this post was submitted on 30 Sep 2024
1109 points (97.0% liked)

Technology

58766 readers
3523 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
enu@lemm.ee
fry@fry.gs
L3s@fry.gs
enu@lemmy.world
L4s@fry.gs
L4s@lemmy.world
1109
Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price (techcrunch.com)
submitted 2 weeks ago by GeneralInterest@lemmy.world to c/technology@lemmy.world
191 comments fedilink hide all child comments
 

"Fidelity is currently valuing X at about $9.4 billion"

I found this funny.

you are viewing a single comment's thread
view the rest of the comments
[–] Wirlocke@lemmy.blahaj.zone 53 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Correct me if I'm wrong but I'm pretty sure he gave an outlandish bid for Twitter to manipulate it's stock prices when he pulled put, but he was sued into following through.

I don't think he ever wanted to buy it, or at least he wanted to crash it's value to come back and buy it on the cheap.