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
234

You are viewing a single comment

Losing 40b is a pretty big deal even for Musk to be fair. It'd be more like a bored housewife remortgaging the house to pay for their vanity project.

I mean not really, he knows he'll always have a roof over his head, food on his table, doctors when he's ill, it is a rather big deal but that doesn't really affect his daily life in any significant way.

He'll still be able to afford anything he may ever want, what he really lost is financial power and social respect.

In short I think it's more like a bored housewife getting thrown out from the homeowners association.

He’ll still be able to afford anything he may ever want, what he really lost is financial power and social respect.

That's like the worst for a person like Musk.