X is officially worth less than half of what Elon Musk paid for it

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

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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Once valuable? Fuck that. Twitter has always been and always will be Jerry Springer for the Internet. It's fun to watch some toothless hooker throw a shoe at a priest until Grandma finds out you are on their as 4chan gaslighting the priest and the hooker.

The value is pure entertainment. Anyone that takes it more seriously has not seen it for what it is.

This is why it bothers me that so many government agencies and officials use it to communicate with the public.

It’s almost as if there should be an official government service / platform specifically for that purpose. A state run Twitter. (Maybe they could use mastodon under the hood.)

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