I mean he did spend 44 billion prior to said nuking. Site isn’t worth as much now sure, but the volume of currency still traveled into the hands of others.
Twitter having overwhelming dominance may have had value to shareholders, but IMO that is at the expense of everyone else. Not having to use Twitter is valuable.
Not really, and that’s the obscene part. Literally absolutely nothing changed about his standard of living by losing $40B.
He could have solved world hunger for years with that money, and wouldn’t even have had to give anything up for it.
40 billion going into the bank accounts of investors that previously owned Twitter stock certainly is a redistribution of wealth, but I doubt it’s the kind you’re referring to.
When no-one was looking, Elon Musk lost forty billion. He lost 40 billion. That’s as many as four tens billions. And that’s terrible.
Removed by mod
I never would have guessed that Musk is a billion times worse than Lex Luthor, but the math is right there. Terrible.
It’s an older meme, but it checks out.
Source (spoiler'd because image)
Lex Luthor bought a company for 44 dollars then lost 40?
Thanks for making my day!!
Terrible for him. Great for everyone else that that 40 billion is now in the hands of other people. 
It’s also ironic, that he is single-handedly the greatest redistributor of his own wealth. 
That’s not really how that works. He just reduced the value of the site. He nuked value out of existence.
I mean he did spend 44 billion prior to said nuking. Site isn’t worth as much now sure, but the volume of currency still traveled into the hands of others.
Good point actually.
Is the previous owner also a fuckhead though?
But he hasn’t realized his losses yet - HODL!
Twitter having overwhelming dominance may have had value to shareholders, but IMO that is at the expense of everyone else. Not having to use Twitter is valuable.
Not really, and that’s the obscene part. Literally absolutely nothing changed about his standard of living by losing $40B.
He could have solved world hunger for years with that money, and wouldn’t even have had to give anything up for it.
40 billion going into the bank accounts of investors that previously owned Twitter stock certainly is a redistribution of wealth, but I doubt it’s the kind you’re referring to.
Depends what they do with it, I guess.