- Elon Musk purchased shares of Twitter after unsuccessfully petitioning the CEO to remove a Twitter account tracking his private jet.
- Musk’s personal gripes played a key role in his $44 billion acquisition of Twitter.
- Musk banned the account after promising not to, highlighting his prioritization of getting his way over free speech.
Archive link: https://archive.ph/ttBv9
So is Taylor Swift going to buy it next?
Probably. She’ll change it to eX. Tweets will be ditty and you’ll be required to sing them.
She would keep the pay to play mentality though, as that’s how she got her start after all
snap snap snap and dance fool
I’d go for Swiffer.
YES
With that name, she’d clean up!
What a fucking glorious waste of fucking money. YOU CAN FLY COMMERCIAL YOU ASSHAT.
And sit with the peasants? No way.
This won’t stop people from trying to eat him though.
I don’t wanna eat Elon I don’t know where he’s been and ketamine had made that meat all stringy.
What stopping someone from recreating this on mastodon or any other website?
There is nothing special about Twitter which allowed people to track this jet.
They have links to all of the various social media sites for all the celebrities they track.
I think it’s really about visibility. If you don’t have the same visibility as twitter, you can have this wherever, it doesn’t matter.
The guy running it did just that.
Musk’s actions are hilarious and pathetic. Anti censorship hero censored… Public data.
I said Musk would attempt to buy Twitter as soon as Reddit started posting about him being angry about the jet tracking.
People told me I was crazy, nobody would buy a social media platform just to suppress one account.
It was obvious - Musk behavior is clearly that of an insecure teenager, paired with a lot of money.
So… it was a really good call from the CEO to not remove the account?
So the full story would be that Elon stayed up until 5:30 a.m playing Elden Ring in a Vancouver hotel - was very stressed, saw on Twitter that people knew he was raging in Vancouver based on the Jet Tracker - stressing him out even more -
Though “Fuck it, maybe I can’t beat Malenia, but at least I can beat this asshat on Twitter tracking me!”…If only FromSoftware had added some pay-to-win elements… Like “For A Small $1 billion Micro-Transaction you get the uber Malenia slayer sword!” -
We would be living in a totally different timelineFor perspective, $30 billion would afford the food and freight to feed every human on Earth for a year.
Less than that would make him a god in Haiti (that is, elevate the nation out of crisis and put a bronze statue of Musk in every state park commemorating how awesome he is.
A few billion could provide free high-speed internet to everyone worldwide. Curiously Musk considered this, but then wondered how to get everyone to pay fees for it.
I’m having trouble figuring out the math for this. My assumptions lead me to divide $30b by 8b people, which is about $4/person. I’m not confident that people can eat on $4 for a year.
What am I getting wrong?
That the costs scale down the more massive the production. If you’re in the industrialized world, the money you pay for food is almost all profit. Not the cost of agriculture, not the cost of harvesting and packaging, not freight time, maintenance and fuel, not logistics and accounting. Profit.
Most of our money spent is bribes goes in the pocket of each of the capitalists along the way taking their bit of rent.
Maybe it’s to provide food security just for those who don’t already have it
They clearly stated
food and freight to feed every human on Earth for a year
It’s a shit load of money, but let’s be honest you need way more than that to feed everyone. If Musk decided to donate all of his fortune, then maybe that’d be true.
Musks fortune was only 340b at its peak, and the moment he tried to access 44b of it for Twitter it collapsed the price.
Even 340b is still only $41 a year for everyone.
Yea even assuming the 340b a 25 pound bag of rice was about 22 bucks when I googled it and about the same for cheap beans. Maybe between the two a person could survive a long time but it wouldn’t be pleasant. I’m sure if you buy in those bulks you could get it for way cheaper too but still, math doesn’t add up.
Based on the prices I looked up you could feed everyone on Earth 1,800 kcal of potatoes for one day for around 40 billion USD. So… lets do it! Global spud day! Don’t ask me where to get a pot that big for boiling all them taters though.
I just did the math myself before seeing your comment and you’re right that math is fucked lmao.
A few billion could provide free high-speed internet to everyone worldwide
Since there is about few billion people on earth, does that mean that high speed internet costs about a dollar per person? You did not think this through, did you?
There are eight billion people on earth, so it’s even cheaper. Internet access is one of those things that requires infrastructure that gets cheaper per user as it scales up. At a global level, yes, internet should be ridiculously cheap per capita.
The cost we pay here in the US is mostly profit for the oligopolies that control the last mile. Licensing fees because they control access via legal obstruction. If I were to create a community server, it could be much cheaper as a non-profit cooperative, but for the cost defending from litigation from the established chains.
In other words, cost of the internet is inflated by force, not because internet access is expensive to construct and maintain.
Assuming this is true, there are methods to have the same result that are way less expensive…
Yes. By giving the jet tracking account $50,000 that the kid asked for.
How much even is that to someone like musk?
LOL. There’s a silicon valley bigwig jet tracker that I see pop up on my Reddit account, and I’m not even that interested in it.
Elon Musk burning billions of dollars to not have his public information publicly posted is one of the biggest Ls he’s ever taken and that’s a long list to fight to the top of.
I love that for him 🥰
And totally on par for him.
And you know the worst part about it? Burning that amount of money makes basically zero difference in his life.
Why settle your jet-tracking beef when you can just eat it?
I wouldn’t doubt that was his initial motivation for making the suggestions.
I also remember that he tried to back out of buying Twitter multiple times. While doing so he was pretty public about all the crazy crap he would do with Twitter.
Despite all that Twitter went to a judge and got them to force Musk to complete the sale. He’s a crappy CEO for Twitter but it’s kind of on the former Twitter leadership for forcing that situation.
He offered Twitter more money than the company was worth with no due diligence.
The leadership of the board could have been sued by shareholders if they didn’t push Elon to actually pay over market value.
The end goal of any for profit leadership is to make as much money as possible and exit.
I think he was trying to get out of Twitter and wanted to do a real life version of his Dogecoin pump and dumps. You know, talk a big game, hype up how the stock is gonna go to the moon after he brings his genius to bare on the company, then dump the stock and pull out of the deal. However, during the hype phase he managed to say some legally binding things and suddenly found himself forced to honor what he thought was going to be empty hype.
Pretty sure that’s illegal
So is racking up debt in shell companies and claiming bankruptcy on them but it didn’t stop Trump either.
That’s his entire business model. Just look at starship, hyper loop, solar roofs and Tesla semi. Overblown Tesla stock bubble too. All complete vaporware, but he profits greatly from the hype alone. He belongs in prison as he is a classic conman.
As much as I personally dislike Musk, Starship does not belong on that list. It is the largest and most powerful space vehicle humanity has ever launched successfully and landed! It is re-usable and can potentially carry up to 100 people or 300,000 lbs of cargo.
Nothing like that has ever been done before, and the advancements in science that will follow humanities expansion into space cannot be overstated.
100 people are, like, 19,000 lbs. Why the weight difference between 100 people and just cargo? Because of life support systems?
1 ton per person for living quarters, supplies, etc. I’m not sure if life support is part of that, and also not sure how exactly they settled on 1 ton.
SpaceX has stated that Starship, in its “baseline reuseable design”, will have a payload capacity of 100–150 t (220,000–331,000 lb)
People who control the organs of communication usually end up writing the laws, even if it’s at arm’s length.
When has that stopped billionaire dummasses?
It’s worse than that. The usual way of buying a company is a memorandum of understanding followed by due diligence, followed by signing a contract and then the actual completion. Elon went straight to signing the contract and then had big old shit fit when the Twitter board held him to the terms of the contract and the penalties for pulling out.
I honestly thought this was common knowledge.
I’m also convinced the entire purchase was an accident but I think he was doing the usual far-right “try and shame people for standing up to nazis”.
He did more than say legally binding things. He signed a contract. That had a clause in it to prevent him from backing out, because the management at Twitter fully expected him to try it. I think he had made several gestures at buying before to try and get some kind of influence over how it was being run, so they drew up the contract to make him put up or shut up.
Makes you wonder what the og twitters guys are doing now besides drinking mai tais on the beach
All that money could have gone to something useful that would have benefited everybody and instead it went into investors pockets
Like the $6 billion Musk promised to end world hunger.
