Comment on One year after being bought for $44 billion, X is worth $19 billion

• Black616Angel@feddit.de ⁨1⁩ ⁨year⁩ ago

  Well akschually probably about 22/23 billion were cash according to reuters.

  reuters.com/…/how-will-elon-musk-pay-twitter-2022…

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  • UnderpantsWeevil@lemmy.world ⁨1⁩ ⁨year⁩ ago

    According to a Reuters calculation, Musk had about $20 billion cash after selling part of his stake in Tesla through multiple transactions in November and December last year and April and August.

    My mistake. I assumed he’d simply swapped the Tesla stock at face value, rather than cashing it out via a brokerage.

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    • Black616Angel@feddit.de ⁨1⁩ ⁨year⁩ ago

      No problemo. I usually don’t give a shit about this kind of stuff, but if a single person buys for such a huge sum, I maybe look into it.

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