Reports of a staggering drop in the value of the worst social media site in the world coincided with Elon Must Tweeting that “cis” is a slur. Coincidence?
That figure is based off of a recent internal valuation that was made public because it kind of had to be, because Twitter now pays employees partly in equity (I’d rather take monopoly money, but I digress lol).
So basically that’s the number Elon himself admits the company is worth today - some people say less, but honestly it’s impossible to pin an exact number on these things unless someone is actually offering to buy it (or if it’s public and you can just look at the market cap)
They’re saying it in this article because Elon is being transphobic on purpose to manufacture controversy on the same day it’s announced that he’s now halved the value of Twitter. He doesn’t want people talking about what a financial loser he is, so he’s trying to make people talk about what a transphobe he is
I for one am 100% in favor of forever adding “who halved the value of Twitter” after every mention of Elmos name lol
Is it even worth half what it was before? It’s probably better to say something less specific, like “tanked”, so it stays accurate.
That figure is based off of a recent internal valuation that was made public because it kind of had to be, because Twitter now pays employees partly in equity (I’d rather take monopoly money, but I digress lol).
So basically that’s the number Elon himself admits the company is worth today - some people say less, but honestly it’s impossible to pin an exact number on these things unless someone is actually offering to buy it (or if it’s public and you can just look at the market cap)
They’re saying it in this article because Elon is being transphobic on purpose to manufacture controversy on the same day it’s announced that he’s now halved the value of Twitter. He doesn’t want people talking about what a financial loser he is, so he’s trying to make people talk about what a transphobe he is