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The real reason Elon Musk bought Twitter
Elon Musk took over as CEO of Twitter last week, and the media world—which spends most of its day on the social media platform—has been obsessing about his motives. Did he buy Twitter to advance a hard-right political agenda? Why did he carry a sink into Twitter headquarters? Is he planning for world domination? The answer is more ho-hum: It’s all about payments. Musk, of course, is part of the PayPal Mafia, the gang that built the giant payment platform in the late ’90s and went on to become billionaires. Payments are in Musk’s blood. One of his first companies was a payments business called...
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