06-01-2023, 11:29 AM
(06-01-2023, 09:24 AM)Nately120 Wrote: Ok I just hope that vaccine I got doesn't kill me before then. According to the internet, I'm on borrowed time.
What the financial gurus in this thread apparently don't get is that you don't lose money on something until you sell it, or if the product itself cost more to operate than it makes. Also, I don't think Musk bought Twitter to make money, although he certainly wanted to make it more profitable once acquired. I think he wanted a legitimate free speech platform on the internet. Also, look at all the doom saying after he bought Twitter and laid off a huge chunk of the staff. It would be only weeks before Twitter went down for good, he cut the staff too much, there's no way it can continue to function, etc. I've noticed zero difference in how the site runs since his takeover. I have noticed a major difference in the opinions people are free to express on Twitter. So, it looks like Musk was 100% correct about Twitter being a bloated company full of redundant and useless positions as well as being overly censorious towards conservative beliefs. I'm sure I'll be labeled a Musk stan because I'm not joining the "cool kids" in bashing him. Far from it, but I do appreciate that he has principles and beliefs and is willing to put his money where his mouth is.
As for him losing money, he's already back to being the world's richest man, with an increase in net worth of 55.3 billion YTD. So I think he'll be alright regardless of what he gets from Twitter if, and when, he ever sells it. https://www.bloomberg.com/billionaires/?sref=GYlFC92K
I do find it interesting how quickly the left turned on Musk once he espoused political opinions not in lockstep with the far left. He went from being the man who's saving the planet to literally Hitler, all because he doesn't believe in censoring people the left disagree with.
