The billionaire likes to go all out when faced with the prospect of “disruptive technological potential”. Has he now withdrawn his billion bid for Twitter because he was wrong? Or is he just clever in his tactics?
With Elon Musk, the goals cannot be ambitious enough. When it comes to implementing his plans, the entrepreneur is extremely unconventional and sometimes not very squeamish.
Tesla, Space X, starlink, solar city, the Boring Company, neural link, OpenAI and finally, after a substantial stake, his takeover bid for Twitter. Elon Musk likes to dance at many weddings at the same time – not only in his entrepreneurial work, but also in his private life. The man from South Africa obviously always acts impulsively, likes to go all out when faced with the prospect of “disruptive potential”, but then stubbornly uses all his resources and is usually not deterred by temporary failures.
He put Tesla on the defensive through all crises and traditional car manufacturers with his modern, innovative electric cars, he made the space company Space X and the satellite communications provider Starlink big – but he also made his “intergalactic media empire » thumb! quickly made off after first investing $2 million in the online comedy startup and then seemingly seeing no prospect of quick success.
When it comes to goals, they can’t be ambitious enough. When it comes to implementing his plans, he is extremely unconventional, sometimes not very squeamish, and mostly the principle of trial and error applies. He wants to save the world from climate change with Tesla, with Space X he wants nothing less than to save humanity from extinction by building a colony on Mars – and when he wanted to take over Twitter, he originally had the ultimate vision, that Secure the right to uncensored, free speech.
Was he thinking of the users or rather of himself? After all, in recent years he has been one of the most avid Twitterers on the short message platform and has used it extensively for ego marketing and intensive promotion of his company. Obviously, the billionaire has an opinion on everything and everyone – especially when it comes to exotic topics like cryptocurrencies that are worthless or when someone gets in his way. Be it Bill Gates, because the Seattle-area software mogul is betting against overvalued Tesla shares, or the SEC, one of the “many evil regulators” who, in his libertarian eyes, threaten everyone’s freedom.
The “Save the World” campaign has earned Elon Musk one of the largest and most active followings on Twitter. The man loves to tweet, and the only person in the world who perhaps needed tweeting even more for his own ego than he did was banned from the platform and, as president, was accused twice by the American Congress of having abused his office – eccentric, in fact. Twitter was important to the future of human civilization, Musk initially claimed, and so the deal originally sought would, at least mentally, align with his other corporate mega-adventures.
On that basis, the most recent communication would be that 44 billion offer to retire for Twitter and like Thud! Leaving, while somewhat embarrassing and perhaps even costly, would fit with the trial and error entrepreneurship that has made Elon Musk successful and quite wealthy. On the other hand, it cannot be ruled out that it is a tactical finesse to finally get a much cheaper deal after an initial bid that is too high. As experience shows, the man is capable of both. However, he now runs the risk of overreaching himself personally and financially given his different interests and commitments.
— Elon Musk (@elonmusk) July 11, 2022