this post was submitted on 14 Aug 2024
366 points (93.8% liked)
Technology
59472 readers
4918 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
dude he literally backed out of it and the courts forced him what are you even talking about. he DIDN'T want it, and he bought it at like 4x its value or something i don't even remember but it wasn't remotely approaching $44bn.
first of all, that's a sizeable amount of money even for him, especially since it doesn't fucking make any money in return.
second of all, his net worth isn't liquid. most of it is speculation subject to stock market.
third of all, and most importantly, a good deal is calculated by what you pay for something vs what it's worth, not by what you pay for something vs what you're worth. otherwise, Elon could buy bread for 400 thousand dollars a loaf and that would be a better "deal" than the average American, which is a ridiculous proposition.