• mac@lemm.ee
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    2 days ago

    The appointment of Elon Musk to lead the proposed department of government efficiency raises concerns, given his track record of business management.

    His handling of Twitter/X after its $44 billion acquisition has resulted in a significant decline in its value, with some sources putting the valuation around $9bn.

    Doesn’t seem very efficient to me.

    • Dasus@lemmy.world
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      2 days ago

      Not just significant, I’m pretty sure the loss in value is some sort of a record, for real.