Driver FixRecommendedSound, Wi-Fi or graphics acting up? Check drivers firstFind missing or outdated drivers fast.Check DriversOctober DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsWindows FixRecommendedWindows errors stealing your time? Find the fix fastScan stability, cleanup and performance issues.Fix Now×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Elon Musk’s Terrible, Horrible, No Good, Very Bad Week—Revisited (October 2022)

In October 2022, legal scrutiny, a Starlink funding dispute, a Kanye West moderation controversy and a $100 perfume launch collided around Elon Musk’s Twitter deal.
From TheFinanceBase Team5 min to read
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

In the week ending October 14, 2022, Elon Musk faced four separate controversies: a court filing that said federal authorities were investigating conduct tied to his Twitter purchase, a SpaceX request for Pentagon funding of Starlink in Ukraine, backlash over welcoming Kanye West back to Twitter, and a $100 perfume marketed as a way to help finance the deal. None of these episodes proved that Musk had committed wrongdoing or that Starlink had been shut off. Their force came from convergence: legal exposure, war-zone communications, platform governance and personal-brand spectacle all landed in the same news cycle.

What week does the headline describe?

The phrase comes from an AV Club article published October 14, 2022, by William Hughes. Its comic framing was aimed at a tight sequence of events, not at Musk’s entire career. The basic chronology was:

Date Development
October 12, 2022 Musk promoted Burnt Hair, a $100 fragrance, saying sales could help him buy Twitter.
October 13–14 Reports described a Twitter court filing that said Musk was under federal investigation in connection with the acquisition.
October 14 Reporting focused on SpaceX’s request that the Pentagon fund Starlink service for Ukrainian government and military users.
During the same period Musk’s decision to welcome Kanye West back to Twitter drew criticism after West posted antisemitic material.

The original satirical article is available at The AV Club.

The Twitter investigation claim was an allegation in litigation

Twitter’s filing said Musk was “under investigation by federal authorities” over conduct connected with his proposed acquisition. Twitter was seeking documents that Musk’s lawyers had withheld by invoking “investigative privilege.” The filing did not identify the precise subject of the investigation or definitively name every agency involved.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
#1 Best Overall

Musk’s attorney, Alex Spiro, called Twitter’s description “misdirection” and said Twitter executives were the ones under investigation. That was a disputed characterization in a legal fight, not a finding of liability. The contemporaneous account is reported by Reuters via Euronews.

The surrounding dispute concerned a roughly $44 billion merger agreement. Twitter sued to force Musk to complete the transaction after he attempted to abandon or delay it. The company’s underlying Delaware complaint is archived by the U.S. Securities and Exchange Commission. An investigation being disclosed in a filing can create legal and financing risk, but it cannot by itself establish misconduct.

Starlink turned a funding dispute into a governance question

After Russia’s invasion, SpaceX provided Starlink connectivity in Ukraine. In October 2022, SpaceX reportedly asked the Pentagon to assume the cost of government and military use. The reported estimates exceeded $120 million for the remainder of 2022 and approached $400 million for the following 12 months. Musk publicly said the service was costing SpaceX about $20 million a month; that figure was his claim, not an independent audit.

The request was not the same as an announced decision to terminate all Ukrainian access. Describing it as “Musk shut off Ukraine’s internet” collapses a funding negotiation into a service-termination claim. A detailed chronology is maintained by the National Security Archive.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

There was a legitimate business argument for seeking government reimbursement: a private company was carrying substantial continuing costs. The harder issue was governance. Starlink had become strategically important communications infrastructure, yet access and policy decisions were heavily dependent on one private executive. Musk’s public disputes with Ukrainian officials and his earlier peace proposal, which included territorial concessions to Russia, made that concentration of discretion more politically consequential.

Kanye West tested Musk’s free-speech posture

West had faced restrictions on other platforms after antisemitic posts. Musk welcomed him back to Twitter, consistent with Musk’s stated preference for a broad conception of permissible speech. West then posted a threat involving Jewish people and used the phrase “Death Con 3.” Musk said he had spoken with West and expressed concern.

The record supports a narrower conclusion than “Musk endorsed West’s antisemitism.” Musk restored or welcomed a controversial account and then confronted a predictable moderation problem. That episode exposed the practical gap between describing speech policy as an absolutist principle and running a platform that must handle threats, harassment and advertiser risk.

Burnt Hair made the acquisition look like performance art

Burnt Hair was a $100 fragrance sold through The Boring Company’s merchandise operation. Musk presented it as an intentionally absurd product and promoted it as a way to raise money for buying Twitter. Reports cited different sales totals: an earlier account mentioned at least 10,000 bottles, while Musk later claimed roughly 20,000, or about $2 million in gross sales. Those were promotional claims, not independently audited revenue or profit figures. Al Jazeera’s contemporaneous report covered the price and sales claims.

Free tools Windows power users keep installed

One-click scans. No signup required.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

The joke worked because it turned a complicated financing story into a product anyone could buy. Selling perfume did not demonstrate that Musk could not finance the acquisition; it demonstrated how completely the transaction had become part of his personal brand. Negative attention could still generate demand, publicity and a sense of participation.

Why the four stories reinforced one another

These were not one unified crisis, and there is no evidence that one caused another. Their effect was cumulative.

  • Concentrated power: Musk was simultaneously a technology executive, prospective social-media owner, satellite-communications gatekeeper and political commentator.
  • Institutional conflict: The Twitter litigation placed him in conflict with a target company, courts and potentially regulators.
  • Personalized governance: Tweets, friendships and public arguments could alter corporate and geopolitical debates.
  • Performance over process: A perfume launch and provocative posts made serious business and foreign-policy questions appear to be extensions of one personality.
  • Reputational volatility: Each new story made it harder for audiences, investors and counterparties to assess the others separately.

For a personal-finance reader, the practical lesson is not to treat a celebrity executive’s attention as a substitute for corporate controls. The relevant risks include regulatory costs, litigation, key-person dependence, customer trust and the possibility that a company’s strategy changes with its owner’s public impulses.

Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

Was it really a “terrible” week?

That depends on the standard. The events were not financially equivalent:

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
  • The court filing raised legal and regulatory exposure, but did not prove wrongdoing.
  • The Starlink episode raised public-policy and national-security concerns, while also involving a private company’s real operating costs.
  • The Kanye episode was chiefly a moderation and reputational problem.
  • Burnt Hair was largely a publicity stunt that may nevertheless have produced substantial claimed sales.

Calling the week “terrible” was therefore editorial judgment, not a measurable financial conclusion. Musk’s counterargument is that attention itself can be an asset: Burnt Hair generated sales, and controversy kept him central to the news. The opposing view is that a business empire cannot reliably price legal, geopolitical and platform-governance risks around one person’s improvisations.

What happened after October 14?

Musk completed the Twitter acquisition later in October 2022, so the week did not destroy the deal. Regulatory scrutiny also continued. On October 5, 2023, the SEC sought to compel Musk’s testimony in an investigation involving his 2022 Twitter purchases. That later proceeding shows continuing scrutiny; it does not retroactively prove every allegation or implication raised in the October 2022 filing. See the SEC litigation release.

The lasting significance of the week was less a single scandal than a governance pattern. Legal proceedings, critical communications infrastructure, speech policy and consumer marketing all became entangled with Musk’s public persona. That can be an extraordinary branding advantage, but it also makes ordinary risk controls harder to see—and harder to enforce.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase07 MAR 2625 minWhat Is a 457 Plan?
  2. The Money DeskBlogTheFinanceBase07 MAR 2621 minTime Value of Money: What It Is and How It Works
  3. The Money DeskBlogTheFinanceBase07 MAR 2627 minAre You Living in One of These Top 10 Most Expensive Cities to Retire?
Recommended PC Tool
Recommended PC Tool
PC Slower Than It Used to Be?Free scan - under a minute
Outdated Drivers Are Slowing You DownFree scan - exact matches

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.