[PaulHoule]

There are a few takes.

One is that Elon Musk was able to curry Donald Trump's favor by destroying Twitter and setting an example. If he gets enough political power out of it to justify the cost it might be rational.

Another is that Elon just was not thinking straight. Like having a midlife crisis, possibly complicated by a neurodivergence. Remember how he tried to back out of the deal when the price collapsed but faced a lot of "external pressure?" Plenty of people spend money on something stupid around age 50, he just has a lot more money than most of us.

[EA-3167]

Well certainly if this has all been a carefully orchestrated plot to destroy Twitter, then Musk has been achieving his goal with a fairly high degree of plausible deniability. I do have some suspicions which lead me away from that conclusion though, such as the initial circumstances of the purchase, which seemed to be a case of him running his mouth and being held to it by a court. Or at least, being close to that, and then caving in.

Now if that was 5D chess all along, with the high price of the purchase being an investment in this long-term project, then my hat is off to the man.

To the second point I think that's probably closer to the truth. We recently had a post around here about someone contemplating their life after becoming wealthy, and by the time buying Twitter was even on the horizon, Musk had been unbelievably rich. For someone who may have wanted more- political power, attention, acclaim- maybe the combination of mid-life the above factors led him astray.

I can also imagine his alleged drug use could play a factor, the degree to which that kind of thing can derail ANYONE shouldn't be understated. Maybe he just has so much money that buying Twitter and running it into the ground doesn't actually matter; it certainly doesn't impact his lifestyle. Sure the numbers on the page went down, but did he really feel it? Tesla and SpaceX alone ensure his enduring success, not to mention wealth.

[PaulHoule]

It's the fact that he got other investors involved which is mind-boggling to me. On the other hand I can imagine the last man bitterly complaining that we could have made it to Mars if Elon Musk just wasn't so obsessed about Twitter.

That said, there was always something about Twitter that seduced certain people, particularly journalists.