this post was submitted on 30 Sep 2024
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1117
Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price (techcrunch.com)
submitted 1 month ago by GeneralInterest@lemmy.world to c/technology@lemmy.world
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"Fidelity is currently valuing X at about $9.4 billion"

I found this funny.

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[–] Phoenicianpirate@lemm.ee 22 points 1 month ago (1 children)

My first thought is 'I can't wait for it to turn zero' but then I realize that 79% decline from 44 billion still means it is worth 9.24 billion.

And that is still a shitload of money.

[–] Benchamoneh@lemmy.dbzer0.com 7 points 1 month ago

But on the plus side, this idiot is 34.76 billion poorer