Comment by DHPersonal
2 years ago
dragontamer, I'm not sure if you are replying to mandmandam or to me, but I will provide a response from the standpoint that the reply was intended for my message.
Musk may have not intended to purchase Twitter, but now he has it and it's costing him a massive amount of money. Losing more money by making it fail seems counterintuitive to the process of getting a return on an investment. The user mandmandam seems to be implying that Musk has been paid by Saudi oligarchs to make Twitter fail due to its history in causing disruption to their plans, but that seems to hinge on Musk's investment in the company, his personal reputation being deeply damaged, his stakes in existing companies becoming risky, and his future investments being tarnished, all being outweighed by whatever nefarious individuals are paying him. I think that because of how much he has personally lost in this Twitter fiasco that he would have to be receiving a huge payout for destroying Twitter. Therefore, I assume that no matter his intentions surrounding the purchase of Twitter, he is not malicious in his destruction of it but rather inept at running the company anywhere near the level of success it was experiencing before his purchase.
> The user mandmandam seems to be implying that Musk has been paid by Saudi oligarchs to make Twitter fail due to its history in causing disruption to their plans, but that seems to hinge on Musk's investment in the company
No. It just means that the Saudis think that Musk is a useful idiot.
Saudis can be trying to destroy Twitter and Musk can be trying to save it at the same time. Alas, this is how Musk thinks he's saving it. He's heavy handed, narcissistic and ignorant in the ways of online culture.
It certainly could be the truth, but I’m not convinced. An outside agent wanting to destroy dissidence by massively overpaying for Twitter and then running it into the ground seems like it would be inviting a replacement. Wouldn’t it be better to buy it and run it efficiently?
The Saudis already owned Twitter shares, and Musk allowed them to keep their shares through the transaction.
Saudis didn't "buy" shares during the whole event last year. They just kept the shares they already owned.