It is consideted crass by the megarich to use their new money to overtly purchase politicians. They prefer to do it behind closed doors, mostly to keeo them cheap
Twitter was never profitable until data was worth enough and even then…
Musk tried to pump and dump the stock by saying it was worth much more than it was. Then he immediately got sued because if you manipulate the market like that and have the cash to pay, you have to or it’s considered a crime. Musk then tried to back out, shareholders threaten to sue, and he pretended he actually didnt wanna back out and bought it.
He purchased it at twice its market value and has since not only cut 80% of staff, but also lost 80% of its original value (not the double musk paid)…
Twitter only had value to musk because he wanted to use it as a disinformation tool to help SA/Russia/China. He immediately made it a right wing platform where this content is more valuable. It was a dumb decision, still has a dumb business plan and a fuckton of debts. The only reason it didn’t disappear completely is Musk is too rich, but it’s trending down. It’s projected to grow as the US becomes an oligarchy but not because it has real value. Musk wants to turn it into Facebook+ Cash app
Buying twitter was all in all a terrible business move and mostly to stroke elons ego. Sadly this is “too big to fail” territory
Sorry for the poor quality of that response. But I did not have much time at the time, and it’s hard for me to write in English (it’s not my native language). I thought it was important to point out that in your post, well argued in general, you had introduced a statement without arguments that I don’t think fits reality.[1].
Although this may be a licence to give more force to an argument, I find it especially alarming when this is aligned with the construction of a narrative to promote American imperialism —Yankee anti-imperialism as my subjective position— with an argument with a clearly racist bias —for example: removing the whiteness and Europeaness of ethnic Russians, inciting hatred of Asians, especially those of Han ethnicity and those of Chinese origin—. All of this promotes the fascist drift of the USA and its Western allies.
In any case, and to clarify, I am not accusing you of doing so intentionally, but rather that these types of statements, which seem to me to be at the level of QAnon or flat-earthers, strengthen this fascist drift. BTW, I would have upvoted it without that phrase.
Elon Musk lives in the USA, is a member of the US government, has not disagreed (or I am not aware of it) with the tariffs on China or Russia, most of his businesses are based in the USA, he has used the Skyline satellites concurrently with the geostrategic interests of the USA —at least in Ukraine and Iran—,… He could be a detestable human being and an opportunist politician, but their interests seem aligned with the new techno-aristocrat group of the states-unitians oligarchy-only party, now controlled by their Republican faction. ↩︎
Because it most definitely did. trump was banned from twitter, musk bought twitter and reinstated trump’s account. This little favor definitely allowed the two to get closer.
Twitter is one of the biggest social networks in the world and the most used by politicians worldwide. It’s quite obvious that his position allowed him to get more votes to his party.
Doesn’t make much business sense for megacorps to buy one of the biggest social media that allowed his new ceo a place in the white house?
It is consideted crass by the megarich to use their new money to overtly purchase politicians. They prefer to do it behind closed doors, mostly to keeo them cheap
Twitter was never profitable until data was worth enough and even then…
Musk tried to pump and dump the stock by saying it was worth much more than it was. Then he immediately got sued because if you manipulate the market like that and have the cash to pay, you have to or it’s considered a crime. Musk then tried to back out, shareholders threaten to sue, and he pretended he actually didnt wanna back out and bought it.
He purchased it at twice its market value and has since not only cut 80% of staff, but also lost 80% of its original value (not the double musk paid)…
Twitter only had value to musk because he wanted to use it as a disinformation tool to help SA/Russia/China. He immediately made it a right wing platform where this content is more valuable. It was a dumb decision, still has a dumb business plan and a fuckton of debts. The only reason it didn’t disappear completely is Musk is too rich, but it’s trending down. It’s projected to grow as the US becomes an oligarchy but not because it has real value. Musk wants to turn it into Facebook+ Cash app
Buying twitter was all in all a terrible business move and mostly to stroke elons ego. Sadly this is “too big to fail” territory
🤦🏼
Why am i not surprised to immediately find garbage like “genocide Joe” in your post history.
You couldn’t even formulate an argument. Thanks for making it obvious why to block
Sorry for the poor quality of that response. But I did not have much time at the time, and it’s hard for me to write in English (it’s not my native language). I thought it was important to point out that in your post, well argued in general, you had introduced a statement without arguments that I don’t think fits reality.[1].
Although this may be a licence to give more force to an argument, I find it especially alarming when this is aligned with the construction of a narrative to promote American imperialism —Yankee anti-imperialism as my subjective position— with an argument with a clearly racist bias —for example: removing the whiteness and Europeaness of ethnic Russians, inciting hatred of Asians, especially those of Han ethnicity and those of Chinese origin—. All of this promotes the fascist drift of the USA and its Western allies.
In any case, and to clarify, I am not accusing you of doing so intentionally, but rather that these types of statements, which seem to me to be at the level of QAnon or flat-earthers, strengthen this fascist drift. BTW, I would have upvoted it without that phrase.
Elon Musk lives in the USA, is a member of the US government, has not disagreed (or I am not aware of it) with the tariffs on China or Russia, most of his businesses are based in the USA, he has used the Skyline satellites concurrently with the geostrategic interests of the USA —at least in Ukraine and Iran—,… He could be a detestable human being and an opportunist politician, but their interests seem aligned with the new techno-aristocrat group of the states-unitians oligarchy-only party, now controlled by their Republican faction. ↩︎
…why do you think Twitter had anything to do with getting Musk into the White House?
Because it most definitely did. trump was banned from twitter, musk bought twitter and reinstated trump’s account. This little favor definitely allowed the two to get closer.
Twitter is one of the biggest social networks in the world and the most used by politicians worldwide. It’s quite obvious that his position allowed him to get more votes to his party.