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Musk’s Twitter Stake is Unadulterated Politics
He rolled in when his friend rolled out
When Jack Sweeney, 19, asked Elon Musk for $50,000 to shut down his bot that tracked Musk’s Gulfstream private jet, the richest man in the world politely turned him down.
Elon Musk can convert all his money into dimes, and build a ladder to connect the earth to mars. But he still remains very careful with his money. If a dime rolls out of his pocket, he will watch it all the way until it loses its energy and bring it back to his wallet.
A man who did not have $50,000 to stop a bot that was obviously a security risk is not going to drop nearly $3 billion on Twitter just to have fun. It is a deliberately calculated move to protect his and his group’s future influence.
Twitter ain’t going to make money for Elon Musk
If Musk wanted to make money, he could have simply bought more Tesla shares. The company he is leading has completely disrupted the auto industry and holds a solid 14% market share in the fast-growing EV market.