Showerthought after reading about Trump and Tiktok. Bet you Elon advises Trump to force the spinoff so that he can buy it.

  • KiwiFlavor@lemmy.blahaj.zone
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    7 days ago

    Often, yes.

    Musk purchased Twitter in 2022 for 44 billion, and he was overpaying. For TikTok’s American component, its price could be $100 billion, according to BBC and CBS or even $180 billion according to the Financial Times. Although a forced sale would definitely decrease the value (and that value includes TikTok’s proprietary algorithms which aren’t a given) it is definitely worth more than Twitter, even 2022 Twitter