this post was submitted on 07 Sep 2023
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According to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billion (finance.yahoo.com)
submitted 1 year ago by bernieecclestoned@sh.itjust.works to c/technology@lemmy.world
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[–] bizzacore@lemmy.world 4 points 1 year ago

Don't forget about the Kingdom of Saudi Arabia's (via MBS) large investment, putting them as the biggest shareholder of the company behind Muskrat himself.

Here's an interesting Birdsite thread on how the KSA has been intertwined with Twitter since as early as 2011 - and no, not just as an "investor". There's been all sorts of the shadiest shit going on over there.

https://twitter.com/MuellerSheWrote/status/1698827051556618679