Not sure why you are getting downvoted, there’s probably a world where that could happen.
That being said, the company is currently valued at 9.3B USD for revenue of 3.4m over 9 months and a loss of 49m. That’s an insane 2000x revenue multiple for a company with limited growth and an active user base generously estimated at only 5m.
The upper range of other social media companies is around 10x.
Edit: the reported revenue was for 9 months so I corrected the multiple from 2700x to “only” 2000x
I’m not MAGA but definitely will buy some, if Trump wins those shits will blow up…
Not sure why you are getting downvoted, there’s probably a world where that could happen.
That being said, the company is currently valued at 9.3B USD for revenue of 3.4m over 9 months and a loss of 49m. That’s an insane 2000x revenue multiple for a company with limited growth and an active user base generously estimated at only 5m.
The upper range of other social media companies is around 10x.
Edit: the reported revenue was for 9 months so I corrected the multiple from 2700x to “only” 2000x