If it did happen, could Elon afford it? Surely TikTok is much more valuable than Twitter, right? Musk could barely scrounge enough backing and had to put up his Tesla shares as collateral to get enough cash for the Twitter purchase.
this post was submitted on 05 Dec 2024
88 points (88.6% liked)
Showerthoughts
30000 readers
648 users here now
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. A showerthought should offer a unique perspective on an ordinary part of life.
Rules
- All posts must be showerthoughts
- The entire showerthought must be in the title
- Avoid politics
- 3.1) NEW RULE as of 5 Nov 2024, trying it out
- 3.2) Political posts often end up being circle jerks (not offering unique perspective) or enflaming (too much work for mods).
- 3.3) Try c/politicaldiscussion, volunteer as a mod here, or start your own community.
- Posts must be original/unique
- Adhere to Lemmy's Code of Conduct
founded 2 years ago
MODERATORS
The question isn't about affording it, the questions is why China would give up such a valuable Intel gathering and propaganda tool? They wouldn't sell it for all the tea in China.
They'd give it up because the U.S. Government would force them to. That's what OP is talking about
They've already said they would shut down operations in America rather than sell.
And hopefully they'll do that. The shit you can find on Twitter is alot more sick than TikTok, and you can be sure Elon would make it the same shitshow.
Aren't they "silently" migrating to a different but identical app called lemonade or something like that?
he and tesla have substantial crypto holdings; pump that shit some more and he'll be able to buy it with funny money.
TikTok in 2024 being more valueable than Twitter in 2022??? Are you high?
Often, yes.
Musk purchased Twitter in 2022 for 44 billion, and he was overpaying. For TikTok's American component, its price could be $100 billion, according to BBC and CBS or even $180 billion according to the Financial Times. Although a forced sale would definitely decrease the value (and that value includes TikTok's proprietary algorithms which aren't a given) it is definitely worth more than Twitter, even 2022 Twitter
I’m done with this country.
You may have had this thought in the shower, but I don't think that's what this community is actually about.
Looking through the rest of this community it is exactly what this community is about.
I miss the "showerthoughts" of old.
estimated value of ~ $30-100 billion, depending on if key pieces of proprietary tech (essentially their algorithms) are included.
i mean for such a massive propaganda tool, thats a good deal
As we know musk, he will do a binding bid for $150Bln, and get stuck with it.
But would it be TixTox? Or TwikTwok?
X Videos, right?
Lets be real, it'll be named Y and tied to some BS about the Y chromosome
TwitTok
Back in 2006 I had a website for a comedy project I was working on at the time. I had a menu on the side of the page. The menu was a whiskey bottle. Each of the links was 2 images. When you didn't hover your mouse over it, it was a tan background with a black text (to immitate the look of a Jack Danials bottle), but when you hovered over any text, the black text turned blue. So signify "you're highlighting this option".
I needed some text with limited amount of space to link to socialmedia.htm All the page did was link to the facebook, the myspace, and the twitter of the group. So I did the best logical thing. I made the text say "MyTwitFace". Which still makes me laugh, although it no longer makes sense.
Why should he?
Isn't TikTok already spewing enough racism and bullshit?
That's like asking ' aren't rich people rich enough? ' .
pronounced "shitter"