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Sage of Time
Well-Known Member
Eagerly awaiting Musk selling the whole damn thing off.
Remember when everyone thought Disney would buy it? In retrospect, that would have been great.
Remember when everyone thought Disney would buy it? In retrospect, that would have been great.
It would only have exposed Disney to more culture warriors.
lazyboy97o
Well-Known Member
Twitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity Says
(Bloomberg) -- Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity, which recently marked down the value of its equity stake in the company. Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and...
Better than ever!
Musk’s investment in Twitter is now worth $8.8 billion, according to the Bloomberg Billionaires Index, which uses Fidelity’s valuation to calculate the value of his holding. Musk spent more than $25 billion to acquire an estimated 79% stake in the company last year.Twitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity Says
(Bloomberg) -- Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity, which recently marked down the value of its equity stake in the company. Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and...finance.yahoo.com
Better than ever!
The latest markdown erases about $850 million from Musk’s $187 billion fortune, according to the index. Despite Twitter’s issues, Musk’s wealth is up more than $48 billion this year, largely due to a 63% surge in Tesla Inc.’s share price.
Do you really think he cares? He has the money to do what he wants.
At least Twitter, right now, is worth thousands times more that its actual real world worthiness!Twitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity Says
(Bloomberg) -- Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity, which recently marked down the value of its equity stake in the company. Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and...
Better than ever!
So, Musk's got that going for him!!