"Fidelity is currently valuing X at about $9.4 billion"

I found this funny.

you are viewing a single comment's thread
view the rest of the comments
[–] 141 points 2 years ago (7 children)

Musk did not buy this as an investment. He bought it to flip elections and manipulate public opinion.

Tesla is writing him a check that will cover the entire purchase price, and Saudi Arabia and Russia will pay the operating costs.

Active users are what matters; if they lost 75% of their users then I'm paying attention.

  • source
  • hideshow 14 child comments
  • [–] 53 points 2 years ago* (1 child)

    Correct me if I'm wrong but I'm pretty sure he gave an outlandish bid for Twitter to manipulate it's stock prices when he pulled put, but he was sued into following through.

    I don't think he ever wanted to buy it, or at least he wanted to crash it's value to come back and buy it on the cheap.

  • source
  • parent
  • hideshow 2 child comments
  • [+] -4 points 2 years ago* (last edited 2 years ago) (2 children)
  • [–] 22 points 2 years ago

    I think you're giving the guy too much credit. Sometimes things are as they seen. He just didn't like the moderation scheme on Twitter, made a gesture buying it, fumbled a little bit and overbid, then after having been forced to acquire it tried to turn it into something closer to what he wanted it to be.

  • source
  • parent
  • [–] 18 points 2 years ago (1 child)

    I think it’s even pettier than that. He’s the loud guy on the forum who literally bought the site so he could be admin.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 9 points 2 years ago

    Honestly, everyone needs to listen to the episode of Search Engine about Elon. It’s such a clear narrative of what happened between the Iron Man cameo and now. It’s pure hubris - someone who is very unlikable desperately hungry for love to the point where his brain bust a fuse.

  • source
  • parent