Fidelity has cut X’s value by 79% since Musk purchase https://t.co/6MEQj5BPMP
— TechCrunch (@TechCrunch) September 30, 2024
Fidelity has cut X's value by 79% since 's purchase
https://techcrunch.com/2024/09/29/fidelity-has-cut-xs-value-by-79-since-musk-purchase/
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Who ever authorized that investment was a fricking idiot if they thought anything but this was going to happen. Musk made it pretty clear he didn't give a shit about it turning a profit
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Yea right
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He burned billions of other people's money just to have a soapbox. Chad move tbh.
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if a mortgage is "buying a house with other people's money"
He paid ~$25B outright, borrowed $7B from banks, a few existing large investors like dorsey and al waleed kept their share of the company, a bunch of investment companies bought the remaining shares for $7B.
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2008 subprime mortgages say hello
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Using a mortgage to buy a house is using other people's money. That's why youre a slave to the appraisal.
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What's the difference between giving and lending?
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givechads are carefree and can sleep easy whereas lendcels are constantly agonizing about recouping their "investment" and getting "their" money back.
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Tbh he attempted to destroy twitter and leftoids still use it
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Wasn't he basically forced to buy it because a tweet is a legal contract or something?
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He signed the no-take-backs clause like an r-slur because he thought he was smart enough to sue his way out of it
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