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.
  • yata@sh.itjust.works
    69·
    1 year ago

    A lot of journalists, politicians and influencers are really reluctant to let it go. I guess those are the ones still keeping it somewhat afloat.

    It should be more publicly shamed if you keep being a part of his insanity.

    • Fisk400@feddit.nu
      811·
      1 year ago

      It’s because no other social media platform currently meets their requirements. Other platforms either functions significantly different from twitter or it lacks the reach that a politician needs in order for it to be worth their time.

      • Eddie Trax@dmv.socialEnglish
        21·
        1 year ago

        “Worth their time” ? Copy\paste the text into Mastodon. Post Done

        I can empathize with the reluctance to completely jump ship but it costs nothing (both money and time) to cross post to another platform.

        • Fisk400@feddit.nu
          3·
          1 year ago

          Last time I was on mastodon during one of the many twitter migrations there was a long post saying that people should hold of on auto-blocking people that don’t caption the images they post because new user haven’t learned the cultural rules of mastodon. Is that a thing? I don’t know, could be a particular part of mastodon, I don’t know. Point is that serious public figures have been trained to be careful when adopting new social media.

          • Eddie Trax@dmv.socialEnglish
            7·
            1 year ago

            Hi. Nobody here 👋 I enjoy Mastodon and although nowhere near the same engagement as Shitter, I enjoy the content more. Some people like different things