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- cross-posted to:
- business
- news
- [email protected]
“Fidelity is currently valuing X at about $9.4 billion”
I found this funny.
“Fidelity is currently valuing X at about $9.4 billion”
I found this funny.
If someone were to buy it, ban the Nazis and get advertisers to come back it’s still salvageable, I guess. The longer Musk owns it, the bigger the chance is that it’ll become the next MySpace.
At least the MySpace guy was able to run a fun site, cash out before social media became crazy, and spend the rest of his life having fun with that money.
Trump will lose, and Musk will be holding on to a useless site that serves nothing. He’ll probably sell for a fraction of what he paid (not that it was his money in the first place), but by that point it’ll be too late. Twitter will be long dead.
I think MySpace is a more likely scenario that the former already.