this post was submitted on 30 Nov 2024
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Enough Musk Spam
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It's missing that Musk was fired for incompetence
It's missing that Musk paid twice the value of twitter, then tossed it off a cliff making it worth only 20% from the original value. Basically he just pulled a joker and burned a huge pile of money for shits and giggles
Musk has gotten his money's worth, and thensome, from Twitter.
Just because it went down in monetary value doesn't mean he hasn't benefited in other ways. He most definitely has.
I mean, he could've had both the influence and the money if he played it smart.
True but through buying Twitter he also obtained the ability to suppress other people. Xitter hasn't been replaced as the global town square. It's starting to become obvious that a lot of the accounts of people who directly criticize Musk, or say things he and his buddies don't like will be suspended. There's no way he could keep his money and stifle other people's free speech, because that's what he bought. He didn't buy Twitter, he bought complete control over the ability to suppress speech in the global town square.
That depends on whether you think Twitter swung the 2024 election.
DOGE will probably double that money the way he's planning to run it.
Oh absolutely. Trump found his Goebbels. And aside from that, he's talking about axing departments that effect him and his business. He's already talking about CFPB and he had been talking about making X into an everything app (including handling payments), which CFPB would absolutely oversee.
I'm sure he'd be looking at NHTSA for Tesla and EPA for all the lithium he's gotta deal with, too.
Who will benefit from this? Certainly not the X users who will get defrauded or hit with excessive fees. Certainly not the people who get hit by injured or killed by self-deiving Teslas that were prematurely approved, or people drinking polluted water from runoff from lithium mines.
And there will likely continue to be no oversight over social media or any of the internet. Fake news will continue to spread virally with even more velocity than it does now. Probably exclusively on X, since Musk has known to have a long standing feud with Zuck, and will probably directly impair him. I have a funny feeling Meta will become an unlikely ally in the resistance.