this post was submitted on 31 Oct 2023

1106 points (95.5% liked)

Technology

72278 readers

2949 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago

MODERATORS

L3s@lemmy.world

enu@lemmy.world

technopagan@lemmy.world

L4s@lemmy.world

L3s@hackingne.ws

L4s@hackingne.ws

1106

One year after being bought for $44 billion, X is worth $19 billion (arstechnica.com)

submitted 2 years ago by ijeff to c/technology@lemmy.world

169 comments fedilink hide all child comments

(page 2) 50 comments

sorted by: hot top controversial new old

[–] netwren@lemmy.world 10 points 2 years ago (2 children)

Is this just part of the playbook for him to not have to pay taxes by saying he lost all his money??

[–] Traister101@lemmy.today 4 points 2 years ago* (last edited 2 years ago) (1 children)

Most of his money is in Tesla stock, seeing how that's been going ~~Twitter~~ X will be the last of his money, rather sad huh?

load more comments (1 replies)

[–] Fedizen@lemmy.world 9 points 2 years ago (1 children)

what is the tech angle here?

[–] Tattorack@lemmy.world 4 points 2 years ago

Elon... Whenever anything about tech is discussed knowing the daily routines of some immature south afrikaans billionaire is unavoidable.

[–] tacotroubles@lemmy.world 7 points 2 years ago

If it keeps trajectory ill be able to afford the whole of twitter

[–] clot27@lemm.ee 7 points 2 years ago

I am so happy for that🥰

[–] TWeaK@lemm.ee 7 points 2 years ago

Is that before or after you factor in the $13 billion debt it took on to buy itself on Musk's behalf?

[–] circuitfarmer@lemmy.sdf.org 7 points 2 years ago

A job creator at work. What an impressive sight.

[–] lorez@lemm.ee 6 points 2 years ago

Works hard to forward his companies like X which lost billions in value cos of his stupidity? Where's his Hyperloop? I wouldn't buy a Tesla if it were the only car in existence. I'm even tired of his name.

[–] set_secret@lemmy.world 5 points 2 years ago

sound investment

[–] burliman@lemm.ee 5 points 2 years ago (1 children)

Does Musk have a short position we don’t know about?

[–] kale@lemmy.zip 5 points 2 years ago

He took it private so, although there can be shares, they aren't traded on the open market. So no positions to short.

[–] itsonlygeorge@reddthat.com 4 points 2 years ago

When will it be worth zero? At a rate of $2 billion per month, 10 months??

[–] expatriado@lemmy.world 4 points 2 years ago (2 children)

can't know how much is worth until is sold again

[–] seaQueue@lemmy.world 5 points 2 years ago* (last edited 2 years ago)

"No low ballers, I know what I've got!" - Musk, probably

[–] shotgun_crab@lemmy.world 4 points 2 years ago

I don't think anyone will buy it ever again

[–] RememberTheApollo_@lemmy.world 4 points 2 years ago

Shoulda shorted the fk outta it, lol.

load more comments