He bought twitter because he was trying to do a pump and dump with the stock.
Maybe, but the fact of Saudi and Russian backing of his takeover and his turning twitting into (more of) a nazi propaganda shithole suggests that was the main purpose behind the acquisition - especially when the cost was an absolutely trivial fraction of his overall wealth.
Maybe, but the fact of Saudi and Russian backing of his takeover and his turning twitting into (more of) a nazi propaganda shithole suggests that was the main purpose behind the acquisition - especially when the cost was an absolutely trivial fraction of his overall wealth.
That’s why they loaned him the money. Most of his wealth is Tesla stock. He either needed loans or to sell a bunch of stock.