Earlier quoted context omitted.
He buys twitter at an inflated valuation. Runs it to the ground to a much lower valuation of $9B. [1] Then, his company Xai buys Twitter at a $33B, inflating the valuation up. Then SpaceX merges with Xai for no particular reason, but is expected to IPO at a $1T+ in the upcoming years. [3] I’m not that smart, but if I were, I would be thinking this is an extended way to move the losses from the Twitter purchase on to…
It also makes it impossible for Twitter/X to die, as it deserves. It is by far the most toxic mainstream social network. It has an overwhelming amount of far right supremacist content. So bad that it literally resulted in Vivek Ramaswamy, a gubernatorial candidate in Ohio, to quit Twitter/X - nearly 100% of replies to his posts were from far right racists. Obviously advertisers have not been fans. And it is a dying b…
Twitter also has more (not total, but more) free speech than any other social networking site. For example, you are allowed to discuss empirical research on race, crime and IQ. That would get you rate limited or banned quickly on other websites, including HN.