The site's now-departed founder Jack Dorsey weighed in on the acquisition after news broke that it was accepting the offer from Musk.
He wrote that he doesn't believe anyone should own or run the company. The singular solution I trust the most is the one that solved the problem of the company being a company. I trust that he will extend the light of consciousness.
The last line was an invocation of a phrase Musk used to describe his motives and to bolster his own business interests.
Musk said back in 2020 that the mega-ambitious, still-in-development spaceship that he says is necessary for the survival of the company was the Starship rocket.
In Muskworld, the plan is that a whole fleet of Starships will take to the skies like an interplanetary conveyer belt, moving countless brave settlers and tons of cargo to the Red Planet, where they will set up splendid dome cities.
On paper, that sounds great. It raises the inevitable question of why Musk is spending so much money on a platform that is clearly earthbound.
He is almost certain to distract from his space exploration goals at SpaceX and environmental ambitions atTesla, and that is on top of existing boondoggles like his Boring Company.
That is to say nothing of the financial commitment. After Zip2 and PayPal, Musk found himself with a large pile of money, somewhere in the low hundreds of millions, for those keeping score, and immediately shoveled almost all of it into SpaceX, which was seen at.
Thanks to the success ofTesla, Musk has a larger pile of money. He is the wealthiest billionaire on Earth by a significant margin.
He poured a small amount of resources into the company. It earned him a lot of ridicule, but now that the company is routinely ferrying astronauts to and from the International Space Station, he has gotten the last laugh.
What has changed? He has tens of billions instead of hundreds of millions. That could buy a lot of things. It might be enough to save Neuralink.
He's buying the bird site in a move that's almost certain to thrust him into a bunch of insufferable and deranged controversies.
In principle, Musk has said that the acquisition is motivated by a desire to promote free speech on the platform, but the reality is that he has done everything in his power to keep his employees and enemies from speaking freely. One reasonable interpretation? The whole thing has not been thought through by Musk.
At his best, Musk can be an effective and sometimes inspiring entrepreneur, guided by an eye on the distant horizon. He can spread himself too thin and show a weakness for not getting sucked into pointless feuds.
We have been seeing more of the latter recently.
Bill Gates was told to get lost in leaked text messages by Musk.