Hellfire103@lemmy.ca to Not The Onion@lemmy.worldEnglish · 1 year agoMusk's xAI buys social media platform X for $45 billionwww.reuters.comexternal-linkmessage-square22fedilinkarrow-up1103cross-posted to: Mirror@50501.chattechnology@lemmy.worldtechnology@beehaw.orgtechnology@lemmy.zip
arrow-up1103external-linkMusk's xAI buys social media platform X for $45 billionwww.reuters.comHellfire103@lemmy.ca to Not The Onion@lemmy.worldEnglish · 1 year agomessage-square22fedilinkcross-posted to: Mirror@50501.chattechnology@lemmy.worldtechnology@beehaw.orgtechnology@lemmy.zip
minus-squareMuskyMelon@lemmy.worldlinkfedilinkEnglisharrow-up14·1 year 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.