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Is there anything that stops Elon Musk from buying Lemmy or Mastadon? Even if everyone were to migrate over to the Fediverse, what stops these websites from being bought as well?

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The fact that lemmy and mastodon arent websites, they are collections of connected instances which are managed by individuals and collectives. Elon could set up his own instance, or try to buy all the existing ones, but that wouldnt stop others from setting up new ones as well. The lemmy website is just an aggregator, each instance has its own website as well.

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