I hate to point to my old posts and say I told you so but ... actually now that I am doing it, I am not hating it that much. Anyways, Elon did not have the money to buy Twitter, he had to sell a bunch of Tesla stock to do so, he tried to sell some stock and then the price of Tesla stock collapsed and there you have it. Just as I said.
I mean he was literally buying twitter? How did he not have the money for it? Now that new information has come to light the deal is on hold. Maybe he came to his senses and realized twitter isn't worth what he's paying for it and that it will probably become a wasteland if he succeeds in making it "absolute free, short of violent threats, speech" friendly.
https://news.ycombinator.com/item?id=31109355#31111059