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

  • Chainweasel@lemmy.world
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    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
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      1 year ago

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