this post was submitted on 12 Sep 2023
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[–] [email protected] 134 points 1 year ago (3 children)

https://apnews.com/article/elon-musk-twitter-inc-technology-business-b0a0f7e64c4616780459f012d172b1c9

One reason why Musk bought Twitter this week is because he had little choice. The world’s richest man spent months trying to back out of the $44 billion purchase agreement he originally signed in April. But the uncertainty was so disruptive to Twitter’s business that it sued him in the Delaware Court of Chancery to force the deal’s completion, and a judge gave a Friday deadline to complete the deal or face a November trial that Musk was likely to lose.

This is all bullshit. Self-aggrandizing lies to give the appearance that this massive failure was all in the plan. The guy was trying to play games with stocks and got caught. He's a dumbass with no idea how the business he didn't want to own but was forced to buy in the end works. It's not deeper than that.

I'm sure his daughter hating him is very upsetting but it's not why he set 40 billion dollars on fire.

[–] [email protected] 31 points 1 year ago (1 children)

Why not both? Because you’re absolutely right that he got fucked on a bad gamble and then tried to save face, but I can also easily see him trying to buy stuff just to stick it to the left. (But in all reality again you’re probably pretty solely right lol)

[–] [email protected] 6 points 1 year ago

I question if he actually got fucked on a gamble or if he was just inept and all of his decisions were largely a whim rather than based on some true data and research.

[–] [email protected] 7 points 1 year ago

Maybe a bit of an extreme comparison, but it reminds me of when Donald Trump, also in the US, actually got elected president there. I remember thinking he looked quite wan in those early news clips. Like he was shocked to have actually won, and was rapidly having to adjust his expectations of the future.