Musk is famous for "starting from basics" but with Twatter he started from a mature, if flawed, product. So paring it back to basics meant paring it back to er, well, very little.

His intention was for "free speech" sans censorship. The problem is that in the real world, free speech implies responsibility, but in reality the broadcaster has to apply that responsibility (aka censorship) and that is expensive, if done!

When you build a rocket or a car you are dealing with physics. When you devise an anti-social media you are dealing with people. And greedy ones at that.