According to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billion

Bernie Ecclestoned@sh.itjust.works to Technology@lemmy.world – 1262 points –
According to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billion
finance.yahoo.com
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Have you considered that Elon Musk is a dumbass rather than a super genius?

The guy didn't plan on buying twitter. He was made to after he tried gaming the system and fucked it up.

Both things can be true

Incredibly inflated ego and self-image combined with poor emotional maturity and self-control after a life of entitlement. He said it to piss people off and then came back to eat shit, but unfortunately is also so rich he can throw his money away and have it barely matter.

Yea it's this. If he was smart he wouldn't make himself look like a total idiot every week.

And? I seem to recall that he fantasized about doing it loudly enough and in enough detail, that he was legally obligated to follow through to avoid being charged with securities fraud. The reason he wanted to do it was to take a communications medium away from the liberals and give it to the Nazis.

This is marvel-brained fantasy. The guy played games and ended up with a business he doesn't understand and never should have been in charge of. He's not a super-villain, he's an ordinary villain, dumbass nepotism case.