Comment on Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price
14th_cylon@lemm.ee 3 months agoI do think he was essentially forced to buy it.
he was, but it doesn’t contradict what i said. if he had a way to back out of his stupid bragging offer for 1b, and all he cared about was money, the reasonably thing would be to pay the fine, instead of paying 44 billion for something that doesn’t generate profit.
atrielienz@lemmy.world 3 months ago
Yeah, but he didn’t pay $44Bn out of his own pocket.
14th_cylon@lemm.ee 3 months ago
that’s irrelevant. he owes someone 44B.
atrielienz@lemmy.world 3 months ago
If I take out a loan to buy a home, I don’t own the home outright. The creditor owns the home until I pay off the debt. I’m likening the situations because I want to make it clear that he didn’t put in his own money to buy it.