▲ 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.
[–] thesporkeffect@lemmy.world 4 points 2 years ago (1 child) Interest on loans, payroll, cloud infrastructure e.g. AWS permalink fedilink source parent hideshow 2 child comments replies: [–] Showroom7561@lemmy.ca 2 points 2 years ago Those are mostly operating costs, offset by revenue, but are they actually losing 1.5 billion dollars a year? I mean, I hope so, but are they really? permalink fedilink source parent
[–] Showroom7561@lemmy.ca 2 points 2 years ago Those are mostly operating costs, offset by revenue, but are they actually losing 1.5 billion dollars a year? I mean, I hope so, but are they really? permalink fedilink source parent