don't think any of this was about anything. He's just a dick with a weird sense of humor.
First step to becoming a billionaire: start with 1 trillion
Hasn't his wealth kinda flatlined lately though? X is doing terribly, Tesla is struggling a bit, I think SpaceX is at least doing well.
I don't think he's going to be a trillionaire any time soon.
Now, call me crazy, but if I was optimizing for maximum welding power, I'd start with oxy acetylene and at least try a few other options. How would buying a website even be a good start?
No wonder people are making fun of him!
He needs all the welding power he can get to keep the Tesla's held together
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.