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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (1490418)2/25/2025 11:55:58 AM
From: Tenchusatsu2 Recommendations

Recommended By
Brumar89
Eric

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Hey CPA guy, what's with this?

X in talks to raise money at $44B valuation — same price Elon Musk paid to buy Twitter: report (NYPost)

But that can't be! X is a privately-held company, which means it has no meaningful "market cap!"

A qUaLiFiEd cPa told me himself!
If you think privately held company has a meaningful "market cap", I'd you're not qualified to comment on the subject.
Now I'll wait while you change your tune, from "No one can value a privately-held company!" to "Musk is a genius! He got investors to value X at $44B, which means expectations are for a doubling in value!"

*cough* *cough* conflict of interest *cough* *cough* ...

Tenchusatsu
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