Twitter valued at $9.4 billion - 80% less than what Musk paid for it

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tacnet
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Twitter valued at $9.4 billion - 80% less than what Musk paid for it

#1

Post by tacnet » February 7th, 2025, 8:01 pm

Elon Musk’s X is worth nearly 80% less than when he bought it, Fidelity estimates

https://edition.cnn.com/2024/10/02/busi ... index.html

He might be the world's richest man but he's really run twitter into the ground (although I don't suppose he really gives a shit :lol: )

Hope he doesn't do the same with the US government

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#2

Post by TheButcher » February 7th, 2025, 8:06 pm

I just checked Google for Elon Musk's net worth, it stands at 406.7 billion dollars, I doubt he cares about the value of Twitter, my opinion he bought it to have a platform to speak on. I may be wrong.

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#3

Post by tacnet » February 7th, 2025, 8:17 pm

He seems to get bored very quickly.

He got bored of Tesla and moved onto Space X. Then he got bored of that and bought Twitter. Now he seems to have got bored of twitter and so him and his band of teenage ninja turtles are going through the federal government like a chimp with a chainsaw :lol:

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#4

Post by Hosting Fred » February 8th, 2025, 9:19 am

Say what you will Musk has made Twitter leaner and more open to free speech.




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#5

Post by tacnet » February 8th, 2025, 6:43 pm

Hosting Fred wrote: ↑
February 8th, 2025, 9:19 am
Say what you will Musk has made Twitter leaner and more open to free speech.
It's lost 80% of its value !!!

You can hardly say that it was a shrewd investment

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#6

Post by TheButcher » February 8th, 2025, 6:48 pm

tacnet wrote: ↑
February 8th, 2025, 6:43 pm
Hosting Fred wrote: ↑
February 8th, 2025, 9:19 am
Say what you will Musk has made Twitter leaner and more open to free speech.
It's lost 80% of its value !!!

You can hardly say that it was a shrewd investment

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#7

Post by Matty2 » February 9th, 2025, 8:48 am

He's worth over $400B does he care if some of the $44B he paid for twitter has gone down for now.




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#8

Post by jag » February 10th, 2025, 6:41 am

How did it lose so much value that is unbelievable.
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#9

Post by ispdn » February 12th, 2025, 2:13 pm

Musk has his own social media site that is probably worth more than $40 billion to him personally




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#10

Post by AlexO » February 14th, 2025, 8:31 am

It's still the best platform to post adult content to
Give me celebrity porn :twisted:

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#11

Post by TheButcher » February 15th, 2025, 11:54 am

AlexO wrote: ↑
February 14th, 2025, 8:31 am
It's still the best platform to post adult content to


Amen

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#12

Post by gspotman » February 16th, 2025, 8:51 am

Musk made Twitter open up to free speech and re-instated banned users that is the best thing he did.
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#13

Post by fetishnews » February 17th, 2025, 8:02 am

I doubt Elon Musk loses any sleep over it




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#14

Post by vblogger » February 18th, 2025, 8:36 am

fetishnews wrote: ↑
February 17th, 2025, 8:02 am
I doubt Elon Musk loses any sleep over it
When does he sleep the guy has so much going on




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#15

Post by urbanlegend » February 19th, 2025, 8:52 am

What caused the drop in price?




Twitter valued at $9.4 billion - 80% less than what Musk paid for it

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