According to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billion
According to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billion
Musk posted the bleak financial assessment as part of a rant against the ADL.
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This serves him somehow, not sure how but he's used social media and PR to make money through market manipulation before.
I doubt his mental math is accurate on the value loss anyways.
Or he's just a narcissist that can't run a company if he's not held on a leash by people who actually know what they're doing.
He got high on his own supply. The man created quite the aura by leveraging his less-than-glorious Paypal past, his taking over of Tesla and actually doing some interesting things with SpaceX. His companies achieved some genuinely impressive feats which he gladly attributed to himself and probably confined himself to his perceived genius and infallibility.
Hopefully, Twitter will be a teaching moment for him but so far he seems to just double down on his mistakes.
He's held on a leash alright.
I doubt that's true, or he wouldnt have managed to take Tesla from a prototype and a few million dollars to billions, and then again with a rocketship contractor from scratch.
It's possible for people to be evil/immoral and also good at what they do, I don't get what the obsession with painting him as a dip shit who managed to accidentally make multiple successful global enterprises.
If it was really that easy to fail upward when managing these businesses you'd see a lot more of them.
It serves him and his far right cabal politically. The money is not really a consideration in this case. They're gearing up to reinstall Trump in the next election.