Comment on Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price
sensiblepuffin@lemmy.world 1 month agoA cable subscription isn’t a depreciating asset, though.
Comment on Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price
sensiblepuffin@lemmy.world 1 month agoA cable subscription isn’t a depreciating asset, though.
CleoTheWizard@lemmy.world 1 month ago
To clarify, I was thinking of the depreciating asset part as a loss of value the same way that a subscription is.
sensiblepuffin@lemmy.world 1 month ago
It’s a fair argument, especially given how much… entertainment he seems to derive from owning it.