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Twitter wasn’t bought to conceal the loss in valuation. It was bought so Elon can influence the populace with his narrative.
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No, he bought it because he was contractually obliged to do so even after he tried to wriggle out of it.

I mean this isn't even ancient history, it only happened in 2022. He sent three termination notifications before it was determined that he had no grounds to refuse to buy.

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