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basisword
10 months ago
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xAI has acquired X, xAI now valued at $80B
So he bought Twitter for $44bn 2.5 years ago and has run it so badly that even when his own company bails it out using made up figures the best he can do is $33bn. Embarrassing. It's not much more than a pyramid scheme.
tim333
10 months ago
[–]
The 44bn was paid approx with 32bn equity, 12bn debt, so it's about break even.
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