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My guess is it works out more cost effective to buy an existing network of customers than it does to build from scratch.
Honestly, I don't think it was a bad move considering all the options. I do think he got the timing wrong, overpaid, pissed off a lot of people and still has a long way to go. It's like trying to transform a submarine into a space ship while people are still on it.
Many have doubted Elon before but I wouldn't bet against him.
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For sure. You raise a good pov. I also wouldn't bet against him. You don't become a billionaire by dumb luck.
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Not that farfetched really. I don't understand how/why buying a social media site contributes to that "mission". But Elons a narcissist so it could have very well been an ego buy. It would be good to see a billionaire step up and have the financial weight to actually make a difference. But when the system is built to benefit the rich. Honestly I see even those with the best initial intentions being caught up by greed in the end.