{"id":918136,"date":"2025-03-31T08:27:27","date_gmt":"2025-03-31T02:57:27","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=918136"},"modified":"2025-03-31T08:44:38","modified_gmt":"2025-03-31T03:14:38","slug":"elon-musks-twitter-purchase-has-lost-him-rs-93500-crores-so-far","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/03\/31\/elon-musks-twitter-purchase-has-lost-him-rs-93500-crores-so-far\/","title":{"rendered":"Elon Musk\u2019s Twitter purchase has lost him Rs 93,500 crores so far\u2026"},"content":{"rendered":"<p>In a recent Twitter post Elon Musk announced that \u201cxAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).\u201d Musk had bought Twitter\/X for $44 billion in 2022. Therefore, for all practical purposes, there is a clear loss of over $11 billion ($12 billion debt notwithstanding). What exactly happened? Did the world\u2019s richest man make a losing deal or is he using one company to bail out another.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent Twitter post Elon Musk announced that \u201cxAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).\u201d Musk had bought Twitter\/X for $44 billion in 2022. Therefore, for all practical purposes, there is a clear loss of over $11 billion ($12 billion debt notwithstanding). What exactly happened? Did the world\u2019s richest man make a losing deal or is he using one company to bail out another.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-918136","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/918136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=918136"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/918136\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=918136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=918136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=918136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}