Musk doesn't have to pay taxes on his stock unless and until he sells it, which ironically is what he has been forced to do in order to finance the Twitter deal

Musk doesn't have to pay taxes on his stock unless and until he sells it, which ironically is what he has been forced to do in order to finance the Twitter deal. So if he wanted to avoid paying taxes, purchasing Twitter was the dumbest idea ever. But I seriously doubt that was his reason. Money aside, Musk seems to genuinely enjoy using Twitter, and all the attention he gets from it, so it would be personally self-destructive for him to destroy the company in some kind of convoluted tax avoidance scheme. If he wanted to lose money, he could do it with a company he doesn't care about.