this post was submitted on 30 Sep 2024
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1119
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] 1 points 1 month ago

Exactly this. He made an offer publicly, which was accepted and legally binding. He overpaid substantially and proceeded to run the company into the ground.