this post was submitted on 30 Sep 2024

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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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[–] zarkanian@sh.itjust.works 27 points 1 month ago (2 children)

Didn't he pay too much for it in the first place?

[–] SynopsisTantilize@lemm.ee 8 points 1 month ago

Yea. He made a baseless offer before investigating. And the. Got called on it.

[–] pyre@lemmy.world 4 points 1 month ago (1 children)

paying too much is when you buy a ubisoft game. what he did is officially the worst deal since the financial crisis.

[–] PanArab@lemm.ee 2 points 1 month ago

It is amazing how some people can fail upward