this post was submitted on 08 Sep 2023
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Technology
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Wow, that's... exceedingly boring.
Imagine buying some of the most recognized branding in the world and tossing it all away. Couldn't be me.
I keep wondering what was the asset that Elon bought that was worth $44B? The brand? No, he flushed that down the toilet. The technology? No, he was crapping all over that from day one. The staff? No, he fired most of them. Twitter had no real estate. What was THE THING he paid $44B for?
The only guess I can make is the private jet tracker, which he Streisanded into a subreddit where it will live forever. Lmao.
LOL i follow that guy on Threads now. So poor use of $44B!
The user base so he can do his fantasy payment system.
I guess the user base. But he was also shitting all over that saying it was mostly bots. You could say it was a strategy to bring the price down, but he still paid $44B so that didn't work.
This is probably too conspiracy theory-ish, but I feel like he made some shady side deal or bet that he could destroy the company in record time. You know, bored rich people stuff. I personally can't fathom how someone can be THAT incompetent and still run so many successful companies. He televises himself as a fool in the public scene, but we don't know him personally, so we really can't know. Maybe it's all for show to highly underestimate him so he can swoop in at pivotal moments... Or he is genuinely a loser rich kid. Haha