Two years after Elon Musk’s controversial $44 billion acquisition of Twitter, the platform—now rebranded as X—has seen its valuation plummet to just $9.8 billion, despite hitting all-time highs in user growth and engagement. What caused this drastic decline? From inflated purchase prices and bot scandals to an advertiser boycott, the story is anything but straightforward.
But there’s a twist: XAI, leveraging X’s data and ecosystem, has surged to a $50 billion valuation, raising the question—was this truly the worst deal in tech history, or a genius move with long-term potential? Join us as we dive into the numbers, the paradoxes, and the future of X.
Possibly the worst deal in tech history… or was it?
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