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Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price (techcrunch.com)
submitted 2 years ago by to c/technology@lemmy.world
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"Fidelity is currently valuing X at about $9.4 billion"

I found this funny.

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[–] 19 points 2 years ago (1 child)

Yeah a lot of people miss the fact that the play for Twitter was never about money, but control. Owning one of the most popular social medias makes it easy to spread propaganda and amplify your voice.

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  • [–] 3 points 2 years ago* (last edited 2 years ago) (1 child)

    Lots of people spout this conspiracy theory, but Ive yet to hear a good reason why he had to be sued into making the purchase (after making price manipulating statements) if it was some sinister plan.

    Far more likely he's just a fuck up.

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