this post was submitted on 31 Oct 2023
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Technology

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[–] ultratiem@lemmy.ca 2 points 10 months ago (1 children)

Cool. So no one is asking why Elon is going out of his way publicizing the fact his new company shed over half its value?? This is a guy whose ego is fragile he can’t even be told no without throwing a world class temper tantrum.

And he’s going around making up these stories? 🤔

[–] tesseract@beehaw.org 1 points 10 months ago

I think he's doing it, because he has no other option. This valuation is based on the equity he offered to the employees. And I don't think he would risk lying about it, since his relations with the SEC are already sour.