It just baffles me why he would buy Twitter in the first place and even more so why he paid what he did for it. PayPal -> Tesla -> SpaceX -> Twitter. How does that make any sense in any way. So there’s that from the start, but then why is he firing a torpedo into it. Was his secret plan to bulldoze Twitter from the start? That’s a lot to pay for revenge.
He made an offhand comment about buying twitter as a sort of “joke” but was then forced to go through with it thanks to the legal ramifications of said joke.
If Musk were a clever or brilliant thinker, as some people still believe despite all available evidence, one could assume that he has some master plan or that he’s making strategic decisions about the scope, scale, design and functionality of the service. He is not. He has not. He is running Twitter into the ground like Donald Trump ran the US government – fueled by fits of indignation and paranoia.
He’ll feel it because a lot of the deal was financed off of his Tesla stock. It isn’t that Musk will lose money from Twitter; he’ll lose some control over Tesla. Worse, it could push Tesla’s stock price down, which may be an issue as a lot of people shorted Tesla’s stock.
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