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Elon Musk Bought Twitter to Settle His Jet-Tracking Beef, New Book Claims (gizmodo.com)

submitted 9 months ago by [email protected] to c/[email protected]

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Elon Musk purchased shares of Twitter after unsuccessfully petitioning the CEO to remove a Twitter account tracking his private jet.
Musk's personal gripes played a key role in his $44 billion acquisition of Twitter.
Musk banned the account after promising not to, highlighting his prioritization of getting his way over free speech.

Archive link: https://archive.ph/ttBv9

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[–] [email protected] 4 points 8 months ago (2 children)

He’s still worth $200B.

Spending $44B? $88B? $100B. Doesn’t matter. The dude never, ever has to think about money again. If he lives to 85 and doesn’t earn another cent between now and then, he can splash 6 billion dollars a year every year until he dies.

To give you some understanding of that kind of money, he could roughly buy two Lamborghini Diablos every single day for the rest of his life.

[–] [email protected] 2 points 8 months ago

Mind you that's mostly non-liquid accounting of his stock and assets. Not that he'll have to worry about what he spends, but it's not cash in the bank billions.