this post was submitted on 11 Jun 2023
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Technology

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[–] Fauxreigner@lemmy.world 16 points 1 year ago (2 children)

There's no stock to tank. You could argue that he's trying to tank the company, but there are easier ways to do that.

[–] baleygr@beehaw.org 7 points 1 year ago (1 children)

You could argue that he’s trying to tank the company

I'm kinda lost here. What's his end goal with it?

[–] administrator@lemmy.pro 20 points 1 year ago

Depriving the libs of a favored platform via making it conservative and unruly, and weakening its democratic potential against authoritarian states like Saudi Arabia, is the theory.

[–] BobKerman3999@feddit.it 4 points 1 year ago (1 children)

Yes there are, but he's already with the SEC breathing on his neck for other scams so I guess he wants plausible deniability.

[–] Fauxreigner@lemmy.world 6 points 1 year ago

There's no stock or similar security, so the SEC doesn't care at all. Could be a plausible deniability thing, I just think it's more likely that he really is that dumb, given the stories about Tesla/SpaceX having teams that basically existed just to control him.