Big chunk of the funding is from the Saudis though - and they have a very vested interest in trashing twitter.

This does not address any of the points above though. The Saudis could have just bought it for half the money and closed the doors.

It’s also entirely possible the truth is somewhere in between - people who knew he couldn’t manage his way out a paper bag working ego boy into buying twitter and ketting the inevitable happen. He’s not exactly hard to manipulate.

Manipulate into doing what? Buying twitter? I think it is very likely that he just attempted market manipulation and failed. Now he is trying to make the best out of the situation and transform Twitter into the company he actually wants. Except he is absolutely incompetent. I don't see where anybody manipulated him into doing anything. Everything that happened seems very much like him.