A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.

I assume it's also priced that way because it can be used for propaganda.

Legacy media, hasn't made a profit for years? There's always some rich fascist cunt or nasty foreign government willing to buy it for more than it's worth so they can push their agenda.

It's not about making money for them. It's about power and influence.