A new assessment determined that X, the platform once known as Twitter, is worth a mere fraction of the value it had when Elon Musk bought it for $44 billion.
The Muskovite purchasing Xitter (“X” being “sh” like in Chinese “xiao”) took Xitter private. It’s not “the market,” it’s “a handful of private investors.” Not trying to play semantic games but Xitter’s investors are not representative of an open market.
The Muskovite purchasing Xitter (“X” being “sh” like in Chinese “xiao”) took Xitter private. It’s not “the market,” it’s “a handful of private investors.” Not trying to play semantic games but Xitter’s investors are not representative of an open market.