this post was submitted on 23 Jul 2023
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Enough Musk Spam
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Dead bird in hand is worth $44B
That not what it’s worth, that’s what a certain idiot paid for it.
Current estimates are that it’s worth $10-15B right now. Possibly less if he destroys the last shards of brand equity by rebranding the site.
I think one of the banks that’s holding a good chunk of his debt estimated twitter lost 2/3 of its value since purchase.
I'd like to know more about who at these banks thought investing in Twitter at $44 B was a good idea.