this post was submitted on 19 Apr 2025
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722
Angry, disappointed users react to Bluesky's upcoming blue check mark verification system (www.neowin.net)
submitted 3 days ago by [email protected] to c/[email protected]
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[–] [email protected] 42 points 3 days ago (2 children)

If it ends Elon, I’m gonna allow it. If Twitter fails, his stock in Tesla will have to back it. If that tanks… he’ll have to work his way out of bankruptcy. Just squeeze….

[–] [email protected] 13 points 3 days ago

Yeah for the masses they will likely always flock to commercialized easy to use social media that reaches critical mass the fastest, so them being willing to move and keep moving is best we can hope for. For rest of us stuff like fediverse will be there to use.

[–] [email protected] 36 points 3 days ago (2 children)

He’s already sold Twitter/X to xAI; he’s got his arse covered when the bottom eventually falls out.

[–] [email protected] 13 points 3 days ago (1 children)

Good thing AI can’t fail.

[–] [email protected] 23 points 3 days ago (1 children)

Oh, no doubt - but he’s no longer personally on the hook for Twitter’s $44b debt-loan!

So when it eventually fails, it’ll be a corporate write-off and Elon’s wealth across Tesla and SpaceX are protected.

[–] [email protected] 13 points 2 days ago (1 children)

Wait is that what happened? Investors in his AI company are on the hook for Twitter now?

The rich really are a vampiric class.

[–] [email protected] 12 points 2 days ago

Yes, that’s what happened: https://www.forbes.com/sites/antoniopequenoiv/2025/03/28/elon-musk-says-xai-has-purchased-x-formerly-known-as-twitter-for-33-billion/

For what it’s worth, xAI is still a private company - so at least it’s not retail investors on the hook, just venture capital.

[–] [email protected] 19 points 3 days ago

That raised some eyebrows. Not sure it’ll hold just yet. Still. His world is getting smaller.