Why would Elon ever go public, he doesn’t have to, he has total control right now, and will make a killing on subscriptions Twitter just released (after a year when twitter begins to take a cut, currently no cut for the first year to draw in content creators). He’s already the richest man in the world, he doesn’t need shareholders or a board of directors to increase the companies value, he’ll make a killing without them and have total control.

You miss the biggest thing of the Twitter play. Elon keeps saying he wants to make Twitter the “digital town square”. There was a Supreme Court case (Marsh vs Alabama) that ruled on mining towns, which this ruling subsequently later applied to quasi-public places (or something like that) for things like malls and airports and stuff, where the 1st amendment exists to these private companies who aren’t part of the government. The goal is to get all social media under that ruling, so private companies can’t ever censor freedom of speech because they’re prohibited by the first amendment, even if the company isn’t part of the government, because social media acts like a “digital town square”.

Why would Elon ever go public, he doesn’t have to, he has total control right now, and will make a killing on subscriptions Twitter just released (after a year when twitter begins to take a cut, currently no cut for the first year to draw in content creators). He’s already the richest man in the world, he doesn’t need shareholders or a board of directors to increase the companies value, he’ll make a killing without them and has total control.

You miss the biggest thing of the Twitter play. Elon keeps saying he wants to make Twitter the “digital town square”. There was a Supreme Court case (Marsh vs Alabama) that ruled on mining towns, which this ruling subsequently later applied to quasi-public places (or something like that) for things like malls and airports and stuff, where the 1st amendment exists to these private companies who aren’t part of the government. The goal is to get all social media under that ruling, so private companies can’t ever censor freedom of speech because they’re prohibited by the first amendment, even if the company isn’t part of the government, because social media acts like a “digital town square”.