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One year after being bought for $44 billion, X is worth $19 billion (arstechnica.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 1 year ago (3 children)

To whom? Is anyone willing to buy it?

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[–] [email protected] 1 points 1 year ago

LOL

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

consider where the stock was trading at the year before he bought it. he got a discount, basically. a lot of people who had been holding shares lost money to the richest guy on earth. and then he threw the money away burning down Twitter.

[–] [email protected] -1 points 1 year ago (2 children)

More financial/business news in the technology community?

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[–] [email protected] -2 points 1 year ago (1 children)

My left asshole is worth $20 billion.

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[–] [email protected] -5 points 1 year ago (1 children)

Hadn't it already massively dropped in value before the purchase was finalized, and that's why he wanted to back out? How is everybody overlooking that?

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