I think he found himself between a rock and a hard place having to buy Twitter, but now he is realizing he can't make his money back and his attempts to alter the platform to his liking are failing miserably as well, he is probably dead set on killing it for good.

[–] Pons_Aelius@kbin.social 6 points 1 year ago (1 children)

I'm not so sure.

He owns it outright now.

There are no other shareholders to answer to.

If he wanted to close it down tomorrow, he could just turn off the servers and sack everyone.

[–] orcrist@lemm.ee 3 points 1 year ago (1 children)

It is likely that some of his employees have contracts, and he might have to pay out the remainder of those contracts, depending on the details and national labor law.

[–] hoshikarakitaridia@sh.itjust.works 1 points 1 year ago

I also think as he doesn't align politically with a lot of ppl on Twitter, he might wanna phase it out slowly, so there's no sudden jump in other platforms trying to take over the role of Twitter.

Ofc I have no evidence for that, but I could see him doing that.