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Elon Musk is, essentially, bailing out himself using investor money from another company he runs by assigning a very highball evaluation to the company he's been destroying.

I don't know how you can get closer to the robber baron ideal than being able to distort the market like that.



In fairness, a recent report put X's value at 44b, though I don't have access to FT to read the source material to know why.

https://markets.businessinsider.com/news/stocks/elon-musk-s-...




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