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[deleted] t1_iupo1ck wrote

[deleted]

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King_Ofroad t1_iuqiqg8 wrote

This article does a good job summing it up

He used Tesla and SpaceX stock to back his purchase. If Twitter loses money, he loses power at his companies.

Over the last couple years Twitter has operated at a major (read billions of dollars) loss.

Musk is almost certainly not smart enough to figure out a way to make Twitter operate at a profit and as it becomes more of a cesspit, advertisers (the only source of income) will continue to bail.

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Khemith t1_iuquq7f wrote

Once Twitter becomes Twittler again, the investors and the ad revenue will evaporate.

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Shorty604 t1_iut7of1 wrote

lol not smart enough...

Stephen King one of the richest most successful writer is bitching about $20 for a platform he's been using for free. I don't care for cheap ass rich people.

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King_Ofroad t1_iut7z9l wrote

I'm sure musk will come and personally thank you for your valiant defense of his dipshit decisions any day now

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KristinSaysGah t1_iurdvmo wrote

And very wealthy celebrities are also moaning about paying a bill. 🙃

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herewego199209 t1_iurgee4 wrote

How are they moaning? They're saying it makes no sense that they need to pay for verification, which they're right. The entire point of being verified is for the followers to know they're following a legit person. The celebrities, journalists, entertainers, etc are the commodity on twitter. They're the draw. Asking them to pay to promote your product when they're the draw of the product is hilarious.

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Shorty604 t1_iut8039 wrote

Then they can go to another platform. Instead a bunch of millionaires are bitching about $20. It eliminates so much fake accounts and bot farms.

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KristinSaysGah t1_iurhmvc wrote

I’m not saying that I agree with the new verification rule but when they write a tweet that says that Twitter should pay them to write a tweet, I’d file that under “moaning about paying a bill.”

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basics t1_iusrfgk wrote

Why would they pay when they are providing the content? That's not how you get rich. Rich people already know that.

Asking Steven King to pay to be verified on twitter is like asking Tom Cruise to pay for the opportunity to be in the new Top Gun movie.

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