Elon will lose money in Twitter

submitted by [deleted] from self.PredictTheFuture

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[–]jet199 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

In think he expects to lose money but he isn't buying it to make money but for power/influence so he doesn't care.

Also twitter has been profitable at one time. It was making money when Donald Trump was tweeting then as soon as they kicked him off the company went back to making losses. Elon literally only has to reinstate a couple of accounts to completely turn the fortunes off the company around. Which begs the question, why have twitter employees been active pushing policies which are running their company into the ground?

[–]HiddenFox 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Which begs the question, why have twitter employees been active pushing policies which are running their company into the ground?

The money is not theirs, so loosing it has little effect on them... they are acting because they believe they are holding the moral high ground. As well as a belief that twitter is too big and will never fail.

I think people are correct in saying Musk didn't buy Twitter to make money but to help push free speech for all. Good for him. I do believe Musk is overrated but this move definitely improves my perception of him.