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Twitter is now X as the little blue bird disappears
(www.theverge.com)
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Except that it goes directly against his "give me money because I'm a genius" thing that he's done everything to cultivate. To deliberately attack his standing with SpaceX and Tesla, et. al., by spending 45 Billion to explode a social media juggernaut is beyond insane.
Space...X
This is an unhealthy obsession of his.
The difference is that SpaceX is actually good at what they do (largely due to Gwynn Shotwell and others)