Things aren't looking great for Musk at X. The investors that are suing him for billions were able to advance their case in Court this week with a judge ruling in their favor calling Musk misleading and deceitful during his acquisition of the company. The 2,000 + employees laid off after Musk gutting the company are going to reach a massive settlement in 2024. Other lawsuits and evictions for unpaid rents by Twitter since Musk's takeover are still being litigated. Ad revenues are down 54% which comprise 90% of X's revenues with that surely to drop further in the final 2023 quarter reporting. Many financial models have Twitter worth $4B after the buyout of $44B by Musk just over a year ago. What do you think is REALLY going on?https://www.hollywoodreporter.com/business/business-news/elon-musk-twitter-takeover-lawsuit-investors-claims-1235741291/https://www.latimes.com/business/story/2023-09-14/elon-musks-x-corp-agrees-to-try-to-settle-lawsuits-over-twitter-mass-layoffs
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