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Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price (techcrunch.com)

submitted 1 month ago by [email protected] to c/[email protected]

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

I found this funny.

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[–] [email protected] 171 points 1 month ago* (last edited 1 month ago) (18 children)

And yet, he's still one of the what, 5 richest people on the planet?

He doesn't give a shit, and neither should you (as nice as the schadenfreude might feel). He got something worth more to him than plain old money - an established propaganda platform, which he is using as he intended - to war monger and otherwise interfere in politics to ensure fascism progresses as fast as he can help it. The "dent" (more like a surface scratch) it put in his finances is completely invisible and irrelevant to him.

And it should be to you, too.

He is NEVER going to end up without means or power, not even fucking close, unless we take them from him, and abolish the system that encouraged and enabled him to amass them in the first place.

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