“I will explain the rationale in longer form”
The rationale: “I want your money”
I really hope all this bs causes Twitter to implode :inshallah:
the end of twitter and Musk losing $44 billion would be a good thing indeed
lol twitter debt financing is set to go from $30m/yr to $1by/yr because somehow youre able to buy a company and make that company carry the debt risk for its own purchase. The most twitter has ever made in a year was $660m. Elon is searching the fucking couch cushions here. I’ve heard that even if every blue check subscribes for $20/mo, it would work out to about $30-60m/yr, not even close to enough. We may be 5 years out from twitter just going bankrupt.
The CIA has its own private equity fund(s) and venture capital companies so if they need to recapitalize Twitter on the quiet, they’ll use those.
Good god what a terrible business man. He could get so much good PR by just making Twitter free of ads and subscription fees. He could afford it and it would be a free advertising platform for Tesla garbage.
But credit to him for proving day after day that wealth doesn’t equate to skill or savvy.
oh, so it’ll be some completely harebrained shit like “if every legit user buys the blue check, then we would know who the bots are”
