this post was submitted on 30 Sep 2024
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"Fidelity is currently valuing X at about $9.4 billion"

I found this funny.

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[–] uriel238@lemmy.blahaj.zone 62 points 1 month ago (21 children)

We knew this was going to happen before he made the purchase.

Everyone said, the best way for Elon to keep his money was to change very little, or even take a hands-off approach.

Masnick suggested this would happen

It was that and so much worse. Moral of the story: Running a huge social media service is hard. Maybe don't assume that because you're a billionaire you're the best at doing stuff.

[–] mynameisigglepiggle@lemmy.world 20 points 1 month ago (6 children)

Meanwhile he is on track to become the world's first trillionaire

I think the purchase was more about welding power than any financial gain

[–] dabaldeagul@feddit.nl 17 points 1 month ago

He tried to back out, I don't think any of this was about anything. He's just a dick with a weird sense of humor.

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