Elon Musk's X is now worth less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity. The asset manager, Elon Musk's X is now valued at less than a quarter of its $44 billion purchase price, according to Fidelity.
“Fidelity is currently valuing X at about $9.4 billion”
Yeah I’m sure I’m not the norm but I’m actually shocked when I see companies advertising their talent’s twitter accounts on tv broadcasts. I truly can’t believe that site is still mainstream after everything that’s happened.
Idk then I look over and see trump as a presidential candidate and ugh… I guess I’m just still not comfortable/accepting of how far off the rails things have gone 🙁
its worth comes from being able to influence world politics. Does he seem like someone who cares or needs money?
He got a massive load to buy Twitter, so yeah, he does.
The natural language dataset is worth a lot. That’s why they’re and Reddit made the sites harder to use/scrape.
Twitter currently has $1.5 billion/year deficit which is a lot, even for Musk, to bankroll.
that brightens my day a little to hear
Source? Where is that money going?
Interest on loans, payroll, cloud infrastructure e.g. AWS
True, but that power is also diminished greatly as more and more regular users abandon the site. No eyes on the propaganda makes it worth a lot less.
Yeah I’m sure I’m not the norm but I’m actually shocked when I see companies advertising their talent’s twitter accounts on tv broadcasts. I truly can’t believe that site is still mainstream after everything that’s happened.
Idk then I look over and see trump as a presidential candidate and ugh… I guess I’m just still not comfortable/accepting of how far off the rails things have gone 🙁
He didn’t bilk Tesla shareholders into his huge pay package because he doesn’t care about money.