Re:Twitter “no longer exists” as a company, merges into Musk...
by iamerroragent on Tuesday April 11, 2023 @02:23PM
(#35529104)
Um Twitter dropped in price AFTER Musk offered to buy it at above market value if I'm recalling correctly. He put himself in that position willingly.
He didn't buy it to liberate it. He bought it to make money off of it.
Before, he mostly wanted to "liberate" Twitter (whatever that means) and spread his brand. Money was a lesser factor.
But the massive financial loss changed the calculus. I dont think he would have so desperately tried to cut costs otherwise.