he paid 41B for the user base
not for infrastructure, as twitter did not have its own servers - BTW, the dependency on Big Tech clouds is another leverage the deep state has over X
not for the code - most of the code was censorship, "trending", data mining and focused ads calculations.
not for the employees - he dismissed most of them.
From the beginning Musk declared to have big ambitions - not just tweets, a broad app with everything from blogs to shopping.
Did he believe the user base was the key to get quicker results?
He would have to create an open source + open protocol business model... Possible?
At the $$ scale Elon Musk would care about? What about other clients competing for users?
Heck, I am not even sure how many of the usual proprietary social networks are really profitable without selling user data and deep state subsides (there are very dark tales)