Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (1529435)	3/20/2025 11:59:52 AM
From: Tenchusatsu	Read Replies (1) of 1579680

Hey CPA guy, looks like Musk found investors that value X at the original purchase price of $44B: Value of Elon Musk’s X ‘rebounds to $44bn purchase price’ (The Guardian) But that can't be! These investors, which include big names such as Sequoia and Fidelity, should have listened to a CPA guy on SI who claims that privately-held companies don't have a market cap and therefore cannot be quantitatively valued! By the way, said investors are reportedly putting in $2B worth of capital, which means they just purchased a 4.5% stake in the company in order to obtain a valuation of $44B. Will they make that investment back? Remember, these kinds of investors typically aren't satisfied with a mere 10% or 25% on their returns. They are looking for at LEAST a 100% return, so they think X will eventually be worth over $88B. Is that possible? Maaaaaybe, if Musk has sold them on X becoming more than just a platform to "pwn teh libs." But I think there is some obvious quid pro quo going on here. Of course, the "nO cOnFlIcT oF iNtErEsT" Trump administration will closely scrutinize this investment to make sure there is absolutely positively NO corruption here, jajajajajajajaja ... Tenchusatsu

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