There was also the cost of running twitter. Granted, his return so far has been about 50 bil and twitter still has a market value of like 40 billion, so it’s not like that asset has gone away. Like 4 billion in net costs to make 50 billion in two years is pretty solid return on investment…
He spent a lot more than that. Twitter was $44B.
didn’t the saudis fund some of that?
Yeah, they gave him about $2b for some stock / equity in Twitter / X.
There was also the cost of running twitter. Granted, his return so far has been about 50 bil and twitter still has a market value of like 40 billion, so it’s not like that asset has gone away. Like 4 billion in net costs to make 50 billion in two years is pretty solid return on investment…