Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price - eviltoast

“Fidelity is currently valuing X at about $9.4 billion”

I found this funny.

  • merari42@lemmy.world
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    3 months ago

    4chan at least had a consistent brand of being the anti-social network and being full of Nazis, weirdos, pedophiles and people who are just anti-social for the lulz. You couldn’t ruin 4chan.

    Twitter’s image was being the “internet town-square for serious thinkers” with politicians, scientists, journalists and a small but good measure of standard shitposters. Loosing that brand diminishes it’s value massively. Unfortunately neither Bluesky nor Mastodon was able to catch that clientele yet.