I thought elon was supposed to be smart
That's what X is valuing itself at, not what it's worth. We'll get a better sense of what it's worth when it goes back on the market or goes bankrupt, whichever happens first. Right now I have a hard time imagining anyone would pay that much for it. For context Snapchat, which has had a lot more success with advertising lately, is worth about $16 billion.
Is this just part of the playbook for him to not have to pay taxes by saying he lost all his money??
what is the tech angle here?
I am so happy for that🥰
A job creator at work. What an impressive sight.
If it keeps trajectory ill be able to afford the whole of twitter
Is that before or after you factor in the $13 billion debt it took on to buy itself on Musk's behalf?
Works hard to forward his companies like X which lost billions in value cos of his stupidity? Where's his Hyperloop? I wouldn't buy a Tesla if it were the only car in existence. I'm even tired of his name.
Does Musk have a short position we don’t know about?
He took it private so, although there can be shares, they aren't traded on the open market. So no positions to short.
sound investment
This is a most excellent place for technology news and articles.
