this post was submitted on 30 Sep 2024
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Fidelity has cut its estimate of X's value by 79% since Musk's purchase | TechCrunch (techcrunch.com)
submitted 5 days ago by realcaseyrollins@thelemmy.club to c/business@lemmy.world
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[โ€“] reddig33@lemmy.world 6 points 5 days ago (1 children)

Only 79%? That seems optimistic.

[โ€“] Bahnd@lemmy.world 4 points 5 days ago

You can always sell the hardware if the IP/brand truely crashes and burns. Unlike other orgs like WeWork, the artist formerly known as twitter owns assets.