This is giving him way too much credit, thinking he’s some mastermind who engineered this whole thing. He’s very wealthy and addicted with twitter, and started amassing a lot of shares of the company. He didn’t really care to own it, and instead tried seeing if he could sway Twitter to benefit him, namely by trying to ban the Elonjet account. That didn’t work, so he used his classic 420 joke to say he’s going to buy Twitter for $54.20 per share, which was way above market rates. He had to be literally sued to purchase the company, after trying to get out of the deal.
Once he was forced to buy the company, it was the company that assumed the debts, not Elon, so it immediately was performing terribly, and Elon had to cut costs, firing employees, not paying rent and server costs, etc. Nothing was planned out ahead of time, the company is flying by the seat of its pants. And arguably the second most prominent user of the platform, the next President, has a competing platform and is directly invested in seeing that succeed, not Twitter/X.
If anything, both Elon and Trump are the modern epitome of failing upwards, exploiting the labor and systems in place to protect Americans, just so they can make more money for themselves. The fact they’re celebrated as much as they are is disgusting.
This is giving him way too much credit, thinking he’s some mastermind who engineered this whole thing. He’s very wealthy and addicted with twitter, and started amassing a lot of shares of the company. He didn’t really care to own it, and instead tried seeing if he could sway Twitter to benefit him, namely by trying to ban the Elonjet account. That didn’t work, so he used his classic 420 joke to say he’s going to buy Twitter for $54.20 per share, which was way above market rates. He had to be literally sued to purchase the company, after trying to get out of the deal.
Once he was forced to buy the company, it was the company that assumed the debts, not Elon, so it immediately was performing terribly, and Elon had to cut costs, firing employees, not paying rent and server costs, etc. Nothing was planned out ahead of time, the company is flying by the seat of its pants. And arguably the second most prominent user of the platform, the next President, has a competing platform and is directly invested in seeing that succeed, not Twitter/X.
If anything, both Elon and Trump are the modern epitome of failing upwards, exploiting the labor and systems in place to protect Americans, just so they can make more money for themselves. The fact they’re celebrated as much as they are is disgusting.