minus-squareOldWoodFrame@lemm.eetoNews@lemmy.world•Elon Musk says xAI has acquired X in deal that values social media site at $33 billionlinkfedilinkarrow-up50·6 days agoMarket cap of Twitter was $41B, Musk overpaid at $44B, Fidelity valued it at $9.4B late last year. xAI paid $33B for it this year. So this is a significantly worse overpay. linkfedilink
minus-squareOldWoodFrame@lemm.eetoPolitical Memes@lemmy.world•Even frickin' Reaganlinkfedilinkarrow-up10·8 days agoReagan was a lot of things but he sure wasn’t a Russian asset. linkfedilink
Market cap of Twitter was $41B, Musk overpaid at $44B,
Fidelity valued it at $9.4B late last year.
xAI paid $33B for it this year.
So this is a significantly worse overpay.