I really thought that the most logical explanation for his behavior was that his plan was always to destroy Twitter due to it being a haven for journalists and activists that pester the rich and powerful.

This seemed especially plausible considering his Saudi government co-investors, and thinking back to the destruction of Gawker as a precedent.

The alternative that he really is trying to make it succeed and is hopelessly incompetent seemed untenable, but I also couldn't believe that his actions would make it succeed.

$44 billion was an unreasonable amount to spend on the face of it, but ever since he capitulated in his court fight, I've been thinking what if it was a charade to manipulate the stock, and he or his associates defrayed a lot of the sticker price by trading on the knowledge that he would go through with the purchase?

But now I admit I am starting to wonder if my theory was incorrect - maybe he really did want to do something with it that isn't working out. Or maybe he's just committed to the bit.