Elon Musk now owns Twitter, apparently trying to run it into the ground

[rpgamer]

The monetary value feels pretty irrelevant when the social value is completely gone.

[katt_goddess]

2 hours ago, 1pooh4u said:

Right?!? Anyone thinking this valuation wasn’t literally beat out of whoever makes those decisions, instead of an honest valuation is a fuckin moron.  

"Say I'm pretty and I'll give you $100!'

[naraku360]

3 hours ago, 1pooh4u said:

Right?!? Anyone thinking this valuation wasn’t literally beat out of whoever makes those decisions, instead of an honest valuation is a fuckin moron.  

Yeah, @Master-Debater131 is a fuckin moron.

[PenguinBoss]

13 hours ago, Master-Debater131 said:

Elon Musk’s X obtains $44bn valuation in sharp turnaround

https://www.ft.com/content/d4616dec-c4c7-417f-8549-134710bbc5b1

 

So much for running it into the ground. X has completely rebuilt its value and is now worth the same as what it was purchased for.

 

Paywalled. What exactly do they attribute to it making up what it lost and more than doubling its initial value? Did it go up every time a user said the N word?

I'm sure it's a coincidence that it happened after Musk was given a position to cut funding to everything he doesn't like.

[Doom Metal Alchemist]

9 hours ago, PenguinBoss said:

Paywalled. What exactly do they attribute to it making up what it lost and more than doubling its initial value? Did it go up every time a user said the N word?

I'm sure it's a coincidence that it happened after Musk was given a position to cut funding to everything he doesn't like.

I just want to point out that this is literally not even snark, this is just by far the most likely scenario.

[Sieg67]

https://www.latintimes.com/house-democrats-tear-white-house-assigning-musk-signalgate-investigation-dumb-f-kin-idiot-579370

 

Although a bit misleading, I like the headline.

What it refers to...
""It must say 'dumb f***in idiot' written across all our foreheads," DCCC wrote on X."

Edited Thursday at 11:48 PM by Sieg67

[1pooh4u]

Not like anyone will go after him but maybe just maybe if we make it out of these 4 years he’ll get locked up for fraud and interference 

[Raptorpat]

 

[Jman]

Book cooking.

[SwimOdin]

That seems perfectly legal and not at all fraudulent.

[katt_goddess]

6 minutes ago, SwimOdin said:

That seems perfectly legal and not at all fraudulent.

This is the exact same thing that Drumpf has done - have a property that goes to shit, claim to have sold it at a loss for the tax benefits, really just 'sells' it to some other company that -surprise- he's the sole owner of under all the fine print. Rinse, repeat. 100% fraudulent but it takes an auditor with an actual spine and balls AND money to go after him since he sues anyone who says anything bad about him.

[1pooh4u]

3 hours ago, Raptorpat said:

 

That explains that ridiculous valuation it received that got what’s her face all wet in the pants 🙄

[Sieg67]

4 hours ago, Raptorpat said:

 

[SwimOdin]

Conspiracy theory time!

What if everything he did and he’s doing was to clear the way for this bizarre and most likely illegal shuffling of debt? He’s much less likely to suffer any consequences now, and he can rid himself of the albatross he turned Twitter into.

[Sieg67]

There's also all of this to think about.