this post was submitted on 30 Sep 2024
1122 points (97.1% liked)

Technology

61038 readers
5331 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s
enu
technopagan
L4s
1122
Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price (techcrunch.com)
submitted 3 months ago by GeneralInterest to c/technology
195 comments fedilink hide all child comments
 

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

I found this funny.

you are viewing a single comment's thread
view the rest of the comments
[–] apfelwoiSchoppen 268 points 3 months ago (17 children)

Honestly terrifying that they still think it is worth that much.

[–] sqibkw 3 points 3 months ago

I wouldn't be surprised if part of this remaining value is because the Japanese internet still heavily relies on it as a platform, even if the west has begun moving elsewhere.

load more comments (16 replies)