- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
Friday is the one-year anniversary of Elon Musk’s $44 billion takeover of Twitter, which he subsequently renamed X.
The big picture: Musk gets to benefit from the long-term nature of private equity. Which is good for him because, in the short term, this deal has been a steaming pile of blue bird poop.
It was never a bet, pretty sure it’s obvious to most everyone he did it to destroy it because he’s a child who can’t handle not being the center of attention.
It was never a bet. It was him attempting to inflate the price by saying he would buy it above the share price at the time. It was an attempt at market manipulation and the SEC made him go through with it.
This more business than technology.
I swear I won’t stop yelling about musk spam until it ends.
!EnoughMuskSpam@kbin.social this is where the musk spam belongs
Holy fucking hell. It’s only been a year?
“let that sink in”
Hard to believe it’s both been that long and hasn’t been that long.
Rule of life #1. Do not mention he who cannot be named.
Voldemort?
I like to refer to he which cannot be named as “musky chodelet”