Jack Albrecht
1 min readSep 18, 2024

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I'm not a Musk fan, nor really a Twitter user. It was a bad investment and Musk IMO didn't even want to buy it, but shot his mouth off and got stuck. I think Musk is overrated in all aspects, including leadership.

All that being said, Twitter was in bad shape when Musk bought it. It had bad fundamentals and EXTREMELY limited growth potential. Plus, Musk WAY overpaid (again because of his stupid mouth), putting him in a really bad starting position.

Since Elon never calls me to explain what he's doing, I can only use public information to assess his plans.

I can however see how the Internet and Social Media, and Government control/censorship of the first two has changed since Twitter started. It may be that Musk takes the opinion that because of the current censorship environment inside the US that Twitter is doomed in its former form, and the only way forward is by catering to wealthy groups outside the US government sphere of influence to have a financial future.

I'm not a fan of Saudi Arabia, but X is a multi-national company and does what all multi-national companies do: Get money wherever it can, without any moral judgment about what is "better" for mankind or the planet.

If you want to fix problems like those with X, you won't get it by replacing Musk with some other greedy oligarch. The problem is the rapacious capitalist system that rules the western world.

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Jack Albrecht
Jack Albrecht

Written by Jack Albrecht

US expatriate living in the EU; seeing the world from both sides of the Atlantic.

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