Comment by dragontamer
2 years ago
> 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.