1111

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

196 comments fedilink hide all child comments

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

I found this funny.

(page 3) 50 comments

sorted by: hot top controversial new old

[-] xc2215x@lemmy.world 4 points 2 weeks ago

Wow. That is brutal.

[-] kamen@lemmy.world 4 points 2 weeks ago

I don't have the whole context so I might be missing some things, but the whole thing looks to me like "look at how much money I have to burn and how much I don't care".

load more comments (3 replies)

[-] Ilovethebomb@lemm.ee 3 points 2 weeks ago

Ouch.

[-] ramble81@lemm.ee 3 points 2 weeks ago

As long as it’s still in operation and people view it as a valid platform, its numerical value is irrelevant. I won’t be happy until it goes away or is relegated to the likes of Truth Social.

[-] tektite@slrpnk.net 2 points 2 weeks ago

I used to enjoy how they always use dumb photos of Leon in these articles. Now I just hate seeing his face.

[-] SocialMediaRefugee@lemmy.world 2 points 2 weeks ago

So basically it is more what twitter was really worth anyway

load more comments

this post was submitted on 30 Sep 2024

1111 points (97.0% liked)

Technology

58685 readers

3874 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS