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this post was submitted on 16 Jul 2023
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Why couldn't he just close it, if that was his goal? He owns it outright doesn't he? He could announce that Twitter was ceasing operations, sell off the remaining assets, cover (or default on) the debts, and then Twitter would be no more.
So no, I don't think destroying it was his aim. He's just really, really bad at this.
But as the richest man in the world, he could cover their stakes. If the goal was to end Twitter, he has the resources to do so without losing anyone else's money.
He didn't need their money, he just wanted it. Worse comes to worst, he can find enough in the couch cushions to cover them.