/biz/ - Business & Finance

>>57160564
>Boomers are still calling x twitter

y tho

Absolutely

It isn't publicly traded. These are just coping kikes. Who knows the value right now, if TSLA wasn't verifiably astronomical in market cap they would probably underrate it by 80% as well.

>>57160564
I think controlling the flow of information and general influence of Twitter would make it a good purchase even if he burned the money completely.
>>57160571
Because X is a stupid name for the site and everybody know it's Twitter. X is a letter.

>>57160579
There's guesswork, but the article is about a valuation by one of the owners:
>Fidelity, which owns a stake in X Holdings, said in a disclosure obtained by Axios that it had marked down the value of its shares by 71.5% since Musk’s purchase.

Libs are still seething uncontrollably so yes

>>57160564
Owning public discourse is priceless

>>57160821
Why, what can you do with it?

>>57160827
Control everything. Why do you think the Media has an active FUD campaign against X. Memes are everything

>>57160611
-71.5% is generos tbf
get rid of the fat bufoon +100%

>>57160809
Lib here, I don't care at all about rocket man or bird facebook

>>57160564
>The Guardian
>Private valuation meaning anything
Lol
Lmao

>>57160841
>the Media has an active FUD campaign against X
they are merely pointing out, Musk is a fat tard with 0 fucking idea of how to run a social media site. Not unjusifiably.

>>57160896
>Musk
>what he thinks meaning anything
>lollmaoetc
and if Musks own estimate was -55% a few months back.. hes (easily..) cleared -70% by now

>>57160941
>another private valuation
Retardchama....

>>57160961
its the companys own current valuatio, from internal Twitter documents. And not disputed by Musk, nor anyone else.
now, how is that 'private'? you fucking window licker

>>57160564
Yes.
Whatever happens to Twitter, the old thing it once was is gone.

>>57161010
It's private because the company isn't traded on the public stock market. Jesus christ /biz/ just keeps getting stupider and stupider every day

>>57161259
yes its a non-listed co.
SO, if ANYONE could POSSIBLY come up with an ACCURATE CURRENT VALUATION?
why, its THE COMPANY THEMSELVES
and if they think its a POS worth less than half what they paid for it?
who are we to argue..

>>57160571
X is just a shitty name and I refuse to switch from calling something a good name to a shitty one. Imagine your name was “Bryan” and then you decided to ask everyone to call you “Fragelickus Mangniffypus Arbitatum Hooranus Balloonius Magdalene”. Why the fuck is anyone going to do that? I don’t want to feel like a retard every time I reference a product, and calling something “X” makes me feel retarded.

>>57160564
When is x going to implement microtransactions?

>>57160860
>im in a thread about it but I don't care

>>57160564
>buys high
>holds bags
More proof he is a /biz/poster

The elites don't care about the economy anymore, if the 2020 lockdowns didn't make it obvious

>Kikes talk shit about the only non kike owned media in the world.

Holocaust 2 soon.

>>57161318
Not that anon, but reading a news article is not evidence that I'm seething uncontrollably about the subject of that article

>>57160611

That's for tax evasion purposes

>get to write whatever you want to the IRS
>OH NO GOYS WE'RE LOSING MONEY BIG TIME ON OUR X HOLDINGS. SOURCE: US

>>57161361
>only non kike owned media
hang on
just looking into your claim here

>>57160564
>Success, what achievers read.
lmao

>>57161285
Companies mark shit down all the time as a tax write-off, why would you trust the kikes at Fidelity to give an accurate number?

>>57160861
thank chat-gpt trained on reddit comments, I always like to hear what the reddit hivemind has to say about things

>>57160564
haircomb will make faggots of us all

>>57161479
companies mark shit down because they have no expectation of the asset ever again reaching their originally-stated value. And you are otherwise basically arguing here that Musk and the entire Twitter team are incapable of valuing their own company with any degree of accuracy. SO, when Fidelity - who probably know more about valuing companies than either of us ever will, lets be fair - reckon its worth 70% less AND Twitters internal valuation (few months back) is 55% less.. I think we can probably agree, the POS is indeed now worth significantly less the $44b (or whatever) that the fat fucking retard originally shelled out for it, No?

>>57161586
Hmmmm nyo, Fidelity is a bunch of kikes and that's the end of the story.

>>57160564

I like Elon.

>>57160571

Most people are incapable of adaption and hate change. Hence, they throw a bitch-fit even over a slight, perceived inconvenience.

>>57160564
I'll never use it again. too easy to get banned and all your hard work stolen.

>>57161586
you type gay so i disagree

>>57161399
This, I’m not that big of a fan of the Muskrat but I will take any negativity towards X/twatter/whatever the fuck you want to call it with a dumptruck of salt, as a huge chunk of it is likely politically fueled seethe against him personally.

>>57160564
Wouldn't be surprised if he shorted it and ran it into the ground on purpose, both for financial gain and for his own entertainment. Dudes a blatant market manipulator.

>>57160564
Yes. User growth is up from what I've heard. Value is down because he is, at least apparently, at war with the hegemony. Iow, he's made an enemy of a lot of other big money players, but they'll come around eventually because they care more about money and power than beating him--probably. Even if they don't users is what allows conversion, so more users equals more financial potential. With all that said, I don't trust Musk at all. I think he is actually in bed with the hegemony and at war with us. I've noticed my feeds get taken over by propaganda since he took over. He also forced me to identify myself after I continually attacked Biden.

>>57160578
>>57160579
>>57160821
>>57160898
>>57161803
>>57161992
>>57162102

This fraudster will go bankrupt eventually sooner then later

Just waiting for this fraud to be completely cut off gov subsidies
Solar City = busted
Hyperloop = busted
X = in the middle of getting busted , not sorry for this bitch after he chased away advertisers
Spacex = waiting to get busted
Starlink = wafting to get busted

>>57162308
You forgot Tesla

>>57160564
Not even sorry for him going bankrupt after he laughed that BYD is not even a competition XD

>>57160564
I hate this faggot for the whole dog token season back in 2021 and think his cars are shoddy shit but Twitter is miles better than it was just 2 years ago.
The only thing I dislike is the amount of scam crypto ads.

>>57162479

Indeed , personally I don't like the fucker , he got me banned when I twitted him that he is a beggar XD

>>57161479
You are a total dumbass.

>>57162554

Imagine being this obsessed with 1 man XD

>>57160564
Yes because even if X completely rugs to 0 hes still richer than the number 2 guy kek

>>57162572
>Imagine being this obsessed with 1 man XD

Not obsessed , I told him that he is the biggest beggar and wanna be billionaire when he tried to be funny and ranted that Ukraine gets $$$ from Biden XD He is just another fraud nothing more , a wanna be inventor who didn't invent a thing , spoiled rich kid who always bought somebody's ideas and sold as his.

>>57162636

XD

>>57162574
>Yes because even if X completely rugs to 0 hes still richer than the number 2 guy kek

He is siting on unrealised gains so far , KEK
so how can you claim he has money ? , when even for Twitter he took a loan XD You are so gullible XD

>>57162648
Even Trump knows he is a fraud XD

>>57161380
>actively participating in the thread is not 'caring about it'

>>57162567
No you

>>57160564
He paid too much for it, everyone knew it was just a psy-op machine.

>>57160564

>>57163400

Musk is just a WEF puppet. He goes from being Reddit’s meme darling to this in 1 years time, yeah right. Now he pushes Rogan and DeSantis shit and his body currently looks like he is transitioning. How can anyone look past how fake and forced he is.

>>57160564
Wtf is this? You can easily tell this thread is getting spammed by paid actors.

why did he stopped mentioning doge bros?

>>57160564
>Borrow 44 billion at 2%
>devalue the company by 70% with no change to the what the company actually does
>write off loss over the next 5 years

What a fucking retard who has no idea what he is doing.