Private companies have valuations. Your can pedant on whether it’s appropriate to use the word “market”, but the fact is pretty well known. Musk paid $44B and

Private companies have valuations. Your can pedant on whether it’s appropriate to use the word “market”, but the fact is pretty well known. Musk paid $44B and it is generally considered to be worth less than $10B today[1], though his open participation in political corruption has resulted in valuations all over the map, including $44B[2]. It’s kind of Schroedinger’s valuation; if he and Trump are having a spat it’s worth less because there’s a risk Trump orders it shut down or seized or whatever, if he and Trump make up the company is a a part of the ruling party’s government apparatus. But as far as actual product value, outside of a clubhouse for red hats, it’s pretty close to zero. They have to literally sue companies to force them to advertise[3], which would be laughable if creeping fascism wasn’t so bad that it’s actually a successful strategy. Any attempt to claim free speech high ground while suing companies for declining to advertise is incredibly disingenuous. 1. https://www.theverge.com/2024/9/30/24258129/musks-44-billion-twitter-now-valued-at-just-9-4b-as-x https://www.theverge.com/2024/9/30/24258129/musks-44-billion... 2. https://www.theguardian.com/technology/2025/mar/19/value-elon-musk-x-rebounds-purchase-price https://www.theguardian.com/technology/2025/mar/19/value-elo... 3. https://www.npr.org/2025/02/01/nx-s1-5283271/elon-musk-lawsuit-advertisers-boycott-new https://www.npr.org/2025/02/01/nx-s1-5283271/elon-musk-lawsu...