Remind me to pick up elons next book, “how I turned 40 million in real estate into 37 dollars and 5 restraining orders”
allthatglittersis___ on
Worth every penny
Bad_Karma19 on
Still way too high.
beepos on
Hmm, seems overvalued
Cybralisk on
That valuation still would have been high even before Musk tanked it and all the advertisers left.
angrymonkey on
Less than half its value before Musk bought it for twice as much.
dethb0y on
Still way over-valued.
Dreaminginslowmotion on
And yet his fanboys still can’t stop worshipping the 4d genius.
The_best_is_yet on
What’s X again?
Tzunamitom on
This is the guy that wants to run D.O.G.E?
Department Of Government Eulogy more like.
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.
iaseth on
Regardless of whatever Musk did to make it worse, I don’t think Twitter was ever worth $44B
NeedzFoodBadly on
It still seems generous.
YZYSZN1107 on
this is the real reason he wants Trump to win so he can get a cushy government job with benefits.
Stable_Orange_Genius on
Only an idiot would rename Twitter. Only a moron would name a product x
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.
_bitetheapple_ on
Hahahahahahahaha
curiouscat14 on
So X went woke did they
/s
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.
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.
franchisedfeelings on
Wow – another stabile genius. The art of the deal. Only I can fix it. etc.
lolas_coffee on
G E N I U S .
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.
Fluid_Ask2636 on
Still $9.5 billion too high.
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!
oxodoboxo on
That government efficiency is promising 🤣🤣💀💀
83CO on
I value X at half a bag of stale cool ranch Doritos.
karma3000 on
Can’t wait for Leon’s new book “The Art of the Deal”
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.
30 Comments
Remind me to pick up elons next book, “how I turned 40 million in real estate into 37 dollars and 5 restraining orders”
Worth every penny
Still way too high.
Hmm, seems overvalued
That valuation still would have been high even before Musk tanked it and all the advertisers left.
Less than half its value before Musk bought it for twice as much.
Still way over-valued.
And yet his fanboys still can’t stop worshipping the 4d genius.
What’s X again?
This is the guy that wants to run D.O.G.E?
Department Of Government Eulogy more like.
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.
Regardless of whatever Musk did to make it worse, I don’t think Twitter was ever worth $44B
It still seems generous.
this is the real reason he wants Trump to win so he can get a cushy government job with benefits.
Only an idiot would rename Twitter. Only a moron would name a product x
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.
Hahahahahahahaha
So X went woke did they
/s
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.
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.
Wow – another stabile genius. The art of the deal. Only I can fix it. etc.
G E N I U S .
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.
Still $9.5 billion too high.
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!
That government efficiency is promising 🤣🤣💀💀
I value X at half a bag of stale cool ranch Doritos.
Can’t wait for Leon’s new book “The Art of the Deal”
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.
35 billion. POOF