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Well he did overpay. He made that silly announcement right before the market dropped and got locked into a high share price. Word is he was pushing for a seat
by xenadu02 2y ago
Well he did overpay. He made that silly announcement right before the market dropped and got locked into a high share price.
Word is he was pushing for a seat on the board over being angry at having some of his tweets marked as untruthful or whatever but the pivot to buy was a last minute whim. No idea how true that is.
His obsession with the name "X" found an outlet though: throw away a ubiquitous brand name like Twitter that even ended up with its own verb just to satisfy his own itch to name something X. To be fair he owns the company now so he's 100% within his rights to make that decision. It's just a really bad one from a financial and brand awareness POV.
Oh and the whole "free speech" thing that was his supposed reason for all this has evaporated as he personally dishes out punishments to his enemies or people he doesn't like.
- Terr_ 2y ago> His obsession with the name "X" found an outlet though He still tried to name one kid "X", and then when that ran into legal problems he named the next kid "Exa", which seems like a really sad kind of hand-me-down.
- bediger4000 2y agoI'd go further on the "free speech absolutism" thing - Musk claiming that as a reason to lose so much money truly tarnishes the phrase. High profile virtue signalling followed by an unremarked dropping of something by a famous multi-billionaire and all around famous person cheapens the phrase and the concey.
- PaulHoule 2y agoI used to covet three letter domains. I worked for someone who was trying to corner the market in them a long time ago, I shoulda snagged one for myself. I have a lot of domain names that I've sat on for years that I haven't used, but if I had a single letter domain name I'd be pretty motivated to put it to use.