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It is also estimated that it has lost 80% of its valuation and has ~$9 billion of negative equity.
by manuelabeledo 7mo ago
It is also estimated that it has lost 80% of its valuation and has ~$9 billion of negative equity.
- Hamuko 7mo agoHow can it have lost 80% of its valuation when Elon Musk bought it for $44 billion and then sold it to an entirely different entity at a valuation of $45 billion, and then that entity was bought by a completely different third entity for a valuation of $250 billion?
- kitbrennan 7mo ago“entirely different entity” and “completely different third entity” are both doing a lot of heavy lifting
- H8crilA 7mo agoElon Musk sold it to Elon Musk. The price must have been meaningful. Wait till he does it again!
- hkpack 7mo agoPoe's law at its best!
- albatross79 7mo agoHow can it have lost 80% of its valuation when Elon Musk bought it for $44 billion and then sold it to Elon Musk at a valuation of $45 billion, and then that entity was bought by Elon Musk for a valuation of $250 billion? Wait a second here!
- sd9 7mo agoFor those downvoting... I'm pretty sure this is satirical.