There's another big problem with Elon Musk's Twitter rebrand: Microsoft owns the trademark to the title "X." In a word: lol.
@threetimes@beehaw.org
link
fedilink
English
111Y

Market capitalization means that every share of MSFT combined at the current price is worth $2.6T. The company has $100B cash on hand. That’s actual cash and investments that could be easily converted to cash. Substantially less than $2 trillion.

AphoticDev
link
fedilink
English
71Y

Oh, only a $100 billion? Wow what poors, guess they’re fucked.

@maynarkh@feddit.nl
link
fedilink
English
161Y

Yeah, but by that logic, Musk isn’t a billionaire either.

@knotthatone@lemmy.one
link
fedilink
English
3
edit-2
1Y

And as a public company, Microsoft has a lot more options to leverage their equity than a private company or individual does.

@threetimes@beehaw.org
link
fedilink
English
11Y

Musk owns stock worth billions. Stock is a liquid asset, meaning he has billions in liquid assets. The $2.6T market cap is what the public shares of MSFT are “worth.” They are owned mostly by people and orgs other than Microsoft, meaning that value is not an asset to Microsoft.

Your comment is low-effort. Don’t do that.

Feydaikin
link
fedilink
English
11Y

Isn’t that still a fuck-ton more than what any of their competitors have at their disposal?

Create a post

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

  • 1 user online
  • 60 users / day
  • 170 users / week
  • 619 users / month
  • 2.31K users / 6 months
  • 1 subscriber
  • 3.28K Posts
  • 67K Comments
  • Modlog