this post was submitted on 01 Dec 2023
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Everyone glosses over the fact that Elon didn't buy Twitter with just his own money. While he used a lot of his own money, he had a bunch of other investors included in the deal, and not one of them seemed to have an interest in Twitter's success as a business.
The largest investor, at $2 billion, was Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, and the Saudis were openly hostile to Twitter and would certainly like to see its destruction. This may sound conspiratorial, but I'd wager his plan was to ruin it from the beginning. I would be surprised (but not too surprised) if he's destroying it on accident
I have to believe you're right because the idea that someone that rich could also be that stupid upsets me too much.
What, really? Why?
Most rich people inherit their wealth. The idea that rich people have earned any damn thing is more like the exception than the rule.
[Citation needed]