"Shocked by Son Who Became a Woman"…The Background Behind Musk's Twitter Acquisition Revealed

Biographer of Musk: "He is impulsive and reckless"
Impact of the pain from estrangement with his transgender son

Elon Musk, CEO of Tesla, has revealed for the first time the background behind his acquisition of the social media platform Twitter (now X). It was influenced by impulsive factors such as estrangement from his son and an addictive competitive spirit.

[Image source=Yonhap News]

On the 31st of last month (local time), The Wall Street Journal (WSJ) published an article titled "The Real Story Behind Musk's Twitter Acquisition," written by author Walter Isaacson. Isaacson wrote Musk's biography, which will be released locally on the 12th of this month.

Isaacson said, "Looking at how Musk announced the Twitter acquisition and renamed it 'X,' it is expected that he will run the company impulsively and recklessly."

Isaacson reported that after the successive successes of Tesla and SpaceX, Musk fell into a kind of boredom similar to what a so-called 'game addict' might feel. Although he had already achieved great success, he was in an addictive state that he could not quit, and sought greater stimulation by acquiring Twitter.

When asked, "Is it necessary to always be in a state of war?" he reportedly replied, "I am the kind of person who wants to put casino chips back on the table to play the next level of the game."

This period coincides with the time Musk exercised stock options worth $10 billion that had matured just in time. At that time, Musk said, "I didn't want to just leave money in the bank," and "I asked myself what kind of product I liked, and the answer quickly came out as Twitter."

Elon Musk, CEO of Tesla
Photo by AFP Yonhap News

Isaacson also reported that "the pain Musk suffered from his eldest son, Xavier Musk, transitioning to female and cutting ties with him, also influenced Musk."

Last year, Xavier revealed that he is transgender, filed court documents, changed his gender to female, and changed his name to Vivian Jenna Wilson, taking his mother's surname, while cutting ties with his father. Musk has previously been embroiled in controversy for making several derogatory remarks about sexual minorities.

Isaacson revealed, "Musk lamented that 'Xavier learned ideology at the progressive Crossroads School in Los Angeles (LA) and became not just a socialist but a full communist.'" This incident also solidified Musk's claim that the so-called "Woke Mind Virus" is ruining America.

Musk has argued, "The Woke Mind Virus is forcing progressive identity on American society," and "As long as this does not disappear, civilization will never be able to expand to other planets." It also appears that his usual criticism of Twitter's corporate culture, which emphasizes political correctness and gender equality, played a role.

Ultimately, Musk agreed to acquire Twitter last April for a total of $44 billion (approximately 58 trillion won). According to Isaacson, on October 26th last year, the day before the transfer of management rights, Musk entered Twitter's headquarters in San Francisco and upon seeing the bird-shaped logos posted everywhere, said, "These damn birds, they all have to go."

Musk judged that Parag Agrawal, then CEO of Twitter, and the core executives had ruined Twitter. The day after agreeing to the transfer of management rights, on October 27th last year, he abruptly moved up the acquisition schedule and notified them of their dismissal.

This content was produced with the assistance of AI translation services.