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So I just realized you actually can't invest in X directly if you're a regular person like me. Apparently when Elon bought Twitter back in 2022 for 44 billion, it became this private company thing, which means no public stock trading anymore. Wild right?
Like, it used to trade on NYSE under TWTR ticker, share price was around 53.70 before the buyout. But once Musk consolidated everything, boom - delisted. Now if you want to invest in X you basically have to be either an accredited investor or some big institution. Regular retail folks are just locked out.
I looked into it because X has been popping off lately - Trump was on there talking to Musk, Grok got updated, they're making money from ads and subscriptions now. Seems like a solid business. But yeah, the whole structure changed when it went private. You'd need to buy shares directly from current shareholders, which isn't really feasible for us.
Guess the alternative is just investing in other social media companies that are publicly traded if you want that kind of exposure. Not ideal but that's the situation. Anyone else trying to figure out how to invest in X or is it just me?