this post was submitted on 31 Oct 2023
1079 points (95.4% liked)

Technology

59440 readers
5762 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
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
1079
One year after being bought for $44 billion, X is worth $19 billion (arstechnica.com)
submitted 1 year ago by [email protected] to c/[email protected]
186 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] -5 points 1 year ago (1 children)

Hadn't it already massively dropped in value before the purchase was finalized, and that's why he wanted to back out? How is everybody overlooking that?

[โ€“] [email protected] 12 points 1 year ago* (last edited 1 year ago)

Twitter was never worth anywhere close to the 40 billion he publicly announced he'd pay for it whether or not a "significant" drop before purchase occurred.