Elon Musk's ideas about making his Twitter purchase pay off don't seem to add up
This post was originally published on this site
Amid questions about whether Elon Musk’s purchase of Twitter will ever be finalized, details are trickling out about how Musk has claimed he’ll make the finances work, and … they’re about as confidence-inspiring as the average Musk tweet.
Musk tweeted that he might eliminate salaries for Twitter’s board, which would save around $3 million, or a couple days’ worth of the interest he’ll owe for the loans he’s taking out to buy the company. He has also deleted tweets floating ideas like reducing the company’s dependence on advertising. And he reportedly told the banks he would find new ways to monetize tweets, such as charging third-party organizations to embed certain tweets, a plan likely to get third-party organizations to rely less on Twitter.
RELATED STORY: Elon Musk starts encouraging abuse of Twitter executives the day after purchase deal announced
That’s not the only questionable thought Musk has floated. “For Twitter to deserve public trust, it must be politically neutral, which effectively means upsetting the far right and the far left equally,” he tweeted, showing that he has not followed the history of moderation at Twitter and other social media platforms, where cracking down on actual hate speech and disinformation has been a major challenge—but not one that upset the far right and far left equally.
Musk also showed that, in addition to seeing himself at the absolute center of existence, he knows nothing about U.S. politics in recent years, with this:
People on Twitter had some thoughts about that one.
Who knows, maybe this kind of thing is what Musk had in mind when he tweeted, “Let’s make Twitter maximum fun!”
RELATED STORIES:
Twitter announces sale to Elon Musk as his recent tweets show what a bad idea that is
Man who climbed up government-funded ladder endorses burning ladder now that he’s safely at the top
Don’t buy a Tesla unless you’re okay with Black workers being brutalized by racist managers