3 ms·

If X revenue keeps growing, $100B valuation is not unreasonable

• codingdave 2y ago
  That is an odd conclusion from a tweet that shows revenue is down 50% since Musk took over. Maybe they didn't read the 2nd paragraph? Or maybe they think that the admittedly improved profit margin is sustainable even if revenue crashes?
  • melodyogonna 2y ago
    But according to the quoted tweet, EBITDA has doubled nonetheless
  • rsynnott 2y ago
    This is coming from someone who _literally went to prison for securities fraud_. Like, I'm not sure why you'd expect his opinions on valuations to... be good.
  • tim333 2y ago
    High profit margins are good. Also ad sales will presumably go up now Trump & Musk are in power.
• LorenDB 2y ago
  OK, Pharma Bro.
• deleted 2y ago
  [deleted]