As Twitter ditches its iconic branding in favor of owner Elon Musk's favorite letter "X," its open source competitor Mastodon is once again seeing usage numbers soar.
It’s not just lemmy that’s benefiting from Elon Musk.
Foil hat time. Twitter was at one point a huge communications platform. People got news and opinions on daily happening almost immediately. He has successfully purchased that platform and destroyed the faith people had in it, in time for some of the most controversial events in recent history.
I mean, sure, assuming he doesn’t mind paying for that with 44 billion of his own dollar bucks, the devaluation of his other companies and the evaporation of his personal reputation.
Which is where my conspiracy theory falls apart. It mainly rests on fact that most of these decisions seem deliberate. Even an idiot by this point might start worrying about the loss of money. As much as he has, 40bil is considerable.
Considering that most of the market was stupidly overpriced, if you had 100b of worth in overpriced stock, and you had to choose between spending it or waiting for it to lose value over the next few months, what would you do?
Okay okay, now add the egotistical jerk trait and reevaluate the scenario?
You forget that it was an impulse offer, and he thought that most people that work at the company did not deserve to work there. He grossl overestimated how many new slave devs would be willing to replace the devs he fired. Experienced devs still get good pay and offers they don’t need to grind for cheap for Elon.
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Foil hat time. Twitter was at one point a huge communications platform. People got news and opinions on daily happening almost immediately. He has successfully purchased that platform and destroyed the faith people had in it, in time for some of the most controversial events in recent history.
I mean, sure, assuming he doesn’t mind paying for that with 44 billion of his own dollar bucks, the devaluation of his other companies and the evaporation of his personal reputation.
Which is where my conspiracy theory falls apart. It mainly rests on fact that most of these decisions seem deliberate. Even an idiot by this point might start worrying about the loss of money. As much as he has, 40bil is considerable.
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Considering that most of the market was stupidly overpriced, if you had 100b of worth in overpriced stock, and you had to choose between spending it or waiting for it to lose value over the next few months, what would you do?
deleted by creator
Okay okay, now add the egotistical jerk trait and reevaluate the scenario?
You forget that it was an impulse offer, and he thought that most people that work at the company did not deserve to work there. He grossl overestimated how many new slave devs would be willing to replace the devs he fired. Experienced devs still get good pay and offers they don’t need to grind for cheap for Elon.
deleted by creator
Tax write off perhaps?