Twitter is fixable. But pity the fool who does the next deal with Elon Musk.

In which I call out the great entrepreneur for the one thing everyone seems to be ignoring--and therefore normalizing: his dishonorable behavior

By Adam Lashinsky

July 12, 2022

The Washington Post

Let’s set aside for a moment the consequential issues of free speech and corporate litigation and call Elon Musk’s behavior in his canceled Twitter takeover fiasco what it is: dishonorable.

Musk has decided he doesn’t want to buy Twitter for the simple reason that he screwed up. He agreed in April to pay $44 billion to buy the company, but his timing was atrocious. With interest rates rising, the Russian assault on Ukraine raging and the stock market plunging, Twitter’s shares promptly tanked. Musk promised to pay $54.20 per share. But Twitter shares fell to the mid-30s by May and plunged below $33, a drop of more than 11 percent, on Monday, the first day of trading after Musk disclosed last week that he no longer wanted to complete the acquisition.

But Musk can’t simply say he goofed. All-knowing billionaires whose visions reshape the planet don’t make mistakes, after all. 

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