Musk has re-tweeted a ludicrous claim to 112m followers that the man who attacked
Nancy Pelosi's 82 year old husband with a hammer was his
"gay lover".
Should be interesting when the court case comes up.
A portent o
f what is to come though.
I'm supposed to admire this man because a) he is very rich and b) there is apparently a glowing TV show about him.
Twitter can be interesting but I find it repetitive and boring with people preaching to the choir.
I see they have already started a 2 tier charging service which I reckon is the Kiss of Death.
Musk born as the heir to a emerald mine in Apartheid South Africa has been clever choosing successful businesses started by others and then propping them up with US government money.
Mind you it doesn't take a genius to see future good deals..electric cars, space travel but
my predictions are usually spot on.
I always thought private space travel was far too early & there is going to be a terrible calamity as inevitably a private space ship explodes killing everyone on board.
Will it be a Richard Branson or Musk ship that obliterates it's customers?.
I reckon Tesla cars, bailed out by government subsidies will implode as traditional car companies like GM, Ford , Toyota with decades of experience build better cars.
But paying $44Billion for Twitter seems ludicrous when it's only income is advertising.
And the audience is all wrong..Tik Tok and Instagram have secured the young growing market. Twitter is like Facebook..for oldies (me if I participated)
I'm reminded of another prediction I made when I actually worked for the firm..News Corp.. and Rupert Murdoch, the most experienced and clever media / newspaper man on the planet paid a fortune for My Space yet plenty of us could see it was old hat, tired and couldn't be revived.
It was valued at $12Billion in it's heyday..he managed to unload it for $35M.
He paid $850M for it in cash.
Mind the same year he also lost $50M to the Chinese when he paid a (non-refundable he was told) $50M deposit to be eligible to bid for China's cable TV network.
Similar to Rupert investing $200M in that dodgy blood machine
Theranos and lost the lot (tax deductible though).
Rupert started off with a small circulation for the times, Adelaide newspaper and cleverly turned it into the world's most powerful media empire.
Twitter may go the way of Trump's Truth Social which is hemorrhaging money like crazy because they can't attract quality advertising. Advertisers don't want to spend money trying to flog goods to nutters who think a Jewish Pedo Cabal secretly runs the world.
Kids and the dreaded
"social influencers" can make money, even a bloody good living on Tik Tok
Instagram and
YouTube. They can't on Facebook or Twitter,
When have I been wrong?
