Technology

Cheer up Elon - it wasn't worth $44B when you bought it, so it's lost significantly less value than you think!

It astounds and amazes me that there was a time Elon could have feasibly been considered a smart, level-headed entrepreneur. The whole submarine thing with the trapped kids really was the beginning of his unraveling. I for one thank Elon Musk for proving once and for all to even the most shameless corpo-apologists that having a ton of money doesn't magically make you smart or cool. The dude's an idiot, and I love watching him self-destruct.

He overpaid for a piece of shit and ran it into the ground.

Everyone with a used BMW knows the feeling.

South African Magician Makes $40B Disappear!

Can this man baby just go away? No one cares dude. Enjoy your overpriced echo chamber.

When no-one was looking, Elon Musk lost forty billion. He lost 40 billion. That's as many as four tens billions. And that's terrible.

I could be remembering wrong but Twitter was only worth $15B at best, and Elon bought it for $44B because he's that smart.

Didn't Elon have the opportunity to end world hunger for 8 billion dollars a couple years ago?

For that to be true, it would have needed to be worth $44B in the first place, which it absolutely was not. But there is no doubt that his mismanagement has tanked the value of the investment. He's a narcissist so never see it that way, but the whole rest of the world knows that.

Imagine having so much wealth that he can walk away from his utter failure at Xitter and remain completely unaffected. For him, this is like some side-hustle vanity project a bored trophy wife runs.

Can this fuck buy russia and fox “news”?

When you have a net worth measured in the billions of dollars, it's genuinely impressive to be able to lose money. With that kind of sum behind your name, you could just do nothing and out-earn most people on the planet with just interest alone. To actually be able to lose money? Now that takes work!

let that sink in.

$4B seems also a tad too high.

No tears shed here. The people who built Twitter got a nice payout when they absolutely robbed Elon Musk in that deal. Anyone who chose to stay on the Elon train after his first weeks at the helm gets no sympathy from me.

I wouldn't normally trust his math but he might have gotten this one right

And he's blaming the anti defamation league...

This is the 4-D chess at play actually - now that it's been delisted, there can't be any securities class action against him. taps forehead

Listen all y’all it’s a SABOTAGE

Nobody ever said you had to be smart to be a billionaire... or a good person.

He's just that good at business. Truly an unstoppable force in the world of commerce. Capitalism really is the best system. No problems.

I really hope the original owners re-buy Twitter for a fraction of what they sold it for lol

I'm sure Putin and the Saudis comped him accordingly

This serves him somehow, not sure how but he's used social media and PR to make money through market manipulation before.

I doubt his mental math is accurate on the value loss anyways.