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X is officially worth less than half of what Elon Musk paid for it (www.theverge.com)

submitted 2 years ago by woshang@lemmy.world to c/news@lemmy.world

83 comments fedilink hide all child comments

A year after he bought Twitter for $44 billion, Musk thinks the company is now worth $19 billion, a 55 percent drop.

Let's recap what he did to Twitter, I will go first:

Changed the original name Twitter to X.

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[–] aeternum@kbin.social 16 points 2 years ago (5 children)

The worst thing he did was change the name. I mean, everyone knew twitter. Now you have to qualify it with "Musk's X"

lemmy:	0.19.20
mlmym (mschae):	26.3.4