Quote:
Originally Posted by MoneyGuy
If I didn’t know better I’d say that Musk wants Twitter to go under, but why pay $44 billion for the opportunity? I think he bought Twitter to support Trump but destroying it isn’t helping his cause. I’m confused.
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He made a really poor snap decision last year to buy it, that's it. Once he realized how dumb it was, he tried to get out, but because he waived all conditions he stood no chance, which is why he bailed on the court case.Realizing he did in fact own Twitter, he figured his best bet was to cut as many costs as he could, try to clean up the code with a lean team, and kinda re-emerge as the"everything app" like WeChat, and he'd be sitting pretty.
But then he also made really poor decisions based on ideology, chased away advertisers and users, and has now kinda locked himself in this downward spiral. The more costs he cuts, the worse the site gets. But without cuts, he'd be dumping tens of billions a year in it. So he's saved a lot of money, but has devalued the sight so much it's almost become a complete write-off.