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Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price (techcrunch.com)

submitted 2 weeks ago by GeneralInterest@lemmy.world to c/technology@lemmy.world

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"Fidelity is currently valuing X at about $9.4 billion"

I found this funny.

(page 2) 50 comments

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[-] seaQueue@lemmy.world 12 points 2 weeks ago

That's a good start, now keep going

[-] SaharaMaleikuhm@feddit.org 12 points 2 weeks ago

Impressive. I could not have done that.

[-] fosho@lemmy.ca 12 points 2 weeks ago

same as my GameStop shares

[-] grue@lemmy.world 11 points 2 weeks ago

If he succeeds in using it as a propaganda platform to force the US into a fascist dictatorship, he will have gotten his money's worth.

[-] PanArab@lemm.ee 11 points 2 weeks ago

It was never worth 44 billion USD

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[-] smokebuddy@lemmy.today 11 points 2 weeks ago

keep sliding

[-] Sam_Bass@lemmy.world 10 points 2 weeks ago

he himself is worth less than that at least morally

[-] jaemo@sh.itjust.works 6 points 2 weeks ago

He is a net loss for humanity is the currency is moralistic.

We be deep in the red between Trump, Bezos, this clown and many other "captains of industry".

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[-] uebquauntbez@lemmy.world 10 points 2 weeks ago

A real socialist! Took money from the rich to give it to the poor (minded). /s

[-] bender223@lemmy.today 8 points 2 weeks ago

They should tweet that

But then , they'll get banned 😛

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[-] CosmoNova@lemmy.world 7 points 2 weeks ago

If I remember correctly the evaluation of Xitter has been around $9 Billion for years so they're basically saying it tanked only a little if you adjust for inflation.

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[-] ikidd@lemmy.world 6 points 2 weeks ago

Tesla is next. I'm not sure even he can fuck up SpaceX but I'm sure he'll give it the ol' college try.

[-] Octospider@lemmy.one 6 points 2 weeks ago

Twitter has worth?

[-] sxan@midwest.social 4 points 2 weeks ago

It has worth. It doesn't have value.

[-] aluminium@lemmy.world 5 points 2 weeks ago

Still this much? Damn dude cooled off

[-] celsiustimeline@lemmy.dbzer0.com 5 points 2 weeks ago

I wonder when Mohamed bin Salman will be coming for his ROI on the $22B that he gave Elon for the purchase of Twitter.

[-] AbidanYre@lemmy.world 9 points 2 weeks ago

If that $22B prevents another Arab Spring it's probably worth it to him.

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[-] erenkoylu@lemmy.ml 5 points 2 weeks ago

%79 so far

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this post was submitted on 30 Sep 2024

1111 points (97.0% liked)

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