this post was submitted on 17 Apr 2024
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[–] baru@lemmy.world 10 points 7 months ago (1 children)

This seems like further confirmation of that theory that I saw posted on here that the Saudi oil barons funded Elon’s purchase of Twitter for the sole purpose of destroying it.

Then why did Twitter needed to sue him to get him to abide by the deal? Musk often promotes stuff in a pump and dump scheme. One of the many examples is when he briefly promoted bitcoin. He made loads of money off that.

I'm guessing he thought he could make a lot of money quickly in some way. But then interest rates rose quickly and whatever he was planning fell through.

[–] nikita@sh.itjust.works 2 points 7 months ago

It’s possible it was a initially pump and dump that turned into a Saudi funded venture. He’s a useful idiot from the Arabs’ perspective.