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Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price (techcrunch.com)

submitted 1 month ago by GeneralInterest@lemmy.world to c/technology@lemmy.world

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"Fidelity is currently valuing X at about $9.4 billion"

I found this funny.

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[–] CooperRedArmyDog@lemmy.ml 0 points 1 month ago (1 children)

look even 1 billion is more than enough to live on for a lifetime and then quite a bit left over, so that is not really that dumb

[–] IamAnonymous@lemmy.world 6 points 1 month ago

While you are correct, that’s not the point of this article. It’s about how X lost value. Elon isn’t homeless, so yeah it’s still worth a lot of money.