- Elon Musk purchased shares of Twitter after unsuccessfully petitioning the CEO to remove a Twitter account tracking his private jet.
- Musk’s personal gripes played a key role in his $44 billion acquisition of Twitter.
- Musk banned the account after promising not to, highlighting his prioritization of getting his way over free speech.
Archive link: https://archive.ph/ttBv9
I’m having trouble figuring out the math for this. My assumptions lead me to divide $30b by 8b people, which is about $4/person. I’m not confident that people can eat on $4 for a year.
What am I getting wrong?
I just did the math myself before seeing your comment and you’re right that math is fucked lmao.
Maybe it’s to provide food security just for those who don’t already have it
They clearly stated
It’s a shit load of money, but let’s be honest you need way more than that to feed everyone. If Musk decided to donate all of his fortune, then maybe that’d be true.
Musks fortune was only 340b at its peak, and the moment he tried to access 44b of it for Twitter it collapsed the price.
Even 340b is still only $41 a year for everyone.
That the costs scale down the more massive the production. If you’re in the industrialized world, the money you pay for food is almost all profit. Not the cost of agriculture, not the cost of harvesting and packaging, not freight time, maintenance and fuel, not logistics and accounting. Profit.
Most of our money spent is bribes goes in the pocket of each of the capitalists along the way taking their bit of rent.