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    Fidelity hat den Wert von X von 44 Milliarden US-Dollar auf 9,4 Milliarden US-Dollar gesenkt

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    30 Comments

    1. louiegumba on

      Remind me to pick up elons next book, “how I turned 40 million in real estate into 37 dollars and 5 restraining orders”

    5. Cybralisk on

      That valuation still would have been high even before Musk tanked it and all the advertisers left.

    6. angrymonkey on

      Less than half its value before Musk bought it for twice as much.

    8. Dreaminginslowmotion on

      And yet his fanboys still can’t stop worshipping the 4d genius.

    10. Tzunamitom on

      This is the guy that wants to run D.O.G.E?

      Department Of Government Eulogy more like.

    11. TheNumberOneRat on

      Ouch.

      Elon has done (accidentally) one good thing with Twitter. By renaming it X, the post bankruptcy owner can easily signify a break from Elon by reverting the name.

    12. iaseth on

      Regardless of whatever Musk did to make it worse, I don’t think Twitter was ever worth $44B

    14. YZYSZN1107 on

      this is the real reason he wants Trump to win so he can get a cushy government job with benefits.

    15. Stable_Orange_Genius on

      Only an idiot would rename Twitter. Only a moron would name a product x

    16. Thadrea on

      Still horrendously overvalued, but I feel for whatever analyst at Fidelity has to take whatever their *real* estimate is and find some way to inflate it enough that they can present it to Abigail.

      Doctoring numbers to please the powers that be is not fun.

    19. EnoughDatabase5382 on

      x.com is a worthless advertising vehicle for reputable companies, but a goldmine for influencers and hate groups to propagate their ideologies. This is, in essence, shadow work that cannot be quantified in terms of corporate value.

    20. BarelyContainedChaos on

      I wish I knew how to short a stock. I bet its easy. I’d get rich from these losers that invested in some bullshit.

    21. franchisedfeelings on

      Wow – another stabile genius. The art of the deal. Only I can fix it. etc.

    23. PadreSJ on

      Mush paid $44b for a $20b company, then in the span of a year he turned it into a $10b company.

      … And it’s not at bottom by a longshot.

      Twitter had a $50m a year debt service, which gave it a lot of runway. Musk saddled Twitter with b/t $10-15b of debt from the purchase and another $1b from the first year deficit.

      The debt service is now over $1.5 b a year.

      Twitter’s revenue was $3.4b in 2023 (22% drop year-over year) and the loss in the all-important “active users who contribute original content” is likely to see 2024 revenue drop to half of what it was pre-Elon.

      If this continues, Twitter will eventually reach a point at which the debt service alone is more than the total revenue of Twitter.

    25. TuffNutzes on

      I fired 80% of the workforce and started a trend in tech for everyone to start laying people off and firing people. See what a genius I am and how much money I made!

    29. BuzzingFromTheEnergy on

      He’s successfully shut it down as a public tool used to criticize him, Trump, the Saudi royal family, and Erdoğan, among others.

      Which I’ve always suspected was more the plan.

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