[manuelabeledo]

It is also estimated that it has lost 80% of its valuation and has ~$9 billion of negative equity.

[Hamuko]

How can it have lost 80% of its valuation when Elon Musk bought it for $44 billion and then sold it to an entirely different entity at a valuation of $45 billion, and then that entity was bought by a completely different third entity for a valuation of $250 billion?

[kitbrennan]

“entirely different entity” and “completely different third entity” are both doing a lot of heavy lifting

[albatross79]

How can it have lost 80% of its valuation when Elon Musk bought it for $44 billion and then sold it to Elon Musk at a valuation of $45 billion, and then that entity was bought by Elon Musk for a valuation of $250 billion?

Wait a second here!

[hkpack]

Poe's law at its best!

[sd9]

For those downvoting... I'm pretty sure this is satirical.

[H8crilA]

Elon Musk sold it to Elon Musk. The price must have been meaningful. Wait till he does it again!