Bernie Ecclestoned@sh.itjust.works to Technology@lemmy.worldEnglish · 1 year agoAccording to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billionfinance.yahoo.comexternal-linkmessage-square7fedilinkarrow-up110arrow-down12
arrow-up18arrow-down1external-linkAccording to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billionfinance.yahoo.comBernie Ecclestoned@sh.itjust.works to Technology@lemmy.worldEnglish · 1 year agomessage-square7fedilink
minus-squareKraven_the_Hunter@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up4·1 year agoCheer up Elon - it wasn’t worth $44B when you bought it, so it’s lost significantly less value than you think!
minus-squareEndorkend@kbin.sociallinkfedilinkarrow-up2·1 year agoMost 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.
minus-squarepaper_clip@kbin.sociallinkfedilinkarrow-up2·1 year ago Meanwhile, you have the Elon fanboys still pretending Twitter is doing better than it ever has. reply Well, it is, if you’re a Nazi.
Cheer up Elon - it wasn’t worth $44B when you bought it, so it’s lost significantly less value than you think!
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.
Well, it is, if you’re a Nazi.