- cross-posted to:
- usa@midwest.social
- lefty_news@ibbit.at
- cross-posted to:
- usa@midwest.social
- lefty_news@ibbit.at
cross-posted from: https://ibbit.at/post/60404
From MR Online via this RSS feed
cross-posted from: https://ibbit.at/post/60404
From MR Online via this RSS feed
I looked up the valuation and I found around $30 Billion? That’s a fucking joke. In the era of wildly inflated assets and tech valuations the overwhelmingly most popular social media platform should be worth at least 10x that even if it is only US operations.
Elon Musk paid $44B for Twitter which is obviously waaaaaaay less valuable than TikTok. Thats a crazy undervaluation.
Tbf he paid that much because he said he would pay something like $420.69 a share because he’s a dumbass
So, not only did the US make China sell US tiktok, it fucked China on sell price as well.
Sounds about white.