X's value plummets further

[Hanno Labuschagne]

X's value plummets further

Elon Musk’s X is now worth less than a third of the price the billionaire paid for the former Twitter Inc., according to Axios citing disclosures by Fidelity, which helped him complete the $44 billion purchase.

Fidelity cut by a further 11% the value of its holding in X as of the end of November, the report said, citing the latest portfolio update for its Blue Chip Growth Fund.

[Bloomberg]

 

[FiestaST]

I would not worry, EM has it under control.

 

[Dan C]

I can only hope people will stop posting 'X' links.

 

[Vox Populi Vox Dei]

But it's priceless having control of the public square.

 

[FiestaST]

I can only hope we get okes stop moaning about okes posting Twitter/X/xHamster links/posts alas that is unlikely.

The peanut gallery numbers are strong.

 

[backstreetboy]

I can only hope people will stop posting 'X' links.

This. All the X links even forces Safari to reload for me.

 

[flogy]

Elon got rid of 80+% of staff, and it runs smoothly. Got rid of most of the rental properties, and it runs smoothly.

So he grosses less on add revenue, but nets significantly more, and he's not paying any dividends or shareholders, other than repaying a loans.

X is doing very fine....

 

[Easter Bunny]

Elon got rid of 80+% of staff, and it runs smoothly. Got rid of most of the rental properties, and it runs smoothly.

also on his way to getting rid of almost 80% of the company's value. and he's also on track to getting rid of 80% of the advertisers.

 

[Jet-Fighter7700]

so when does Elon musk sell it for a nice profit, in some sort of weird PUT share price scam.
after all that 44 billion loan wont pay for itself.

 

[BBSA]

https://twitter.com/x/status/1742168874945237048

 

[Grieta Thanburg]

https://twitter.com/x/status/1742168874945237048

Please can we be considerate and stop posting these links? I understand it creates emotional trauma for some members.

 

[jambai]

I honestly think Elon don’t care what happens to X as to him not about the money . The only thing is that it must take his attention away from Tesla where surely he adds more value .

 

[Mirai]

Terrible. What will we ever do now.

 

[HibiscusTunes]

Elon got rid of 80+% of staff, and it runs smoothly. Got rid of most of the rental properties, and it runs smoothly.

So he grosses less on add revenue, but nets significantly more, and he's not paying any dividends or shareholders, other than repaying a loans.

X is doing very fine....

Nice try, Elon...

 

[lmao]

But it's priceless having control of the public square.

People are such muppets, honestly.

 

[lmao]

so when does Elon musk sell it for a nice profit, in some sort of weird PUT share price scam.
after all that 44 billion loan wont pay for itself.

Because money is the only thing that matters in the world, right? Even when someone says that their motivations had nothing to do with money, it's really about the money, right?

 

[whatwhat]

so when does Elon musk sell it for a nice profit, in some sort of weird PUT share price scam.
after all that 44 billion loan wont pay for itself.

People care more about he does with his own money, then the billions the governments are wasting on random ****.

 

[BBSA]

https://twitter.com/x/status/1742315551622615198

 

[lkpat]

This. All the X links even forces Safari to reload for me.

Apple. Lol

 

[system32]

Elon Musk’s Top 10 Free Speech Moments in 2023​

https://foundationforfreedomonline.com/elon-musks-top-ten-moments-for-free-speech-in-2023/

Seems like Musk is on the correct path.