Dogsauce
I’ve got Skol but I’m not a Scholar
It wasn’t all his money, he had investors backing him (Saudi money mostly)Well if you will pay $44 billion (not $44 million as the article mistakenly says) for something that really obviously isn't even worth close to that and then make decisions that really fuck it all up and cause major advertisers to leave in droves:
In Leaked Email, Elon Musk Admits Defeat on Twitter
Twitter's financials are still looking pretty dire — as owner Elon Musk himself admitted in a January email to staff reviewed by the WSJ.futurism.com
Wall Street banks plan sale of X debt at a discount | TechCrunch
Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 million in 2022 including $13 billion intechcrunch.com
It wasn’t a money-making venture, it was a political project. He’s got a return on his investment even if the platform itself is haemorrhaging cash. It’s pointless gloating about it’s financial failure as that’s irrelevant.
Musk is also tipped to buy TikTok. Even if he doesn’t it won’t be able to continue to operate in the US unless sold to one of Trump’s wealthy supporters. Trump openly stated this. Gangster fucking shit.