Back to episode — Episode 2784 CWSA 03/20/25
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s sip. And damn it, it happens right now. Go. Delightful. One of the best ever. Well, did you know that according to Frontiers in Nutrition, regular coffee and tea consum
← Previous segment →ption lowers your risk of osteoporosis? Did you notice when you sipped that your osteoporosis seemed a little bit better? Yeah, good science.
Well, Elon Musk has raised almost a billion dollars in new equity for X. And here's the fun part: that would value X at about $32 billion, and that would be close to what he bought it for. So basically the outrageous price that he paid for X has already paid for itself. Do you remember when the biggest thing you could say against Elon Musk was, well, he's not such a genius, he overpaid for X? And those of us who were a little bit smarter said, you know, just wait. Yeah, I'd wait a little bit on that.
So based on the amount he just raised, which means he has plans for X, I assume that's not just to retire some debt. It's probably also t
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o make sure he can do some new stuff. But it looks like his purchase of X was a good investment. Of all the things in the world, it was one of the very few things his critics had to cling to. Oh yeah, well, okay, maybe SpaceX is kind of cool and yeah, Tesla was doing all right, but Starlink was good and Neuralink seems like it's changing the world, but he definitely overpaid for X. Can't say that…
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