Is Elon musk's buying of Twitter fueled by Jack Sweeney??

[AjithBtc]

I don't think Elon Musk is afraid of this. the reason he bought twitter is because he wants to have a social media platform. I've read his interview some time ago, he showed interest in creating a social media platform, and in one of the interview sessions he said it was easier to develop an existing platform than to develop from scratch. and after some time passed, he finally acquired twitter. So this might be the answer to his past interview.

For someone like Elon this is without a doubt the easiest path, developing a social media from zero is possible but gaining enough users is the biggest challenge as most people are happy with the number of social networks they belong already, so unless you can build something completely innovative then it is better for him to buy an existing social media platform and then adjust it to his vision, which is exactly what he is trying to do after he bought twitter.

Gaining good userbase is really a tough task. Elon Musk always tries to provide service to certain level of people. Particularly his focus will be over the elite and not upon the common people. For this reason surely a social networking platform could've never been this successful if he have developed it from the scratch. Even now he have planned for charging certain category of users which isn't a needed one for a social networking platform.

[Darker45]

I really doubt it. Elon Musk buying Twitter is more of the desire to earn more and control more. It must not be out of fear. Elon Musk ventured into the great unknown with his space program. Why should he even cower at a child's trick? The richest man on Earth is even trying to colonize Mars, and you think he is afraid of a young boy? For goodness' sake! Elon is not even taking this child seriously.

[19Nov16]

Many speculations circulating after Elon Musk bought Twitter, some even said that there were people behind Elon Musk who pushed and helped Elon Musk to buy Twitter, but I'm sure that Elon Musk bought Twitter because he had big plans in the future.

[Reid]

44 billion dollars just to shut down the Twitter account of the kid? What?!
Maybe he could pay someone to kill the kid for just a billion but instead he went through the trouble of paying more and he ain't even dead yet and won't stop pestering his jet. He just stopped the account or even an IP ban can be bypassed.
I doubt that's the purpose of it. There's more to it but of course its sacred. It will all be a surprise to social media but we here in crypto space might have a clue about what will happen.

[Viscore]

Surely he could have saved 44 billion dollars and offered the kid 50k instead, no?

He's already said he hopes his critics stay on Twitter. It's not much of a profitable enterprise anyways, so he'd be better off not arbitrarily banning people like the current model the executives have in place. He probably bought Twitter out of boredom and because he can afford it.

I guess its more on he bought Twitter because has the money to buy it, and it will pave way for his own real intentions to still make money the most. And definitely, if he thinks Sweeney can compromise his own plan, then he must have settled with him in a way that only Sweeney and him know the deal. But whatever it is, it does not change the fact that Elon always takes advantage where there is a great way is. At the end of the day, i just hope Elon's owning Twitter can bring improvement for the platform as much as it will bring also a lot of advantages for him.

[arwin100]

Surely he could have saved 44 billion dollars and offered the kid 50k instead, no?

He's already said he hopes his critics stay on Twitter. It's not much of a profitable enterprise anyways, so he'd be better off not arbitrarily banning people like the current model the executives have in place. He probably bought Twitter out of boredom and because he can afford it.

I guess its more on he bought Twitter because has the money to buy it, and it will pave way for his own real intentions to still make money the most. And definitely, if he thinks Sweeney can compromise his own plan, then he must have settled with him in a way that only Sweeney and him know the deal. But whatever it is, it does not change the fact that Elon always takes advantage where there is a great way is. At the end of the day, i just hope Elon's owning Twitter can bring improvement for the platform as much as it will bring also a lot of advantages for him.

Don't think Elon will be influenced to buy something by anyone since for sure he's smart taking advantage om certain situation for his personal gain. Maybe there's little convincing factor but I believe Elon see the huge potential of twitter for getting more gains since he know how powerful the social media is. Hopefully there's no censorship and free speech will still here and he will not be manipulated by government.

[abel1337]

Surely he could have saved 44 billion dollars and offered the kid 50k instead, no?

He's already said he hopes his critics stay on Twitter. It's not much of a profitable enterprise anyways, so he'd be better off not arbitrarily banning people like the current model the executives have in place. He probably bought Twitter out of boredom and because he can afford it.

I guess its more on he bought Twitter because has the money to buy it, and it will pave way for his own real intentions to still make money the most. And definitely, if he thinks Sweeney can compromise his own plan, then he must have settled with him in a way that only Sweeney and him know the deal. But whatever it is, it does not change the fact that Elon always takes advantage where there is a great way is. At the end of the day, i just hope Elon's owning Twitter can bring improvement for the platform as much as it will bring also a lot of advantages for him.

Don't think Elon will be influenced to buy something by anyone since for sure he's smart taking advantage om certain situation for his personal gain. Maybe there's little convincing factor but I believe Elon see the huge potential of twitter for getting more gains since he know how powerful the social media is. Hopefully there's no censorship and free speech will still here and he will not be manipulated by government.

I agree with you, Elon is a smart guy and knows how to take advantage of things, We did see how he controlled DOGE before when nobody even see the potential of that coin. I think those existing features wouldn't be remove, It is what twitter makes unique and because of that they are great. Elon would just be adding or incorporate some web3 features such as NFT's and signed wallet/account for us to be verified.

[Hamphser]

Surely he could have saved 44 billion dollars and offered the kid 50k instead, no?

He's already said he hopes his critics stay on Twitter. It's not much of a profitable enterprise anyways, so he'd be better off not arbitrarily banning people like the current model the executives have in place. He probably bought Twitter out of boredom and because he can afford it.

I guess its more on he bought Twitter because has the money to buy it, and it will pave way for his own real intentions to still make money the most. And definitely, if he thinks Sweeney can compromise his own plan, then he must have settled with him in a way that only Sweeney and him know the deal. But whatever it is, it does not change the fact that Elon always takes advantage where there is a great way is. At the end of the day, i just hope Elon's owning Twitter can bring improvement for the platform as much as it will bring also a lot of advantages for him.

Don't think Elon will be influenced to buy something by anyone since for sure he's smart taking advantage om certain situation for his personal gain. Maybe there's little convincing factor but I believe Elon see the huge potential of twitter for getting more gains since he know how powerful the social media is. Hopefully there's no censorship and free speech will still here and he will not be manipulated by government.

I agree with you, Elon is a smart guy and knows how to take advantage of things, We did see how he controlled DOGE before when nobody even see the potential of that coin. I think those existing features wouldn't be remove, It is what twitter makes unique and because of that they are great. Elon would just be adding or incorporate some web3 features such as NFT's and signed wallet/account for us to be verified.

He wont really be making himself to be billionaire if he wasnt that brilliant or wise enough on every decision that he do makes whether there are some influenced by other people or simply do make out solely on his

own decision on which its not something surprising and on whatever things that they do have in mind specially into their intents then its none of our business.He had bought Twitter and we dont know on what would

be his future plans with this platform or on what things would be integrated or what would be removed and everything would really be still question mark,

[Lucius]

I'm sure no one gives $40+ billion because he's bored in life, even if he has a lot of money, which is definitely the case here. Any form of media that has a global impact such as Twitter is something that goes beyond the business aspect, and can also be considered as an investment in shaping public opinion.

The real reasons for the purchase are not known to us, but it is certainly not to shut down an account that only published data that is already publicly available to everyone.

[Pomogator]

I think Jack has nothing to do with this purchase. Elon has long wanted to create his own free social network, but in the end it turned out to be easier to buy a ready-made version and adapt it a little for himself. In general, the story with Jack is very interesting, it was very in vain that he did not agree to $ 5,000.

[Wexnident]

I'm rather amazed at how people find connections for the weirdest of things. He's an entrepreneur, he wouldn't have reached his current position if he couldn't use his brain to think about stuff,  and buying Twitter based on this kid certainly isn't one of them. I wouldn't even consider Musk having "impulsive" actions, pretty sure they all have some thinking behind them one way or another. Plus I don't think he gives a damn about what people think about him, so I don't think being "afraid" of jack is plausible.

[kamilah147]

Many speculations circulating after Elon Musk bought Twitter, some even said that there were people behind Elon Musk who pushed and helped Elon Musk to buy Twitter, but I'm sure that Elon Musk bought Twitter because he had big plans in the future.

Yes, that's right, many netizens think Elon Musk bought Twitter because of encouragement or other reasons that do make Elon Musk look regulated. but i also think that elon musk bought twitter because of his own intentions for his big plans. While he hopes Twitter remains a medium of free speech, he has other big plans. Elon Musk has surprised people with what he's been up to lately.

[yawars20]

Well the Jack Sweeney case was quit unusual but celebrities face this kind of issue from paparazzi all the times. So we can not said that Elon musk did just because someone was attacking his privacy.
If you following Elon musk's tweets for long time you already know who found of Elon musk is toward twitter is and his eyes was always to create an open platform for everyone to express there thought was and now he take this opportunity to modify what already is there to the betterment of so many. But it doesn't mean that someone can speak anything in the name of freedom of speech to violate someone personal life religion, race or anything. This can't be tolerated.

[Zilon]

There could be correlation between Elon musk and  Jack Sweeney in purchasing twitter account because after all twitter isn't the largest social media platform he could have gone for others or possibly create one with some unique offers that will be more catchy compared to twitter. I think something fishy lies behind his twitter purchase. I think what he intends to do with the purchase will bring his intents to limelight

[takuma sato]

The power of Twitter cannot be measured in the nominal terms of just looking at PE ratios and so on. Twitter has a lot of political power that is not considered in traditional stock fundamental analysis, that's why it doesn't matter if it's not profitable within itself, you put yourself in a position of power by owning it. Of course Elon will try to find a way to make money out of it directly too.

I don't like this idea that Twitter depends on the mood of whatever latest billionaire has bought it tho. You never know who will buy it next.

[endut15]

There are so many rumors circulating about Elon Musk. I would argue that Elon Musk has big plans after the twitter purchase. one of them is making Twitter a paid platform like Facebook, tiktok and others. I'm not sure anyone else sparked Elon Musk. The richest person in the world cannot possibly be managed by a teenager who is only 19 years old.

[Silberman]

44 billion dollars just to shut down the Twitter account of the kid? What?!
Maybe he could pay someone to kill the kid for just a billion but instead he went through the trouble of paying more and he ain't even dead yet and won't stop pestering his jet. He just stopped the account or even an IP ban can be bypassed.
I doubt that's the purpose of it. There's more to it but of course its sacred. It will all be a surprise to social media but we here in crypto space might have a clue about what will happen.

It is completely illogical especially when we take into account that Elon believes in freedom of speech, so if he banned someone for personal reasons and that did nothing wrong then it would become plainly obvious that he is not willing to hold up those ideals at all and that Twitter will just become his own personal toy instead of the platform for free speech that he wants it to be, so when we begin to think about this it does not makes sense at all for Elon to invest so much money for something so small.

[Sir Legend]

I believe that Elon Musk bought Twitter because he has his own beliefs, he is a rich person who fought from scratch so that every decision he makes is of course through deep consideration, but whatever he does after buying Twitter, of course, he hopes that Twitter will shine and fully support cryptcurrencies. .

[Bitcoin2009]

Elon Musk certainly has a team that does an in-depth analysis of Twitter's prospects, I'm sure he bought Twitter for bigger business interests and he plans to make Twitter a social media that supports cryptocurrencies.

[kryptqnick]

I don't think that's the reason, if that's true at all. If it's a security risk, wouldn't it be possible to contact authorities? Anyway, at first I thought the kid was a dick for asking a lot of money. Then I saw the account has almost 460k followers, which is quite big and thus certainly more valuable than $5k. And Musk is very rich, so why not just pay up and settle it. In any case, that would cost way less than buying Twitter, much less. So the explanation doesn't sound reasonable.
And, in any case, I don't think it will affect the crypto market.