And what about his Saudi investors?
Comment on Is Twitter/X really going to shut down anytime soon?
Synthead@lemmy.world 1 year ago
Everybody in this thread is guessing.
Musk bought it, so it’s a private company, now. It’ll stay up as long as he wants it to stay up. How long are you going to keep your Minecraft server online? As long as you want to, right? Same thing, larger scale.
If he wants to close up shop, he can do that. If he wants to operate it regardless of revenue for the next 10 or 20 years, he can do that, too. He could also sell it, and then the next owners would decide what happens.
evanuggetpi@lemmy.nz 1 year ago
coffee_poops@sh.itjust.works 1 year ago
Yeah people are forgetting that he borrowed a lot of that money and even bet against his Tesla stock to make the purchase. If he can’t financially turn it around he’s going to be fucked.
unreachable@lemmy.id 1 year ago
saudi will
buytake it from musk, and run it as one of the aramco subsidiary
Taako_Tuesday@lemmy.ca 1 year ago
Yeah, what we’re witnessing right now is Musk downsizing to the point that he can basically operate it at a loss indefinitely. It’ll stay around until everyone leaves and he’s only left with bots and his own echo chamber, which could take a while.