Musk is told his platform, now known as X, must comply with new laws designed to combat fake news and Russian propaganda

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[–] 12 points 2 years ago* (1 child)

The company stock price would halve.

Elon took it private, it doesn't have a stock price anymore. But it does have a valuation, which is basically it's appraisal value, and that's already significantly lower than what he paid for it.

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