Why is killing Twitter worth half of his entire fortune?
Why would he attach the X brand to it, something that has been his personal obsession throughout his life, if the goal was to kill it?
Why isn’t it dead yet? He owns Twitter outright. He’s not the CEO. He’s not a major shareholder. He’s the owner. Full stop. If the goal was to kill it, he could fire everyone, shut the doors and turn off the lights. So why hasn’t he?
By this person’s logic, Musk was willing to tank 200bn of his net worth to kill twitter. Why would he give a single flying shit about a lawsuit or four? At best he’d owe them back the value of their investment, which is apparently, according to the insane logic of the “He’s deliberately killing twitter” crowd, small change to see a single social media site dead.
Yeah I get that. But we were operating under the assumption that either a. he is mentally handicapped or b. he is intentionally tanking the company.
There is also the possibility that he is both deliberately destroying the brand while also severely lacking the mental acuity to understand that there are more feasible options available. I don’t personally subscribe to this theory, I can only subjectively say that he has made numerous questionable business decisions, and probably never wanted to buy Twitter in the first place.
Voroxpete@sh.itjust.works 6 months ago
Please explain the following:
lando55@lemmy.world 6 months ago
Can he? Genuine question, since I’d be interested to know if he’d be subject to litigation from the shareholders
Voroxpete@sh.itjust.works 6 months ago
By this person’s logic, Musk was willing to tank 200bn of his net worth to kill twitter. Why would he give a single flying shit about a lawsuit or four? At best he’d owe them back the value of their investment, which is apparently, according to the insane logic of the “He’s deliberately killing twitter” crowd, small change to see a single social media site dead.
lando55@lemmy.world 6 months ago
Yeah I get that. But we were operating under the assumption that either a. he is mentally handicapped or b. he is intentionally tanking the company.
There is also the possibility that he is both deliberately destroying the brand while also severely lacking the mental acuity to understand that there are more feasible options available. I don’t personally subscribe to this theory, I can only subjectively say that he has made numerous questionable business decisions, and probably never wanted to buy Twitter in the first place.