Twitter is now worth $9 billion

According to Fidelity, one of the money houses Musk relied on to bankroll the purchase of Twitter (X), the social network is now worth $9,200,000,000, a drop of 71% from his purchase price of $44B.

Cynics like me think he’s driving down the value so he can buy out his “investors” at super low prices, than get a prescription for lithium and stop acting like a jerk. But I guess that would fall in the category of “conspiracy theory.”


Just his luck. With the amount of lithium he will need the price of lithium has collapsed also.


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As usual with Musk the plot thickens. He has plans for a news information matrix using Twitter and AI to harness the writers on Twitter and legally without infringing develop a news AI source.