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Musk: the value of the X brand will be 10 times what it was when it bought Twitter.

Shulou Source: shulou.com Published: 2023-11-24 18:36:08 11月14日 Update

CTOnews.com, August 7 (Xinhua)-- Musk responded to users on the X platform on Sunday, declaring that "the brand value of X will be at least 10 times the price he paid for Twitter, or more than $440 billion (CTOnews.com Note: about 3.164436 trillion yuan)."

Teslaconomics, the account Musk follows, is understood to have shared a table listing how the platform has changed since Mr Musk bought Twitter in October last year. Teslaconomics also said: "X completed the list in nine months, and now imagine what they will bring over the next 10 years."

Posts posted by ▲ source Teslaconomics

Posts posted by ▲ source Teslaconomics

A user named Joe Hansen left a message under the "Teslaconomics" post, saying, "I told you, history will prove that Musk bought Twitter / X cheaply!"

▲ source Joe Hansen posted a post to which Musk responded: "it's not super cheap, but 10 times the original price is still possible."

Foreign media Futurism said that Musk previously said: "X will become the most valuable brand on the earth", and if the current X platform is to achieve this goal, even if the brand value of X reaches 10 times that of the existing, it is obviously not enough.

According to BrandZ's recent 2023 list of the world's most valuable brands, the top four brands are all worth more than $440 billion, with Apple topping the list, with a brand value of $880.4 billion (about 6.331749 trillion yuan), a Google brand worth $577.6 billion (about 4.154041 trillion yuan) and a Microsoft brand worth $5019 billion (about 36096.15 billion yuan).

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