“Fidelity is currently valuing X at about $9.4 billion”
I found this funny.
Honestly terrifying that they still think it is worth that much.
they still own the twitter trademark, that might be their biggest asset
Which has been crashed and burned to a fraction of its value.
I wouldn’t be surprised if part of this remaining value is because the Japanese internet still heavily relies on it as a platform, even if the west has begun moving elsewhere.
Elon Musk’s greatest personal achievement has been his tireless work and incredible effort toward disproving the myth of Billionaire Exceptionalism.
Still worth billions though.
If they influence the election to their desired outcome, then the value won’t matter. The damage will have been done.
Is elon a Trump fan?
Yes, he gets a raging fascist boner every time someone fails to assassinate Trump because he thinks it’s the cue to go full Nazi but really he just keeps jumping the gun and making it far too obvious deeply part of Trump’s ongoing fascist takeover schemes and really not the guy we should have any significant government contracts with
I see, thanks for the insight. I don’t have Twitter so I didn’t really know about this stuff 😂
Uhm… Yes. Like a lot.
I just checked and it’s worth nothing to anyone important.
Musk is and always has been an incompetent yet lucky scammer.
Twitter will be bankrupt within two years.
How to become a billionaire: Start with 54 billion
Let’s everyone point and laugh. It humbles people like him, right?
deleted by creator
Appreciated. Yeah. That douche is the absolute worst, but everyone climbing over one another to call him out is just making him more and more relevant.
I tend to ignore posts about him. I wouldn’t even be commenting here if I weren’t just trying to see if I’m banned from this instance, or just political memes.
I see ya loud and clear! So that’s good news!
I doubt anybody would buy it for a tenth, tbh.
I’m confident you could unload the property for $4B easily enough. That’s somewhere in the neighborhood of $10-100/unique user amortized out over the life of the loan, which would be a steal via any other advertising medium.
Twitter still has real value. Hundreds of millions of people still use it, even in its deplorable state. And under new management, I’m confident people would flood back in.
You would have to prove that the hundreds of millions who use it are “people”.
Empty Internet Theory is a clever joke, but it doesn’t hold up under scrutiny.
FaceBook deleted 6.5 BILLION BOTS IN 2021.
Neither Facebook nor Twitter claimed 6.5B unique users.
Well then FB lied about it at this link HERE
They can delete 6.5 billion accounts without claiming they are active users.
May it sink even lower
I remember thinking twitter was bad before he took over
It’s now a complete shadow of what it was even just a couple of years ago. Just a quarter of its value seems generous
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.
That’s a good start, now keep going
he himself is worth less than that at least morally
same as my GameStop shares
