Haha the poor company is only worth 11 billion. Fuckin' worthless. Surely Elon can't do anything to influence the world with one of his companies barely worth anything.
But I am glad it's value is going down. Twitter sucks.
this post was submitted on 30 Sep 2024
175 points (96.8% liked)
Technology
1224 readers
67 users here now
Which posts fit here?
Anything that is at least tangentially connected to the technology, social media platforms, informational technologies and tech policy.
Rules
1. English only
Title and associated content has to be in English.
2. Use original link
Post URL should be the original link to the article (even if paywalled) and archived copies left in the body. It allows avoiding duplicate posts when cross-posting.
3. Respectful communication
All communication has to be respectful of differing opinions, viewpoints, and experiences.
4. Inclusivity
Everyone is welcome here regardless of age, body size, visible or invisible disability, ethnicity, sex characteristics, gender identity and expression, education, socio-economic status, nationality, personal appearance, race, caste, color, religion, or sexual identity and orientation.
5. Ad hominem attacks
Any kind of personal attacks are expressly forbidden. If you can't argue your position without attacking a person's character, you already lost the argument.
6. Off-topic tangents
Stay on topic. Keep it relevant.
7. Instance rules may apply
If something is not covered by community rules, but are against lemmy.zip instance rules, they will be enforced.
Companion communities
[email protected]
[email protected]
Icon attribution | Banner attribution
founded 10 months ago
MODERATORS
79% is closer to 1/5, it's down to 9.24 billion.
9.4 billion is the value mentioned on the article. 78.7% devaluation.
He tossed 33 billion dollars (so far) in the trash.
If Trump wins and the fascists triumph and his twitter buyout is seen as instrumental to that... well, good job I guess. He'll still never recoup that amount from trump government handouts. It's a ridiculous amount of money.
If Trump loses he'll have thrown away the money and his reputation for... nothing. A true business genius.
This is not about money but about ideology. They want fascism to win in the US and they'll pay any amount of money.