At TED's 2022 conference, Musk said he wouldn't buy Twitter because it would make him miserable because everyone would blame him for all the problems.
But he didn't think about it, and a week later he changed his mind and planned to buy Twitter for $44 billion and take it private, Musk said, because whether the acquisition is acquired or not, people will blame him, so just buy it.
After rumors that Musk was going to buy Twitter, Tesla's stock price plunged 12.18%, evaporating about $125 billion in one day.
As a result, the value of Musk's stake in Tesla has also fallen by a corresponding $21 billion, in line with the $21 billion in cash he promised to buy Twitter.
The reason why Tesla will fall is that Musk may have to sell Tesla's stock in large quantities before he has the money to buy. The second is the fear that he will spend a lot of energy managing Twitter next, which may affect Tesla's operations.
Then the question comes, obviously Musk clearly knows that the acquisition of Twitter will be scolded, but also will trigger everyone's fear of Tesla, and even cause everyone to worry about SpaceX, then why is he still insisting on acquiring Twitter?
Of course, Musk is certainly not concerned about the product of Twitter itself, because many institutions and investors believe that Twitter is not valuable, some people even think that Twitter's stock price is worth $10-15, Goldman Sachs also feels that its business value is $30 to $36, it is impossible to reach the $54.2 given by Musk.
Musk cares about his freedom of speech and will never be banned by Twitter for some speeches.
And after having Twitter, he can better expand his influence, just like before, he can make the virtual currency rise sharply with one sentence, and the virtual currency can fall sharply with one sentence.
After the acquisition of Twitter, he can better play the role of this kind of rhetoric, amplify his influence, and thus affect his business, such as Tesla, SpaceX and so on.
So he eventually desperately wants to buy Twitter at a high price, and then let Twitter's rules change according to his wishes, of course, whether he can achieve this goal after the acquisition can only be proved by time.
In addition, Musk currently holds Tesla stock and Space X equity total about $184 billion, come up with a little to buy Twitter, it doesn't matter, the money is too much to spend anyway, spend money to buy Twitter, the right to find some fun.