X, the platform formerly known as Twitter, is worth 71% less now than it was when Elon Musk bought it in late 2022, according to Fidelity. The investment group made the valuation on Monday, the second time it dropped the value of X in 2023, Axios reports. Musk had purchased the social media giant for $44 billion.
https://nypost.com/2024/01/01/tech/elon-musks-x-now-worth-71-less-than-when-billionaire-bought-it-as-twitter/
EM is an AI Robot Capitalist...https://www.highereducationinquirer.org/2023/12/ai-robot-capitalists-will-destroy-human.html
Freedom of speech isn't free. Thanks Musk for draining the Xswamp.
This valuation is a load of crop. 1/14th of the population of the Earth is on X.
As of 2023, there are approximately 556 million active monthly users on X. And Threads is not gonna do anything. Also Tesla would not be around if it wasn't for the Green co-mies.