this post was submitted on 17 Nov 2023
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Given how many discounts X is giving advertisers, holy shit this dude spent 2 dollars to make 1
The point is to influence the election next year, not to make money
Influencing the election will make all the money.
What?
🎵🎶 to the right now, to the left, take it back now y'all... cha cha real smooth🎵🎶
Wholeheartedly agree. Though I am not sure I would agree with your framing of it being 'left' or 'right'. For sure the content seems to have more vitriol and divisiveness. I would use it in the past to follow scientists and their updates about research, it was really good for that.
Now the majority of those I follow post inflammatory comments or reactions to other content and I find the content writ large has decreased. I've so far increased my RSS, IRC, and mailing list usage, but it was nice to have tweets which are character-limited. I could skim through easier without having something catch my attention.
huh
This happens so much. Look at GOP policy. Religiosity, corporate dick-sucking, or spite, often overrides logical, cost-effective choices (well, at least the cost-effective choices for the American people. I'm sure their individual pockets are fine.).
Examples: subsidizing abortion vs. supporting another child in poverty, UBI vs. the admin and labor costs of running individual benefit programs, etc.
He spent 2 dollars to lose 100 more like
He's sitting on a big enough pile not to miss it. I wonder how much of this is crazy and how much is political hedging.
I'd be surprised if he could liquidate more than 40bln today, look at Tesla stocks P/E, its a house of paper cards. Spacex is always reportedly on the edge of bankruptcy. Last evaluation I saw of twitter value from its lenders was around 17bln, subtract its debts, that's about 4bln.
He really has bet the house, it now a question of how long he can keep going on Tesla stock backed loans and if the stock price holds.
Forbes still has him at 241B. I wish he'd run out faster to get his ass out of the news.
It was never about money
https://www.theverge.com/2022/4/14/23025343/elon-musk-twitter-takeover-ted-talk-quote-stock-buyout
"My strong intuitive sense is that having a public platform that is maximally trusted..."
Utterly hilarious.
Maximally hilarious.