this post was submitted on 26 Nov 2024
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That's part of the joy, he bought the plot and still managed to lose the plot so quickly it's easy to argue he never had it to begin with.
He paid billions to play himself.
He paid billions (largely of other people's money) to influence the US election and world politics. He succeeded. He won.
I disagree that him owning Twitter causes Trump to win. I have not heard any credible source make this claim. This sounds like 4D chess nonsense. He clearly did not want to own Twitter and didn't know what to do with it either once he did and still had no clue how to use it.
Whatever responsibility can be placed on Twitter it would be them deplatforming him, allowing voters to forget how insane he is. This occurred prior to his purchase.
Rather than attempting to lay the blame for trumps second election on platforms, we need to come to terms with accepting that this is the direction that the majority of American's wanted. This includes those who did not vote, since their apathy allowed Trump to win.
A plurality of Americans are very very dumb. The entire world knows this. We pretend they just don't get us, know us, etc but we cannot ignore the reality exposed by these election outcomes.
Oh I don't think it was a major reason. He may have regretted it at first but that may have been bullshit. Now he's one of the most powerful people in the world, politically, until Trump turns on him.
I don’t think it can be proven, just like bezos owning the Washington post can’t be proven to sway things.
A bunch of billionaires owning consolidated media, what could go wrong?!
Trust me. Whether we can prove it or not, the whole purpose of buying Twitter was to kneecap the “left” in organizing (sorry but most are actually liberals, especially the PMC echo chamber that was Twitter and is now becoming Bluesky), push nazi content, and sway the election. Supposedly he’s going after the UK election too but I’ll be honest I haven’t been paying attention to that. A whole bunch of major democracies had elections this year. He swayed the most important one.
Not to mention I'm sure his tax cuts and deregulations will offset loses for buying X. Throw in gutting NASA, he opens more contracts for his companies. He will end up making money for sure.
He could do absolutely nothing but sit on the beach for the rest of his life and he’d be making more money off interest than we make in a lifetime
Assuming he lives to 88. And gets only 5% interest on his current money. Interest puts him over 1 trillion easy (around 1.8t) So assuming there are 450,000 users on Lemmy and we all make 3,000,000 dollars in our total lives... Yeah he will make about 1.5 times what me all make.
Sidenote: average stock market growth over 10 years has been around 11% I saw. So that would put his worth around 8.9 trillion in 35 years of just sitting on investments.
Great number choice haha. The fascists love the number 88!
It really goes to show how fucking nuts these billionaires are. They could fucking relax for the rest of their lives in luxury but that’s not enough for them.
Money is just a symbol for power. There’s never enough for these ghouls.