Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price
Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price
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"
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And may it continue to crash and burn. It’s just 4 chan at this point.
It’s like 4chan but it didn’t know where the line was for the amount of right wing people to be on a social media and ran a marathon
4chan at least had a consistent brand of being the anti-social network and being full of Nazis, weirdos, pedophiles and people who are just anti-social for the lulz. You couldn't ruin 4chan.
Twitter's image was being the "internet town-square for serious thinkers" with politicians, scientists, journalists and a small but good measure of standard shitposters. Loosing that brand diminishes it's value massively. Unfortunately neither Bluesky nor Mastodon was able to catch that clientele yet.