Elon Musk's X gets another valuation cut from Fidelity

Elon Musk's X gets another valuation cut from Fidelity(axios.com)

35 points by smaili 2 years ago | 10 comments

I tried to start an ad campaign on X to measure the CPM's on there for various keywords, and they haven't approved my ad campaign.

You would think a company that is desperately trying to increase ad revenue wouldn't make me wait 2 months to start giving them money.

mgerullis 2 years ago | |

Seems that cutting most staff does have repercussions

ncr100 2 years ago |

Social networking à la Musk is right-sizing its commercial relevance.

thegrim33 2 years ago |

Is there a name for the propaganda tactic of attaching people's names to headlines in order to associate a negative event with their name? I see it happening pretty often in the last few years.

Also, if X's valuation ever goes back up will these same people write a similar article about it, and attach his name to that positive event? Or would it just be ignored and not reported on?

wizzwizz4 2 years ago | |

Lots of things are called X, so either you call it Twitter or you disambiguate in some way.

You can't claim a letter of the alphabet in the global namespace. Not even C gets to do that.

anigbrowl 2 years ago | |

It's not a propaganda tactic when he's the sole owner and the face of the brand. Technically Linda Yaccarino is CEO but nobody seems to think she has any say in the direction of the company.

ncr100 2 years ago | |

Is the suggestion that Elon Musk has no or little influence over Fidelity's drastically bad valuation change? And also that Axios is engaging in propaganda?

I infer that from the comment. I am not an expert on propaganda.

I do read critically too however. I wonder if I'm missing some connecting detail?

add-sub-mul-div 2 years ago | |

Live by culture war dipshit notoriety, die by culture war dipshit notoriety.

sigmar 2 years ago | |

Other axios headlines that take 5 seconds to google:

Elon Musk's SpaceX wins contract to build NASA's lunar lander

Putting Elon Musk’s Tesla into climate change perspective

https://www.axios.com/2021/04/16/spacecx-musk-nasa-moon-luna...

https://www.axios.com/2018/08/24/putting-elon-musks-tesla-in...

rsynnott 2 years ago | |

> in order to associate a negative event with their name?

…

I mean, it is _his fault_. Are you aware of the phrase “the buck stops here”? And from a practical point of view, just “X” is pretty ambiguous, and the “X, formerly known as Twitter” thing is cumbersome.

What makes you think this is propaganda? In service of what ends? Propaganda doesn’t just mean “news I don’t like”, or even “poorly/clickbait-y reported news I don’t like”.