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When Elon took over Twitter he told investors he'd triple ad revenue within 5 years. It's now been almost four years... and he's wiped out 2/3rds of the ad revenue (basically revealed in footnotes to SpaceX's earnings).

Techdirt@techdirt.com

SpaceX’s Earnings Show Elon Wiped Out Two-Thirds Of Twitter’s Ad Business When SpaceX filed for its IPO, we went through the S-1 to point out just how far off the mark Elon Musk's... https://www.techdirt.com/2026/08/10/spacexs-earnings-show-elon-wiped-out-two-thirds-of-twitters-ad-business/

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I find it impossible to have any semblance of sympathy for people who watch these con artists defraud one investor after another for decades and then decide to invest in their next pyramid scheme.

He was very good at building/launching apps that were hyped up like crazy, getting a bunch of kids to use it for like 3 weeks... and selling it to a larger company right before their usage collapsed.

Is the answer to “how is Musk good at business” because he convinced a bunch of people to go all-in on an obviously bad bet? Or maybe the real money was turning the social media service of record into a Nazi bar along the way.

There is no escape. You will find out soon enough. You can't stop the #discourse. You can only hope to contain the #discourse. In all seriousness, just another one of those X bros over here for a few hours, setting records for hole-digging. I am amused by such spectacles, but I get that you're not.

I remember The Information gushing about Elon's fantastic plans for "the everything app" and god knows what else. To watch media outlets pretend Elon bought Twitter because of some business idea was hilarious. Everybody knew he bought it to create a safe space for the assholes of the world