▲ 1124 ▼ Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price (techcrunch.com) submitted 2 years ago by GeneralInterest@lemmy.world to c/technology@lemmy.world 193 comments fedilink hide all child comments "Fidelity is currently valuing X at about $9.4 billion" I found this funny.
[–] sensiblepuffin@lemmy.world 4 points 2 years ago (2 children) A cable subscription isn't a depreciating asset, though. permalink fedilink source parent hideshow 2 child comments replies: [–] CleoTheWizard@lemmy.world 3 points 2 years ago (1 child) To clarify, I was thinking of the depreciating asset part as a loss of value the same way that a subscription is. permalink fedilink source parent hideshow 1 child comment replies: [–] sensiblepuffin@lemmy.world 1 point 2 years ago It's a fair argument, especially given how much... entertainment he seems to derive from owning it. permalink fedilink source parent
[–] CleoTheWizard@lemmy.world 3 points 2 years ago (1 child) To clarify, I was thinking of the depreciating asset part as a loss of value the same way that a subscription is. permalink fedilink source parent hideshow 1 child comment replies: [–] sensiblepuffin@lemmy.world 1 point 2 years ago It's a fair argument, especially given how much... entertainment he seems to derive from owning it. permalink fedilink source parent
[–] sensiblepuffin@lemmy.world 1 point 2 years ago It's a fair argument, especially given how much... entertainment he seems to derive from owning it. permalink fedilink source parent