Justin Sun: I want to be a low-profile version of Musk and seek community opinions on the acquisition of Weibo
Odaily2024/07/12 14:38
By:Odaily
Odaily News Sun Yuchen posted on the X platform, Weibos current
market value is indeed not high, $2 billion, and it makes $300 million a year, with a price-to-earnings ratio of only 6 times. Moreover, its moat is good, with a large amount of traffic, and it can be used to incubate other businesses in the future. What do you think of buying it and building prosperity together? Later, he said in the comment section that this move could be seen as an attempt at a low-profile version of Musk.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
Bitget Announcement•2025/12/09 03:00
STABLEUSDT now launched for futures trading and trading bots
Bitget Announcement•2025/12/08 13:19
Martingale bot upgraded–simpler setup, more flexible features
Bitget Announcement•2025/12/08 10:25
Stock Futures Rush (phase 9): Trade popular stock futures and share $240,000 in equivalent tokenized shares. Each user can get up to $5000 META.
Bitget Announcement•2025/12/08 08:00
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$90,516.23
-1.12%
Ethereum
ETH
$3,126.19
-0.22%
Tether USDt
USDT
$1
-0.01%
XRP
XRP
$2.06
-1.11%
BNB
BNB
$889.35
-1.57%
USDC
USDC
$0.9999
-0.01%
Solana
SOL
$133.02
-2.00%
TRON
TRX
$0.2811
-2.05%
Dogecoin
DOGE
$0.1408
-0.93%
Cardano
ADA
$0.4283
-0.15%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now