Thursday, 15 January 2026

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Inequality

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October 5, 2025

Elon Musk’s $44 Billion Blunder: The Absurd Logic Behind Buying Twitter Just to Rename It “X”

Elon Musk’s $44 billion acquisition of Twitter, later rebranded as “X,” is criticized as a misguided and costly error. Analysts argue he destroyed a recognizable brand for an untested identity, while financial metrics reveal a steep decline in value and ad revenues. Musk’s ambition clashes with market realities, leading to chaos.

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