Elon Musk, the CEO of Twitter/X, is floating an idea that he's had before to remedy the problem of social media bots: charging people to use social media.
He didn't buy the company with the intent to kill it, he didn't even intend to buy the company at all. He made a joke offer to buy the company and took it to far, so they were able to sue him and force him to buy the company. If anything he hoped to get some trade secrets out of them before withdrawing the offer.
Hey guys, check it out, I'm entering into a legally binding contract as a hilaaaarious joke. So funny, oh my lmao! I'm such a joker. You know me, I just do it for the rotfls.
He’s really just incompetent. He’s going to go down in history as the greatest example of upward failing ever. He’s just held onto shares for companies that happened to work out - most of the time despite his best efforts - and was frequently fired for it.
He’s a con man who has fallen for his own con and thinks he’s actually as smart as he pretends to be.