this post was submitted on 31 Oct 2023
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(page 4) 45 comments
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[–] nutsack@lemmy.world 1 points 2 years ago* (last edited 2 years ago)

consider where the stock was trading at the year before he bought it. he got a discount, basically. a lot of people who had been holding shares lost money to the richest guy on earth. and then he threw the money away burning down Twitter.

[–] MrScottyTay@sh.itjust.works -1 points 2 years ago (2 children)

More financial/business news in the technology community?

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[–] quantum_mechanic@sh.itjust.works -4 points 2 years ago (1 children)

Hadn't it already massively dropped in value before the purchase was finalized, and that's why he wanted to back out? How is everybody overlooking that?

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