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Elon Musk knew he made a bad bet on Twitter. He was right.
(www.axios.com)
This is a most excellent place for technology news and articles.
It was never a bet, pretty sure it’s obvious to most everyone he did it to destroy it because he’s a child who can’t handle not being the center of attention.
No, it's not obvious to most people, because it's a theory that makes absolutely no goddamn sense.
Anyone who buys into this "He's trying to kill Twitter" nonsense, please, I am begging you, try to get your head around the fact that Elon Musk is not a smart man. This isn't some incredible 4D chess play. Twitter isn't failing because of intentional sabotage; it's failing because Musk is genuinely trying his best, and his best absolutely sucks. He's a bad businessman who lucked into a fortune he never deserved.
Exactly.
"Never attribute to malice that which is adequately explained by stupidity.".
- Hanlon's razor
THANK YOU.
The X thing is what got me. If I have a concept or naming scheme that is important to me on a personal level, there's no way I would slap it on anything I knew that was disposable or on the way out, whatever.
Musk fucking loves this whole X thing.
Edit: although, its possible he's being manipulated or there's something bigger hiding behind him. Mob bosses or autocrats typically don't give a fuck about putting the screws to people stupid or unfortunate enough to be in their webs.
It was never a bet. It was him attempting to inflate the price by saying he would buy it above the share price at the time. It was an attempt at market manipulation and the SEC made him go through with it.