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The free speech absolutist. SpaceX is also now buying ads on Twitter, in something close to a direct cash transfer from the other minority investors in SpaceX

by cma 4y ago

The free speech absolutist. SpaceX is also now buying ads on Twitter, in something close to a direct cash transfer from the other minority investors in SpaceX to a business owned on leverage.

paxys 4y ago
Both Tesla and SpaceX could put every dollar of their marketing budget into Twitter ads and that still wouldn't get it out of the $2B+/year hole it is in.
- saghm 4y ago
  But it definitely could affect Tesla and SpaceX negatively as well, which I think is the point GP is making
- alk4 4y ago
jmyeet 4y ago
Not the first time. When SolarCity was on the verge of bankruptcy, owing SpaceX billions in credits, he arranged for Tesla to buy SolarCity and essentially bail out SpaceX. And yes of course Elon owned all 3 companies.
microtherion 4y ago
The other problematic aspect is that the customers of SpaceX (which probably don't pick launch providers from Twitter ads) include the US govt, so it's essentially a transfer of taxpayer money to Twitter.