We all know how deceitful Elon Musk can be, all he cares about is doge coin, not bitcoin, even doge coin rose when he bought shares on Twitter, he is only looking for ways to make doge popular and this can be effective if he owns Twitter. I believe he will fail because Twitter is never like Facebook and will never be like Facebook. His aim will only be towards making doge the dominant coin Twitter will be accepting just as he did with Tesla after his bitcoin criticism which he was wrong about but just wanted to fool people.
I think I read somewhere that Elon Musk mentioned that Twitter should be a "private company." Though I have no idea about his goals in general, it is heavily implied that everything he does is with regard to increasing the price of doge in the future.
As a madman that he is, Elon Musk would definitely do anything in order to profit in the end.
I think Elon should not be buying Twitter. Honestly it is not his business line. Yes I understand that he is billionaire and he could do any dam thing he wants to do. It’s not big deal for him to buy twitter considering twitter is valued at $36 bln while Elon holds 10% shares meaning he gets that much discount instantly.
However, it would really put Twitter share market value at risk. His mind only works best in tech stuff, and in crypto space he would definitely look after DOGE. But assuming the history, lot of people have lost money due to Elons act of doge tweets! Rest we know how everyone will react.
I am assuming that he will definitely purchase Twitter and let his team handle all the complexities and technicalities of the business. At the end, he would sell his remaining shares and just profit at the end which may yield him hundreds of millions of dollars in the future.