this post was submitted on 31 Oct 2023
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Technology
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It's not a surprise that his weird decisions and advertiser escapes has diminished the value. $19 billion is still quite a large company. As a practical example, the most expensive thing I own is almost a hundred thousand times cheaper.
Incidentally, Twitter stock price in March 2022, before Musk announced the acquisition, was about $32. So in a sense, it was worth $25 billion at that point.