Comment on 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

Kraven_the_Hunter@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago

• Endorkend@kbin.social ⁨1⁩ ⁨year⁩ ago

  Most valuations by actual economists and the like was in the 20-25B range. So it still lost a 5x in value, which is only marginally worse than 10x.

  Meanwhile, you have the Elon fanboys still pretending Twitter is doing better than it ever has.

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  • paper_clip@kbin.social ⁨1⁩ ⁨year⁩ ago

    Meanwhile, you have the Elon fanboys still pretending Twitter is doing better than it ever has.
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    Well, it is, if you're a Nazi.

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    • CMLVI@kbin.social ⁨1⁩ ⁨year⁩ ago

      Same person

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  • KIM_JONG@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Does he still even have fanboys? Like maybe a dozen or so?

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    • IronKrill@lemmy.ca ⁨1⁩ ⁨year⁩ ago

      I see a lotta Blue subscribers riding him, but they’re surely a loud minority

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• fubo@lemmy.world ⁨1⁩ ⁨year⁩ ago

  The point of acquiring Twitter wasn’t to make money; it was to take away something that woke lefty journalists like and give it to fascists.

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  • grte@lemmy.ca ⁨1⁩ ⁨year⁩ ago

    Have you considered that Elon Musk is a dumbass rather than a super genius?

    The guy didn’t plan on buying twitter. He was made to after he tried gaming the system and fucked it up.

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    • gregorum@lemm.ee ⁨1⁩ ⁨year⁩ ago

      Both things can be true

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      • ThePenitentOne@discuss.online ⁨1⁩ ⁨year⁩ ago

        Incredibly inflated ego and self-image combined with poor emotional maturity and self-control after a life of entitlement. He said it to piss people off and then came back to eat shit, but unfortunately is also so rich he can throw his money away and have it barely matter.

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    • phillaholic@lemm.ee ⁨1⁩ ⁨year⁩ ago

      Yea it’s this. If he was smart he wouldn’t make himself look like a total idiot every week.

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    • fubo@lemmy.world ⁨1⁩ ⁨year⁩ ago

      And? I seem to recall that he fantasized about doing it loudly enough and in enough detail, that he was legally obligated to follow through to avoid being charged with securities fraud.

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      • grte@lemmy.ca ⁨1⁩ ⁨year⁩ ago

        This is marvel-brained fantasy. The guy played games and ended up with a business he doesn’t understand and never should have been in charge of. He’s not a super-villain, he’s a dumbass nepotism case.

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  • Uncle_Bagel@midwest.social ⁨1⁩ ⁨year⁩ ago

    Honestly, i think he wanted to oump and dump the stock and was flabbergasted when Twitter forced him to purchase it for the full price he states.

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  • CharlesDarwin@lemmy.world ⁨1⁩ ⁨year⁩ ago

    To see him explain it on Xitter or with a cartoon meme or whatever, he was in the “center”, and the radical left was so extreme that they brought the Overton window to the left and ruined his day, and were super mean to him, too, I guess. In other words, look at what you made him do, all normal Americans!

    Or something. I guess the super-mean liberals also stole his hair, too.

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    • 0000011110110111i@lemm.ee ⁨1⁩ ⁨year⁩ ago

      Xitter

      Is that pronounced “shitter”? Very appropriate.

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      • CharlesDarwin@lemmy.world ⁨1⁩ ⁨year⁩ ago

        That’s the best pronunciation, IMHO.

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• indigomirage@lemmy.ca ⁨1⁩ ⁨year⁩ ago

  Exactly.

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