Theory : Musk destroys Xwitter for reduce his debts to banks - eviltoast
It sure looks like Elon Musk is deliberately destroying X
www.businessinsider.com
Musk's "go fuck yourself" remarks to X's advertisers seemed pre-planned, said one expert.

The billionaire had last year tried to back out of his $44 billion offer to buy what was then Twitter, but financed the deal by borrowing $13 billion from a consortium of banks. (…)

Musk may be looking to reduce those payments by ensuring X isn’t worth very much, Bloomberg commentator Matt Levine posited in January.

  • TropicalDingdong@lemmy.world
    5·
    1 year ago

    Hanlon tought us: Never account to malice that which is adequately explained by stupidity. Buying twitter was never really thought trough. It was a joke, a meme. Something never meant to be taken seriously. He was sure he could alter the deal. But he couldn’t. Instead he instead of Lando was left with the clown’s shoes, unicycle and ballerina outfit.

    I think its great that we disagree, but I also think Hanlon would be surprised by the extant degree of malice out there. Shits piling up.