Friday is the one-year anniversary of Elon Musk’s $44 billion takeover of Twitter, which he subsequently renamed X.

The big picture: Musk gets to benefit from the long-term nature of private equity. Which is good for him because, in the short term, this deal has been a steaming pile of blue bird poop.

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20 points

it’s failing because Musk is genuinely trying his best, and his best absolutely sucks

THANK YOU.

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