If Musk had bought Bitcoin and gold instead of Twitter, here's what it would be worth today
This analysis from TheStreet, published on Yahoo Finance, explores a hypothetical scenario: what if Elon Musk had invested the $44 billion he used to acquire Twitter in October 2022 into Bitcoin and gold instead. The article calculates that a $22 billion investment in Bitcoin at ~$20,000 per coin would now be worth ~$70.4 billion (a 220% return), while a $22 billion investment in gold at ~$1,660 per ounce would be worth ~$43.7 billion. The combined hypothetical portfolio would be worth approximately $114.1 billion, more than 2.5 times the original outlay. In contrast, Twitter (now X) has recovered to roughly its $44 billion purchase price after significant turbulence. The article notes that the comparison is purely financial and does not account for X's strategic value as a communications platform, political tool, and super-app play for Musk.
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