“Fidelity is currently valuing X at about $9.4 billion”

I found this funny.

  • mynameisigglepiggle@lemmy.world
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    2 months ago

    Meanwhile he is on track to become the world’s first trillionaire

    I think the purchase was more about welding power than any financial gain

    • Ilovethebomb@lemm.ee
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      2 months ago

      Hasn’t his wealth kinda flatlined lately though? X is doing terribly, Tesla is struggling a bit, I think SpaceX is at least doing well.

      I don’t think he’s going to be a trillionaire any time soon.

    • jaemo@sh.itjust.works
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      2 months ago

      Now, call me crazy, but if I was optimizing for maximum welding power, I’d start with oxy acetylene and at least try a few other options. How would buying a website even be a good start?

      No wonder people are making fun of him!

    • Pilgrim@lemmy.world
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      2 months ago

      Would you not agree that he has a tool of influence with X? I see that as the main aspect of why you’d still buy twitter, even though he knew he wouldn’t earn money with that.