Why did Twitter (X)'s valuation tank 56% in one year?::The company formerly known as Twitter, X is valuing itself at $19 billion, per internal documents obtained by Fortune. When Elon Musk bought the company

  • ChaoticNeutralCzech@feddit.de
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    1 year ago

    It exists to offload Musk spam from other communities so that people tired of him can just block it. I agree, it could have been named better, perhaps ElonNewsDump.

      • Poayjay@lemmy.world
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        1 year ago

        It’s not. It started as a subreddit. There was a time when Reddit worshipped Musk. The investor-bros and technology pages would just spam articles all over Reddit about him. Anything critical about him would be buried. That’s when r/enoughmuskspam started. It was a counter community to all the musk bullshit. Then public opinion on musk changed. The name is a carry-over from Reddit.