this post was submitted on 16 Feb 2025
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Because it didn't make financial sense for them to buy it. The last I read up on the matter it seemed like Musk has lost quite a bit of money on it since he took over. Literally the ONLY reason Musk bought it was because he got into a pissing contest with the previous owners after he claimed he could run it better. He actually tried to back out of the deal a number of times but there was some kind of legal reason he was obligated to buy it after he made an offer
People keep saying he's an idiot making stupid decisions, which is true because he's a corrupted money addict but he's the second if not the first richest man in the world and he's now in the white house talking for the president. You are all getting fooled hard thinking he becomes more wealthy by accident.