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EU warns Elon Musk after Twitter found to have highest rate of disinformation (www.theguardian.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Musk is told his platform, now known as X, must comply with new laws designed to combat fake news and Russian propaganda

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[–] [email protected] 12 points 1 year ago* (last edited 1 year ago) (1 children)

The company stock price would halve.

Elon took it private, it doesn't have a stock price anymore. But it does have a valuation, which is basically it's appraisal value, and that's already significantly lower than what he paid for it.

[–] [email protected] 3 points 1 year ago

It was valued at roughtly a third but that was before the rebrand, now it's probably quite a bit lower!