this post was submitted on 30 Sep 2024

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

submitted 1 month 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 2) 50 comments

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[–] smokebuddy@lemmy.today 12 points 1 month ago

keep sliding

[–] seaQueue@lemmy.world 12 points 1 month ago

That's a good start, now keep going

[–] SaharaMaleikuhm@feddit.org 12 points 1 month ago

Impressive. I could not have done that.

[–] fosho@lemmy.ca 12 points 1 month ago

same as my GameStop shares

[–] PanArab@lemm.ee 11 points 1 month ago (1 children)

It was never worth 44 billion USD

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[–] grue@lemmy.world 11 points 1 month 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.

[–] uebquauntbez@lemmy.world 10 points 1 month ago

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

[–] Sam_Bass@lemmy.world 10 points 1 month ago (1 children)

he himself is worth less than that at least morally

[–] jaemo@sh.itjust.works 6 points 1 month ago (1 children)

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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[–] bender223@lemmy.today 8 points 1 month ago (3 children)

They should tweet that

But then , they'll get banned 😛

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[–] CosmoNova@lemmy.world 7 points 1 month ago (2 children)

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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[–] Octospider@lemmy.one 6 points 1 month ago (1 children)

Twitter has worth?

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[–] ikidd@lemmy.world 6 points 1 month 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.

[–] aluminium@lemmy.world 5 points 1 month ago

Still this much? Damn dude cooled off

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