Bernie Ecclestoned@sh.itjust.works to Technology@lemmy.worldEnglish · 1 year agoAccording to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billionfinance.yahoo.comexternal-linkmessage-square101fedilinkarrow-up1962arrow-down129
arrow-up1933arrow-down1external-linkAccording to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billionfinance.yahoo.comBernie Ecclestoned@sh.itjust.works to Technology@lemmy.worldEnglish · 1 year agomessage-square101fedilink
minus-squaregregorum@lemm.eelinkfedilinkEnglisharrow-up4arrow-down5·edit-21 year agoTerrible for him. Great for everyone else that that 40 billion is now in the hands of other people.  It’s also ironic, that he is single-handedly the greatest redistributor of his own wealth. 
minus-squareqaz@lemmy.worldlinkfedilinkEnglisharrow-up2·1 year ago40 billion going into the bank accounts of investors that previously owned Twitter stock certainly is a redistribution of wealth, but I doubt it’s the kind you’re referring to.
minus-squarespittingimage@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoDepends what they do with it, I guess.
Terrible for him. Great for everyone else that that 40 billion is now in the hands of other people. 
It’s also ironic, that he is single-handedly the greatest redistributor of his own wealth. 
40 billion going into the bank accounts of investors that previously owned Twitter stock certainly is a redistribution of wealth, but I doubt it’s the kind you’re referring to.
Depends what they do with it, I guess.