Elon Musk's Twitter was fined $350,000 for snubbing the special counsel investigating Donald Trump
dangblingus @ dangblingus @lemmy.world Posts 0Comments 756Joined 2 yr. ago
dangblingus @ dangblingus @lemmy.world
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Elon is worth over $200B. He has many people on his team that advise him about his wealth and growing it. It's highly unlikely he bumbled his way into $22B of Saudi Arabian money, accidentally withdrew another $22B from his chequing account, accidentally fired over half of the staff at twitter, accidentally changed the name to the asinine "X", and accidentally made the company hemorrhage valuation. It was a calculated move. The only thing he wasn't prepared for was the price tag because he couldn't stop running his mouth. SA invested $22B into the acquisition because they wanted Musk to destroy the platform. Arab Spring and all that. Do you think that SA invested that kind of money directly because they thought they would see ROI? Hardly.