this post was submitted on 15 Nov 2024
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The appointment of Elon Musk to lead the proposed department of government efficiency raises concerns, given his track record of business management.
His handling of Twitter/X after its $44 billion acquisition has resulted in a significant decline in its value, with some sources putting the valuation around $9bn.
Doesn't seem very efficient to me.
Not just significant, I'm pretty sure the loss in value is some sort of a record, for real.