I thought elon was supposed to be smart
this post was submitted on 31 Oct 2023
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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??
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A job creator at work. What an impressive sight.
I am so happy for that🥰
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.
sound investment
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.