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Twitter was locked in a chaotic doom loop. Now it’s on the verge of collapse | Siva Vaidhyanathan
(www.theguardian.com)
This is a most excellent place for technology news and articles.
It just baffles me why he would buy Twitter in the first place and even more so why he paid what he did for it. PayPal -> Tesla -> SpaceX -> Twitter. How does that make any sense in any way. So there's that from the start, but then why is he firing a torpedo into it. Was his secret plan to bulldoze Twitter from the start? That's a lot to pay for revenge.
The short of it:
He made an offhand comment about buying twitter as a sort of "joke" but was then forced to go through with it thanks to the legal ramifications of said joke.
sauce