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    Yuritopiaposadism [none/use name]@hexbear.net to technology@hexbear.netEnglish · 3 months ago

    Capitalist innovation.

    hexbear.net

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    Capitalist innovation.

    hexbear.net

    Yuritopiaposadism [none/use name]@hexbear.net to technology@hexbear.netEnglish · 3 months ago
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    https://www.msn.com/en-us/money/other/elon-musk-says-xai-acquired-x-in-an-all-stock-deal/ar-AA1BRPQL

    • SootySootySoot [any]@hexbear.net
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      3 months ago

      He made xAI buy Twitter at a value of $45bn dollars (minus debts). Exactly 1bn more than he paid for it, just so he gets to pretend like he isn’t a completely failed investor.

      • AcidSmiley [she/her]@hexbear.net
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        3 months ago

        so he basically dumped another billion into the company by selling it to himself and plays it off as “now it’s worth more than when i bought it”

        • Nakoichi [they/them]@hexbear.net
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          3 months ago

          hey if it works for crypto…

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