X is officially worth less than half of what Elon Musk paid for it
...interesting strategy
https://www.theverge.com/2023/10/30/23938969/x-twitter-valuation-19-billion-employee-shares
Discussion
You could have stopped before "than". 😉
If musk would have bought #Bitcoin instead, he would have been up..
Right
He is living proof that geniuses can be retarded
We have a broken nation, economy and people
Ignorance is bliss
He thinks it's "bad for the environment" 🙄
Maybe, but even after proof.. He is likely just confirming to his Tesla customers..
way up. remember, he sold 75% of tesla's #bitcoin holdings just before buying xitter. a very peculiar strategy 🤔
That’s right! Not even considering that..
And just before that he was tweeting ‘ 💎🙌 ‘ 🤣🤣🤣
Two options:
1. He’s an idiot (very possible)
2. He knew the real buyer of Twitter would not be the users, but governments and foreign powers interested in controlling the platform. From that perspective, he’s probably increased it’s value over this past year.
everything else is a shitcoin
Ayyyyyyy
Asset depreciation may be a multi year write off on the ol taxes. The carbon credit gig is up so gotta rebalance the fuggery anyway.