this post was submitted on 30 Sep 2024
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Elon Musk’s X is now valued at less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity.

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[–] [email protected] 20 points 1 month ago (1 children)

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.

[–] [email protected] 10 points 1 month ago

This is not about money but about ideology. They want fascism to win in the US and they'll pay any amount of money.