People act like this is some spiteful thing he's doing in order to just post edgy memes or have a 'private' social media for himself.
Twitter, despite being a toxic place the majority of people avoid, brought in over 5 billion dollars last year. If elon removes bots, welcomes non-extremists back on, gets comedians and entertaining accounts back on board and lets people say what they want instead a bot army of shills repeating verbatim over and over and over... he could see that revenue rise quite a bit through people actually seeing value in advertising on twitter again. If he can keep operating costs down and get the ad revenue up further, he'll be repaying his initial investment within a few years, and if he takes this private he can IPO it again or sell it to someone else privately.
I wish him the best and hope he truly makes twitter somewhere that you visit that isn't just rage bait again.
Twitter, despite being a toxic place the majority of people avoid, brought in over 5 billion dollars last year. If elon removes bots, welcomes non-extremists back on, gets comedians and entertaining accounts back on board and lets people say what they want instead a bot army of shills repeating verbatim over and over and over... he could see that revenue rise quite a bit through people actually seeing value in advertising on twitter again. If he can keep operating costs down and get the ad revenue up further, he'll be repaying his initial investment within a few years, and if he takes this private he can IPO it again or sell it to someone else privately.
I wish him the best and hope he truly makes twitter somewhere that you visit that isn't just rage bait again.