Hellfire103@lemmy.ca to Not The Onion@lemmy.worldEnglish · 5 days agoMusk's xAI buys social media platform X for $45 billionwww.reuters.comexternal-linkmessage-square22fedilinkarrow-up1103arrow-down13cross-posted to: technology@beehaw.org
arrow-up1100arrow-down1external-linkMusk's xAI buys social media platform X for $45 billionwww.reuters.comHellfire103@lemmy.ca to Not The Onion@lemmy.worldEnglish · 5 days agomessage-square22fedilinkcross-posted to: technology@beehaw.org
minus-squareMuskyMelon@lemmy.worldlinkfedilinkEnglisharrow-up14·5 days ago This is worth 1,000,000,000 dollars if someone buys it at that price. Stocks, art, wine, same valuation technique. Slap a sticker price and if someone buys it, that’s the value. Welcome to capitalism.
This is worth 1,000,000,000 dollars if someone buys it at that price.
Stocks, art, wine, same valuation technique. Slap a sticker price and if someone buys it, that’s the value. Welcome to capitalism.