Elon Musk needs his own thread because he's in every damn thing/positive Elon Musk

There is speculation that Elmo will have to sell Tesla stock to bail out Twitter

Rev is down 84% since the takeover lololz

“I would be expecting something between $1 and $2 billion in stock,” said Bradford Ferguson, president and chief investment officer of asset manager Halter Ferguson Financial, in comments posted to YouTube on Wednesday. This alone could cause the stock to lose between 5% and 10% of its value. “It’s a massive hole they need to plug.”

Ferguson based his assessment on internal second-quarter figures recently obtained by the New York Times. According to this report, X booked $114 million worth of revenue in the U.S., its largest market by far. This represented a 25% drop over the preceding three months and a 53% drop over the year-ago period.

That already sounds bad. But it gets worse. The last publicly available figures prior to Musk’s acquisition, from Q2 of 2022, had revenue at $661 million. After you account for inflation, revenue has actually collapsed by 84%, in today’s dollars.​

https://fortune.com/2024/08/15/elon...dvertiser-boycott-finances-bradford-ferguson/

 

Naw, he wants that "fire all the uppity government workers" gig.

 

it will be sold at a knock down price to some corporate IMO. the only problem is Elmo likely banjaxed the user graph in which case the value is zero.

 

yes. that was basically all the value in the business.

it’s the thing you can’t recreate easily in a competitive business.

 

yes exactly.

meanwhile lots of it is being rebuilt organically at bluesky.

 

Its kind of like twitter 10 years ago

One thing that has been going on is that communities have been mass migrating e.g recently UK politics twitter moved over and someone created a list of 200+ people - so you can do a mass or selective follow and its awesome for everyone

This is very similar to sports twitter where back in the olden days people created lists and you followed them for niche stuff - e.g football analytics twitter was awesome way back then

 

We need DK to instal the bluesky embed support and delete the twitter_nazi_edition embed support!