this post was submitted on 06 Nov 2026
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[–] UnderpantsWeevil@lemmy.world 20 points 3 days ago

He lost nothing

He lost a marginal amount of credit worthiness. $80B is twice the purchase price of Twitter, as a point of comparison. But it's after a $400B bull run.

What he's lost today is dwarfed by what he gained over the last ten years.