[Ekaros]

Does he get some type of tax-writeoff or something by destroying Twitter entirely?

As I don't believe there is too many users who will pay for it and this will destroy relevance of it for everyone who is paying...

[Arnt]

He does, but the writeoff can't be bigger than what he invested.

Except when it can. It's often possible to do several investments at roughly the same time (within a few years of each other), lose massively on one and write off more than you invested on that one as long as you make a profit on the others and the profit is larger than what you want to write off.

[late25]

I think it’s that you can negate capital gains with capital losses. Even if, he’s losing money. His tax rate is not 100%.

[3cats-in-a-coat]

Tax write off won’t justify or make up for this. He’s just desperate and flailing like a man sinking in quicksand.

[timeon]

I think news orgs. area going to pay for it anyway. Seems to be dependent on the site.