How the FUCK is Twitter worth $44 billion again (supposedly)? Something smells fishy ๐
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Not to sound conspiratorial, but something smells off.
According to recent reports, Xโs valuation has surged back to $44 billionโthe exact price Elon Musk paid for itโup from a previous valuation of around $9 billion.
Morgan Stanley, one of the main institutions that financed the original deal, is also behind this new valuation.
This is a platform that has lost: โข Major ad revenue โข Key executive leadership โข Most of its media value and cultural influence โข Tons of users (and credibility)
And suddenlyโฆ itโs back to $44Billion?!?! What the fuck?
Meanwhile, Teslaโs stock is down like 50% since the start of the year and everything is just getting shittier.
This doesnโt make any fucking sense. It seems too mother fucking coincidental.
submitted by /u/summer-r to r/DeepFuckingValue
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