X now valued at $44B, the exact sum Elon Musk paid for the social media site in 2022

https://www.independent.co.uk/news/world/americas/us-politics/elon-musk-x-valuation-price-b2718009.html

by lurker_bee

25 comments

  2. Good read. I like the part where it’s all financial smoke and mirrors with a hint of corruption.

  3. If we could get more people to leave the site, we could stick it to Musk and his idiot investors.

  4. Is that why he needed to beg for a government job? Dive Dive Dive

  10. This is the part where he sells it to the US government for a modest 88 billion.

  11. There’s absolutely no way for them to validate this

    Which advertisers want to have their brands next to a bunch of Nazi propaganda?

  12. The value is what people will pay for it. He got some of his rich friends to increase the valuation. That’s it.

  14. Aka the price it takes to own a shitty (though not small) demographic.

    What a fucked up world we are living in.

  15. Who would pay $44 Billion for it right now? No one.

  17. They can value it at any arbitrary number, but nobody is gonna buy it for anywhere near that amount.

  18. Twitter is gone. X is just bot arguing with bot. Nothing is real, except the assholes who think it’s real. But it’s not real.

  19. Seemsi optinistic…

    His borrowing ratio vs private valuation will be low

    No one will want to buy anything from him in future

  20. It could be completely underwater and he’d think it was a fine investment because it bought him the entire GOP and power of the U.S. Government.

  21. A lot of people are saying bullseye, but I don’t believe that to be the case. Didn’t the election demonstrate that there is value in the company beyond just the profit and loss statement? I mean, if somebody thought that Elon would sell it for that price, wouldn’t a Democrat supporting billionaire jump at the opportunity?

  22. From the some appraisers that brought you “Mar-A-Lago”

  23. It’s more valued at 44b because he’s trying to sell shares to pay off debt. Anyone read the article? Lol

  25. Haven’t used it since it went to shit around 2016. 🤮

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