Yeah but how good does Elon feel about himself now that he has a large forced audience?

It’s a great deal unless you’re one of his investors.

And this year it will drop further!

I was wondering what that large X close symbol was on imbedded Twitter posts was…

Wait, but Joe Rogan and his chubs were saying how Musk was a genius businessman and will fix the boys problem and turn it into a free speech utopia. /s

Grr that Elon, to hell with him

I mean twitters most valuable assets were it’s brand recognition and it’s huge user base, including celebrities and politicians. So one of the things Musk does is throw away the branding, including the bird symbol which was featured on almost all corpo websites as a widget and replaces it with a generic X. He also opens the gates to previously banned racist sewer humans who trash the public image of the site. Advertising plummets. The user base is still pretty huge, but it’s shrinking. At this point even if he sold it, for a fraction of what he paid, I’m not sure anyone could restore its previous reputation.

Musk it’s a CIA agent a he accomplished the work of buying Twitter to make it follow the agenda, it was getting into a progressive left wing place, now it’s a christofascist right wing place. For him owners it’s not wasted money just a well made investment into the spreading of misinformation and fascist propaganda.

He it’s just giving some favors back to his investors.

At the end of the day I can only think that some idiot, who this life has given more wealth than they deserve, spent $44 billion on electricity. It really would be hilarious if I didn’t know where all the money could’ve gone to actually benefit humanity.

Money was never the goal. It was sabotage.

This was a hit and I’m betting it traces back to the Kremlin.

Value

There is no new value because currently, it is not for sale.

There is no price for Twitter right now and there wont be again till it goes back up for sale.

Rules were different when it was publicly traded, but articles (and the analysis behind it) like this are clickbait.

The price per share at the time of the purchase was $54.20. This price had already been considered ridiculous at the time. Plenty of analysts had Twitters price at the 10-20$ range.

Just go through the thought exercise of what you think the value is now versus when it was trading at 30-40$ range before the buy out. Now, what do you think its worth?

For illustrative purposes: if I was able to buy shares of Twitter, right now? I would consider paying between 0.5$-4$ a share. I dont think the product or brand is dead, but under Musk its a walking corpse. If I could buy shares now, at that price, I would, but only under the speculation that Musk is out. I would hedge accordingly.

A price only exists when one is willing to pay it. Everything is an opinion until a transaction occurs.

My price for Twitter is 2-5% of the price Musk paid for it (which it DEFINITELY wasn’t worth), and maybe 4-12% of fair market value in the months prior to the purchase. As a machine that turned on and made money, it did so prior to Musk taking over. The price has to factor in the damages done to brand, reputation, product, infrastructure, and what it will cost to rebuild those. Then of course there are the damages to company culture.

So yeah. Probably worth 1-5% of what it was, and only if you can basically guarantee Musk is out as CEO.