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by zuzululu 62 days ago
and I'm being completely neutral and objective in saying this: Elon Musk has been a horrible capital allocator but great at financial engineering. X is still struggling to win back advertisers (they will never come back) and still in the red. I have little reason to believe this is also another careful and shrewd financial decision.
2 comments

He spun that story into "he was saving democracy" so it sounds like he paid for that reason. He will do the same here, he never does a wrong move you just can't see the 76D chess.
Let’s buyback my friends who invested in that thing and they will help pump my IPO