Isn’t this Elon putting his money where his mouth is? He’s stated many times that he bought Twitter due to free speech concerns and not to make money. It’s kind of weird to me that people on the internet aren’t praising him for being principled, and are instead laughing at him for (expectedly) losing money.
I struggle with the two-sided ness of his claims. If he wanted to build a free speech base, and burn his money doing so, that is his right, but then he can't whine and complain if his customers (advertisers) decide to take their business elsewhere. Which he does, in spades. Even more oddly, he has poor Linda Yaccarino out there pressing the flesh on Madison Avenue, trying to reassure customers that Twitter is a safe…
Re: Fidelity marks down X valuation by 71.5%
#51It isbalmost as if he is struggling to avoid responsibility and accountability for his actions.