A steep drop from Musk’s $44 billion purchase price.

A year after he bought Twitter for $44 billion, Musk thinks the company is now worth $19 billion, a 55 percent drop.

Let’s recap what he did to Twitter, I will go first:

  • Changed the original name Twitter to X.
    • donuts@kbin.social
      0·
      10 months ago

      Honestly it’s probably not… Estimates aside, who would even want to buy Twitter in its current incarnation?

      • Fisk400@feddit.nu
        0·
        10 months ago

        It still has a big enough user base and brand recognition that they could put things back on course if they really went for it. The only permanent damage is the brain drain from firing a lot of people that has experience in running twitter.

        • Viking_Hippie@lemmy.world
          0·
          10 months ago

          The only permanent damage is the brain drain from firing a lot of people that has experience in running twitter.

          That’s like saying “he suffered no permanent damage except the removal of his spine”