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Elon Musk admits X 'may fail, as so many have predicted'
(www.businessinsider.com)
This is a most excellent place for technology news and articles.
There's no reason to speculate his motives. It's obvious he didn't want to buy Twitter when he was forced by courts to buy it. He was being an idiot trying to manipulate the stock price. I know it's hard to believe a multi-billionaire can be an idiot, but it happened. There's no 4d chess move. Rich people are fallible as everyone else.