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The infatuation with Musk on this board is something to behold. You remember when a good swath of you made fun of him years ago when he bought twitter and most of you thought that Tesla stock was going to tank (SD)? . You really shouldn't get so caught up in hating him and just bow to your overlord.
Elon Musk’s X is worth nearly 80% less than what he paid for the social platform, previously known as Twitter, when he bought it two years ago, according to new estimates from Fidelity.The financial services company, in its annual Blue Chip Growth Fund report on Saturday, valued X at 78.7% less than the $44 billion he paid for the company in October 2022. That would make X worth $9.4 billion today.Fidelity, according to its report, made a $19.66 million investment into X right before Musk bought the company. At the end of August 2024, Fidelity’s estimated its investment was now worth $4.2 million.
Quote from: I_have_purplewood on January 04, 2025, 01:07:00 PMThe infatuation with Musk on this board is something to behold. You remember when a good swath of you made fun of him years ago when he bought twitter and most of you thought that Tesla stock was going to tank (SD)? . You really shouldn't get so caught up in hating him and just bow to your overlord. Elon paid $44B for Twitter and X is currently worth $10B. Is that not something to laugh about? QuoteElon Musk’s X is worth nearly 80% less than what he paid for the social platform, previously known as Twitter, when he bought it two years ago, according to new estimates from Fidelity.The financial services company, in its annual Blue Chip Growth Fund report on Saturday, valued X at 78.7% less than the $44 billion he paid for the company in October 2022. That would make X worth $9.4 billion today.Fidelity, according to its report, made a $19.66 million investment into X right before Musk bought the company. At the end of August 2024, Fidelity’s estimated its investment was now worth $4.2 million.
Quote from: Institutional Control on January 06, 2025, 10:28:14 AMQuote from: I_have_purplewood on January 04, 2025, 01:07:00 PMThe infatuation with Musk on this board is something to behold. You remember when a good swath of you made fun of him years ago when he bought twitter and most of you thought that Tesla stock was going to tank (SD)? . You really shouldn't get so caught up in hating him and just bow to your overlord. Elon paid $44B for Twitter and X is currently worth $10B. Is that not something to laugh about? QuoteElon Musk’s X is worth nearly 80% less than what he paid for the social platform, previously known as Twitter, when he bought it two years ago, according to new estimates from Fidelity.The financial services company, in its annual Blue Chip Growth Fund report on Saturday, valued X at 78.7% less than the $44 billion he paid for the company in October 2022. That would make X worth $9.4 billion today.Fidelity, according to its report, made a $19.66 million investment into X right before Musk bought the company. At the end of August 2024, Fidelity’s estimated its investment was now worth $4.2 million.It's def something to LOL about, especially since he basically accidentally bought it and way overpaid and then tried to get out of the deal and was forced to purchase it. Unfortunately, he has probably already made up for that loss by a lot by turning it into a MAGA megaphone thus giving him access to Trump and being named Co President.
I'm not sure what he accomplished with it, other than making it so links to this site don't work right and losing a whole bunch of users.
Why are you weirdos talking about one of the richest men in the world who is trying to use his money and platform to influence global politics? Sheesh obsess much?
Quote from: michigancat on January 06, 2025, 12:27:00 PMWhy are you weirdos talking about one of the richest men in the world who is trying to use his money and platform to influence global politics? Sheesh obsess much?Let's only do it for people who have right leaning views though. Who cares about Bezos, Zuck or new Medal of Honor winner because their intent is special..
Quote from: I_have_purplewood on January 06, 2025, 01:09:35 PMQuote from: michigancat on January 06, 2025, 12:27:00 PMWhy are you weirdos talking about one of the richest men in the world who is trying to use his money and platform to influence global politics? Sheesh obsess much?Let's only do it for people who have right leaning views though. Who cares about Bezos, Zuck or new Medal of Honor winner because their intent is special..Didn't Bezos and Zuck both donate $1M to Trump's inauguration?
Quote from: I_have_purplewood on January 06, 2025, 01:09:35 PMQuote from: michigancat on January 06, 2025, 12:27:00 PMWhy are you weirdos talking about one of the richest men in the world who is trying to use his money and platform to influence global politics? Sheesh obsess much?Let's only do it for people who have right leaning views though. Who cares about Bezos, Zuck or new Medal of Honor winner because their intent is special..Is this a serious post? Regardless, it appears we are on the same page and we should get rid of citizens united and get the money out of politics no matter which side. Glad to have you on board PW.
Quote from: michigancat on January 06, 2025, 01:42:39 PMQuote from: I_have_purplewood on January 06, 2025, 01:09:35 PMQuote from: michigancat on January 06, 2025, 12:27:00 PMWhy are you weirdos talking about one of the richest men in the world who is trying to use his money and platform to influence global politics? Sheesh obsess much?Let's only do it for people who have right leaning views though. Who cares about Bezos, Zuck or new Medal of Honor winner because their intent is special..Didn't Bezos and Zuck both donate $1M to Trump's inauguration?How much did they spend on the dems in 2020?
Quote from: I_have_purplewood on January 06, 2025, 03:49:13 PMQuote from: michigancat on January 06, 2025, 01:42:39 PMQuote from: I_have_purplewood on January 06, 2025, 01:09:35 PMQuote from: michigancat on January 06, 2025, 12:27:00 PMWhy are you weirdos talking about one of the richest men in the world who is trying to use his money and platform to influence global politics? Sheesh obsess much?Let's only do it for people who have right leaning views though. Who cares about Bezos, Zuck or new Medal of Honor winner because their intent is special..Didn't Bezos and Zuck both donate $1M to Trump's inauguration?How much did they spend on the dems in 2020?I can't find any indication that either one donated anything
Purp do you bother to do even some cursory fact checking before you go firing off these hot takes? (I’m just yankin your chain! I know you don’t)
The great thing about the latest Musk bit is watching #blueanon lining up and standing shoulder to shoulder with radical Islam and their archaic misogynistic ways Then again, #blueanon political leaders just welcomed a terrorist into the leadership of Syria