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 – 1264 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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I could be remembering wrong but Twitter was only worth $15B at best, and Elon bought it for $44B because he's that smart.

I genuinely think he's just a pawn in a bigger game in which some powers wanted twitter gone.

Brainless but sounds like a competent leader. Has all the qualities the Illuminati are looking for when appointing a new drone.

Why gone? I understood that the Saudi government just wanted to de-anonymize it (i.e be informed about the authors of any critical tweets).

Like that guy who has been condemned to death for a critical tweet to his... 8 followers.

No. He may be influenced by others, but it's clear his ego is just that enormous and that his emotional immaturity makes him do stupid shit impulsively.

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How are you defining worth? It's value was probably in the 20Bs and it's market value was well in the 30Bs. By value I am saying a world where owners just dumped all their shares until they were no longer owners, by market value I mean what another entity might pay to buyout twitter.

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