Musk is told his platform, now known as X, must comply with new laws designed to combat fake news and Russian propaganda

Musk is told his platform, now known as X, must comply with new laws designed to combat fake news and Russian propaganda

  • Chainweasel@lemmy.worldEnglish
    11·
    1 year ago

    The company stock price would halve.

    Elon took it private, it doesn’t have a stock price anymore. But it does have a valuation, which is basically it’s appraisal value, and that’s already significantly lower than what he paid for it.

    • Gamey@feddit.de
      2·
      1 year ago

      It was valued at roughtly a third but that was before the rebrand, now it’s probably quite a bit lower!