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It shrank that much because of musk, or was it overvalued to begin with? Maybe musk was just left holding the bag?
I have these doubts too, but I think it will be a mix of several factors.
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He also had doubts of its value when he purchased it. Thats why he didnt want to buy it.
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You may have noticed that these figures are not the market capitalization.
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You wont know the actual value until musk sells it. Do you think he ever will? I think he enjoys owning the platform.
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I don't think Musk is in it for the money, he likes the power and attention!
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