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Post by gotscha on Nov 13, 2024 12:38:38 GMT -6
www.usatoday.com/story/money/2024/10/02/x-valuation-down-fidelity/75481287007/The valuation of social media platform X has dropped dramatically in the eyes of major investment firm Fidelity, according to multiple reports. The market value of Fidelity Blue Chip Growth Fund's shares in the private company is estimated at $4.2 million, according to a monthly report released Sunday. That's 79% less than the fund's estimate of its shares in October 2022 when Elon Musk took over Twitter, which were valued at $19.66 million. Applying the shares' relative decline to the total value of X when it was purchased would indicate a $9.4 billion overall valuation, a steep drop from the $44 billion that Musk paid in the acquisition. How do you put a value on saving free speech? Because when the government can call up a platform and 'strongly suggest' that you block this user or that user - and you do it - that's not free speech. We don't have the 1st Amendment to protect popular speech or government speech because they don't need it. We have the 1st Amendment to protect unpopular and sometimes even vile speech. Once upon a time, the ACLU sided with the American NAZI Party's right to march in Skokie, Il and took it all the way to the Supreme Court, where they won. Do you really think they'd defend free speech to that extent in today's toxic environment? They should but we both know they wouldn't. The free market of ideas should ultimately decide which have merit - not government bureaucrats. |
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oedipustex
Senior Member
Posts: 736
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Post by oedipustex on Nov 13, 2024 13:20:54 GMT -6
Maybe they can just walk across the street to the DNC.
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Post by stargatebabe on Nov 13, 2024 13:32:29 GMT -6
www.usatoday.com/story/money/2024/10/02/x-valuation-down-fidelity/75481287007/The valuation of social media platform X has dropped dramatically in the eyes of major investment firm Fidelity, according to multiple reports. The market value of Fidelity Blue Chip Growth Fund's shares in the private company is estimated at $4.2 million, according to a monthly report released Sunday. That's 79% less than the fund's estimate of its shares in October 2022 when Elon Musk took over Twitter, which were valued at $19.66 million. Applying the shares' relative decline to the total value of X when it was purchased would indicate a $9.4 billion overall valuation, a steep drop from the $44 billion that Musk paid in the acquisition. Also from that article: “Other companies may value their shares in X differently.” Weird that you left that out. Not weird at all. He only copied and pasted that which he through was relevant, not giving a shit that others may be interested in facts! |
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Post by longtimereader on Nov 13, 2024 13:50:17 GMT -6
Also from that article: “Other companies may value their shares in X differently.” Weird that you left that out. Not weird at all. He only copied and pasted that which he through was relevant, not giving a shit that others may be interested in facts! 3Swallows has had hatred of Elon for a time now. |
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Post by stargatebabe on Nov 13, 2024 17:55:07 GMT -6
Not weird at all. He only copied and pasted that which he through was relevant, not giving a shit that others may be interested in facts! 3Swallows has had hatred of Elon for a time now. Is there anyone on the right that he doesn't hate? |
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Post by longtimereader on Nov 14, 2024 5:30:06 GMT -6
3Swallows has had hatred of Elon for a time now. Is there anyone on the right that he doesn't hate? Oh sure anyone from the right that hates Trump. Like Dick Cheney |
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Post by moody on Nov 14, 2024 5:59:45 GMT -6
Is there anyone on the right that he doesn't hate? Oh sure anyone from the right that hates Trump. Like Dick Cheney I agree and it is comical that the “Prince of Darkness” and his fat daughter have become heros to the left. |
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Post by gotscha on Nov 14, 2024 6:24:14 GMT -6
Maybe they can just walk across the street to the DNC. If I had to guess, they're probably not hiring and may be getting prepped for a layoff of their own. |
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Post by gotscha on Nov 14, 2024 6:26:28 GMT -6
3Swallows has had hatred of Elon for a time now. Is there anyone on the right that he doesn't hate? The irony is that Elon isn't really a traditional conservative. Before the progressives took the Democrats far, far to the left, he was a center-left. Like a lot of Trump voters, he didn't leave the democrats - they left him. |
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Post by stargatebabe on Nov 14, 2024 6:48:17 GMT -6
Is there anyone on the right that he doesn't hate? Oh sure anyone from the right that hates Trump. Like Dick Cheney Cheney? The dude-that-shot-his-friend-IN-THE-FACE-on-a-quail-hunting-trip Cheney? All the more reason to ignore anyone who brings up that name as if it's something to worship! |
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Post by stargatebabe on Nov 14, 2024 6:49:48 GMT -6
Is there anyone on the right that he doesn't hate? The irony is that Elon isn't really a traditional conservative. Before the progressives took the Democrats far, far to the left, he was a center-left. Like a lot of Trump voters, he didn't leave the democrats - they left him.That became apparent this last election! |
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Post by Billy John Davy on Nov 14, 2024 7:23:20 GMT -6
Is there anyone on the right that he doesn't hate? The irony is that Elon isn't really a traditional conservative. Before the progressives took the Democrats far, far to the left, he was a center-left. Like a lot of Trump voters, he didn't leave the democrats - they left him. the commie left has been wailing for the last week "we need our own Elon Musk"; you had one, his name is Elon Musk the commie left has been wailing for the last week "we need our own Joe Rogan"; you had one, his name was Joe Rogan |
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Post by moody on Nov 14, 2024 7:37:27 GMT -6
The irony is that Elon isn't really a traditional conservative. Before the progressives took the Democrats far, far to the left, he was a center-left. Like a lot of Trump voters, he didn't leave the democrats - they left him. the commie left has been wailing for the last week "we need our own Elon Musk"; you had one, his name is Elon Musk the commie left has been wailing for the last week "we need our own Joe Rogan"; you had one, his name was Joe Rogan They also once had Donald Trump, Tulsi Gabbard, and RFK Jr. |
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Post by gotscha on Nov 14, 2024 7:58:40 GMT -6
the commie left has been wailing for the last week "we need our own Elon Musk"; you had one, his name is Elon Musk the commie left has been wailing for the last week "we need our own Joe Rogan"; you had one, his name was Joe Rogan They also once had Donald Trump, Tulsi Gabbard, and RFK Jr. At one time in the distant past, they even had Ronald Reagan. Anyone else see a pattern? |
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Post by str8shooter on Nov 14, 2024 8:04:29 GMT -6
They also once had Donald Trump, Tulsi Gabbard, and RFK Jr. At one time in the distant past, they even had Ronald Reagan. Anyone else see a pattern? As important as any of the above listed, they had me and my family. I know. You're all saying that me and my family are not important. Well, the hundreds of thousands of families like us who have and are changing are important. As so many are saying, "We didn't leave the party, the party left us." |
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