General Elon Musk fukkery Thread

MushroomX

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Hold this $24B L


Supposedly Twitter was worth $10B and Elon bought it for $40+.

So if Elon is valuing it at $20B now, then Twitter its probably around $2B now... but probably even less.

At this point I think his own Mother is going to push him down the stairs for being a complete retarded fukk up in the family, and to snuff him out before he fukks up the family fortune... so she can continue to afford to pay for A5 Waygu Beef to her dogs.

glee-sue.gif
 

bnew

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GnauzBookOfRhymes

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Elon's business model is based on stripping the company of employees etc and becoming THE online forum for the trumpies, white nationalists etc. I'm sure they'll eventually add their own "news" and video platforms etc. The key right now is that for so many, there are no viable alternatives. Celebrities (entertainment/political/journalists) who have millions of followers will not give them up unless users start abandoning the site - not likely to happen anytime soon.
 
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It was literally worth $25-30B in April when he offered to buy it for $44B.

If they've really lost majority of their ad revenue, no way they're worth near $20B.
Even in a perfect world where they maintained revenues, publicly traded revenue multiples for online ad-based / social media businesses have completely collapsed.

Getting issued equity at that valuation is a slap in the face
 

Slim

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Even in a perfect world where they maintained revenues, publicly traded revenue multiples for online ad-based / social media businesses have completely collapsed.

Getting issued equity at that valuation is a slap in the face

Yeah, that's a good point. Elon's math implies Twitter's valuation = 10x Sales

But the P/S ratio for ad businesses (i.e. Snap, Pinterest, Google, Meta) is in the low single digits right now.
 

Macallik86

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88m3

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