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

Commiunism@lemmy.wtf ⁨1⁩ ⁨year⁩ ago

Wasn’t twitter worth way, way less than musk paid for the company’s acquisition (like 2x or more)? If so, the 4 billion evaluation is still probably much higher than what most people were anticipating the company would be worth under musk in 1-2 years after acquisition. Great job elon, exceeding expectations yet again.

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