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Since Elon Musk’s Twitter purchase, firm reportedly lost 72% of its value (arstechnica.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 7 points 10 months ago (2 children)

mush never intended for twitter to become profitable. his only real incentives here are:

a. use saudi money to help kill twitter with some plausible deniability (for legal reasons) b. try my favorite 'business tactics' because i have nothing to lose

he has been very successful at these intended actions

[–] [email protected] 6 points 10 months ago (1 children)

Except it also impacted his other companies because of the public perception of his competence changing drastically.

[–] [email protected] 0 points 10 months ago

yeah, thats where he needs 'plausible deniability'. he can say, 'but i triiiied to make money, those damn libs canceled me'