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Old 06-01-2023, 08:11 PM
Botten Botten is offline
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Default Any one have Stock in Twitter? Blue bird forum value dropped by like 37 Billion

Wow!

Fidelity: Twitter worth $6.55 billion, not $44 billion it was sold for

I knew Elon was making mistakes I didnít know it was this bad.
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Old 06-01-2023, 08:38 PM
Patriam1066 Patriam1066 is offline
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He took it private. Stockholders already got paid
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Old 06-01-2023, 10:00 PM
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Old 06-01-2023, 10:01 PM
unsunghero unsunghero is offline
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I just think itís funny howBANNED
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Old 06-01-2023, 11:30 PM
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sounds like a dumb purchase but you really can't put a price on a App that literally controls what X amount of people think and feel about the world. he bought it for the same reason people bought newspapers or tv stations.

so maybe the billionaire that made a private space rocket company and electric car company successful when others thought it was a joke, has a plan. neuralink got approval for human trials so i assume integrating that with it is part of the goal.
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Old 06-01-2023, 11:55 PM
Trexller Trexller is offline
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yeah it would be unwise to underestimate Elon Musk

this guy has a long record of being told "it's not gonna work" then replying with "hold my beer"

and like patriam said, everyone who really cares got paid.

Twitter, Inc. no longer exists, its now owned by X Corp, which is owned by X Holdings Corp, which is owned by Elon Musk.
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Old 06-02-2023, 08:45 AM
MrSparkle001 MrSparkle001 is offline
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There's no way Twitter was ever valued anywhere near the $44 billion he bought it for. It goes down as one of the dumbest purchases in history. That cost will never be recouped solely by Twitter. It's not a tech stock like Meta that is pursuing other avenues like AI.

And it tanked my Tesla stock. It's only now beginning to recover. As soon as he announced he was indeed purchasing it it dropped, then him selling shares tanked it.

Imagine being so damned rich you can drop $44 billion on a social media site that will never recoup your cost just because you want more control over its content?
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Old 06-02-2023, 08:59 AM
Toxigen Toxigen is online now
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Quote:
Originally Posted by MrSparkle001 [You must be logged in to view images. Log in or Register.]
There's no way Twitter was ever valued anywhere near the $44 billion he bought it for. It goes down as one of the dumbest purchases in history. That cost will never be recouped solely by Twitter. It's not a tech stock like Meta that is pursuing other avenues like AI.

And it tanked my Tesla stock. It's only now beginning to recover. As soon as he announced he was indeed purchasing it it dropped, then him selling shares tanked it.

Imagine being so damned rich you can drop $44 billion on a social media site that will never recoup your cost just because you want more control over its content?
what else ya gonna spend it on?

hes protecting free speech, git gud
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Old 06-02-2023, 09:44 AM
MrSparkle001 MrSparkle001 is offline
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Originally Posted by Toxigen [You must be logged in to view images. Log in or Register.]
what else ya gonna spend it on?

hes protecting free speech, git gud
I like the liberal tears it's been producing, I don't like the drop in my net worth it's been producing.
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Old 06-02-2023, 10:12 AM
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I just think itís funny howBANNED
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You are sounding very much as the Class Clown today my friend. Stay strong USH [You must be logged in to view images. Log in or Register.]
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