this post was submitted on 07 Sep 2023
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[–] [email protected] 403 points 1 year ago (3 children)

Cheer up Elon - it wasn't worth $44B when you bought it, so it's lost significantly less value than you think!

[–] [email protected] 92 points 1 year ago (2 children)

Most valuations by actual economists and the like was in the 20-25B range. So it still lost a 5x in value, which is only marginally worse than 10x.

Meanwhile, you have the Elon fanboys still pretending Twitter is doing better than it ever has.

[–] [email protected] 96 points 1 year ago (1 children)

Meanwhile, you have the Elon fanboys still pretending Twitter is doing better than it ever has.
reply

Well, it is, if you're a Nazi.

[–] [email protected] 27 points 1 year ago
[–] [email protected] 2 points 1 year ago (1 children)

Does he still even have fanboys? Like maybe a dozen or so?

[–] [email protected] 2 points 1 year ago

I see a lotta Blue subscribers riding him, but they're surely a loud minority

[–] [email protected] 53 points 1 year ago (3 children)

The point of acquiring Twitter wasn't to make money; it was to take away something that woke lefty journalists like and give it to fascists.

[–] [email protected] 105 points 1 year ago (3 children)

Have you considered that Elon Musk is a dumbass rather than a super genius?

The guy didn't plan on buying twitter. He was made to after he tried gaming the system and fucked it up.

[–] [email protected] 17 points 1 year ago

Yea it's this. If he was smart he wouldn't make himself look like a total idiot every week.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago) (1 children)

And? I seem to recall that he fantasized about doing it loudly enough and in enough detail, that he was legally obligated to follow through to avoid being charged with securities fraud. The reason he wanted to do it was to take a communications medium away from the liberals and give it to the Nazis.

[–] [email protected] 10 points 1 year ago* (last edited 1 year ago)

This is marvel-brained fantasy. The guy played games and ended up with a business he doesn't understand and never should have been in charge of. He's not a super-villain, he's an ordinary villain, dumbass nepotism case.

[–] [email protected] 7 points 1 year ago

Honestly, i think he wanted to oump and dump the stock and was flabbergasted when Twitter forced him to purchase it for the full price he states.

[–] [email protected] 3 points 1 year ago (1 children)

To see him explain it on Xitter or with a cartoon meme or whatever, he was in the "center", and the radical left was so extreme that they brought the Overton window to the left and ruined his day, and were super mean to him, too, I guess. In other words, look at what you made him do, all normal Americans!

Or something. I guess the super-mean liberals also stole his hair, too.

[–] [email protected] 3 points 1 year ago (1 children)

Xitter

Is that pronounced “shitter”? Very appropriate.

[–] [email protected] 1 points 1 year ago

That's the best pronunciation, IMHO.

[–] [email protected] 18 points 1 year ago