@boem@lemmy.world to Technology@lemmy.worldEnglish • 11 months agoSince Elon Musk’s Twitter purchase, firm reportedly lost 72% of its valuearstechnica.comexternal-linkmessage-square70fedilinkarrow-up1699arrow-down132cross-posted to: technology@lemmy.worldwolnyinternet
arrow-up1667arrow-down1external-linkSince Elon Musk’s Twitter purchase, firm reportedly lost 72% of its valuearstechnica.com@boem@lemmy.world to Technology@lemmy.worldEnglish • 11 months agomessage-square70fedilinkcross-posted to: technology@lemmy.worldwolnyinternet
minus-square@Monomate@lemm.eelinkfedilinkEnglish10•11 months agoIf the company’s private, which means its stocks are not tradeable anymore, what’s the point in measuring the company value at this point?
minus-square@ikidd@lemmy.worldlinkfedilinkEnglish1•11 months agoMeh, the Saudi’s are covering his losses, that’s the deal.
minus-square@SendMePhotos@lemmy.worldlinkfedilinkEnglish1•11 months agoWhat do the Saudis gain from this?
minus-square@ikidd@lemmy.worldlinkfedilinkEnglish5•11 months agoThe end of the weapon that brought on the Arab Spring. They hate Twitter with the power of a thousand suns.
minus-square@silvercove@lemdro.idlinkfedilinkEnglish8•11 months agoBanks who loaned Elon money hold a bunch of Twitter stock. They want to eventually cash out.
minus-squaretechlinkfedilinkEnglish5•11 months agoCan these measurements be used as losses to offset taxes?
minus-square@sneakattack@lemmy.calinkfedilinkEnglish2•11 months agoBecause the money still comes from investors even if it’s not publicly traded.
If the company’s private, which means its stocks are not tradeable anymore, what’s the point in measuring the company value at this point?
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Meh, the Saudi’s are covering his losses, that’s the deal.
deleted by creator
What do the Saudis gain from this?
The end of the weapon that brought on the Arab Spring. They hate Twitter with the power of a thousand suns.
Banks who loaned Elon money hold a bunch of Twitter stock. They want to eventually cash out.
Can these measurements be used as losses to offset taxes?
Because the money still comes from investors even if it’s not publicly traded.