Dude just saw the opprotunity to “stick it” to everyone that told him X was a terrible idea and took it. Now, from an outside perspective, you ain’t stickin’ it to anybody but your own wallet. But in his head he was finally able to create X.com with nobody to tell him no. Thats all this is, billionaires are not geniuses. They are vacuous faults in the system that has subverted it, and forced most of the resource allocation in their direction.