ijeff@lemdro.id to Technology@beehaw.orgEnglish · 8 months agoOne year after being bought for $44 billion, X is worth $19 billionarstechnica.comexternal-linkmessage-square27fedilinkarrow-up1167arrow-down10cross-posted to: technology@lemmy.world
arrow-up1167arrow-down1external-linkOne year after being bought for $44 billion, X is worth $19 billionarstechnica.comijeff@lemdro.id to Technology@beehaw.orgEnglish · 8 months agomessage-square27fedilinkcross-posted to: technology@lemmy.world
minus-square4dpuzzle@beehaw.orglinkfedilinkEnglisharrow-up1·8 months agoI assume that the valuation is what Elon can expect to recoup if he were to liquidate (sell off) Twitter for some reason. Even if he didn’t, the amount is going to make it to the balance sheet of his lenders - representing a loss in the deal.
I assume that the valuation is what Elon can expect to recoup if he were to liquidate (sell off) Twitter for some reason. Even if he didn’t, the amount is going to make it to the balance sheet of his lenders - representing a loss in the deal.