this post was submitted on 26 Sep 2023
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Musk is told his platform, now known as X, must comply with new laws designed to combat fake news and Russian propaganda

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[โ€“] Chainweasel@lemmy.world 12 points 11 months ago* (last edited 11 months ago) (1 children)

The company stock price would halve.

Elon took it private, it doesn't have a stock price anymore. But it does have a valuation, which is basically it's appraisal value, and that's already significantly lower than what he paid for it.

[โ€“] Gamey@feddit.de 3 points 11 months ago

It was valued at roughtly a third but that was before the rebrand, now it's probably quite a bit lower!