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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (1525363)	2/25/2025 3:41:51 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1571200

Inode, Why is it "market cap" and not "Musk cap"? Because typically the value of a company is set not by what the owner says it should be, but by what the market believes it should be. Musk believes X is worth the $44B that he paid for it, and reports are that there are investors who are willing to fund the company based on his own valuation. However, reliable estimates put the value of the company somewhere around $9.4B based on the loss of users and ad revenue since Musk's purchase. I pointed that out to you, only for you to reject that valuation based on excuses ranging from Musk's "altruism" to semantics. In any case, it'd be very interesting to see which investors really think X is worth $44B, and whether they are expecting a real return on investment, or whether they're expecting some other quid pro quo. Because it's not like Musk really NEEDS the funding, unless ... can you guess? Tenchusatsu