this post was submitted on 20 Aug 2023
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I absolutely believe he intentionally tanked it. Getting funded by the Saudis, though, means that he doesn't have to be smart to do it. He's just a puppet. Easy to manipulate, because though he doesn't need money, he does need attention. Perhaps the easiest kind of manipulation.
The Twitter buyout was partially funded by Saudi investors, and there hasn’t been much public discourse about whether they’re pissed it’s value has tanked or whether they wanted that to happen all along.
https://www.reuters.com/markets/deals/saudis-kingdom-holding-company-maintain-twitter-stake-2022-10-28/