3 ms·
twitter was "acquired" by xAI which was then "acquired" by SpaceX as part of the IPO strategy, (and part of a strategy of giving the investors on the hook for
by efficax 3mo ago
twitter was "acquired" by xAI which was then "acquired" by SpaceX as part of the IPO strategy, (and part of a strategy of giving the investors on the hook for the twitter acquisition a return). Who knows how it performs, but yeah, now that it's the social media arm of the SpaceX conglomerate, it will likely be around for a long time, especially since it serves the basic function of stroking Musk's ego.
- munk-a 3mo agoIt is right and proper to view twitter as a loss leader propaganda arm.