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Value of X has fallen 71% since purchase by Musk and name change from Twitter
(www.theguardian.com)
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this post was submitted on 02 Jan 2024
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Technology
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Maybe, but I don't think Musk is running twitter for money. He's probably doing what every billionaire is doing. Buying media to shape public opinion. Turning twitter right leaning to build public support for conservative policies that will benefit his other business is probably the play.
Why worry losing 20bn when he could gain 50bn for SpaceX(SeX. Just seen that...) and Tesla? Sounds like a good return on investment.
And Tesla's first few car models were S, 3, X, Y (Ford owned the trademark on model E, so Musk had to go with 3).
I did not know that. He really is a manchild.