boem@lemmy.world to Technology@lemmy.worldEnglish · 2 years 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.comboem@lemmy.world to Technology@lemmy.worldEnglish · 2 years agomessage-square70fedilinkcross-posted to: technology@lemmy.worldwolnyinternet
minus-squareMonomate@lemm.eelinkfedilinkEnglisharrow-up10·2 years 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-squaregoatsarah@thegoatery.dyndns.orglinkfedilinkarrow-up21arrow-down1·2 years agodeleted by creator
minus-squareikidd@lemmy.worldlinkfedilinkEnglisharrow-up1·2 years agoMeh, the Saudi’s are covering his losses, that’s the deal.
minus-squaregoatsarah@thegoatery.dyndns.orglinkfedilinkarrow-up5arrow-down1·2 years agodeleted by creator
minus-squareSendMePhotos@lemmy.worldlinkfedilinkEnglisharrow-up1·2 years agoWhat do the Saudis gain from this?
minus-squareikidd@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·2 years agoThe end of the weapon that brought on the Arab Spring. They hate Twitter with the power of a thousand suns.
minus-squaresilvercove@lemdro.idlinkfedilinkEnglisharrow-up8·2 years agoBanks who loaned Elon money hold a bunch of Twitter stock. They want to eventually cash out.
minus-squaretech@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·2 years agoCan these measurements be used as losses to offset taxes?
minus-squaresneakattack@lemmy.calinkfedilinkEnglisharrow-up3arrow-down1·2 years 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?
deleted by creator
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.