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The Most Expensive Political Ad of All Time

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Popular Information: “In 2022, Elon Musk purchased Twitter, one of the world’s largest social networks, for $44 billion. From a financial perspective, it has not worked out well. Over the last two years, the value of Twitter — which Musk renamed X — has plunged. Internal documents reveal that company executives believed it was worth less than half of what Musk paid for it by October 2023. In 2024, Fidelity valued the company at just $12.5 billion.”

“Musk’s ownership of X, however, gives him full control over its algorithm. According to a report by The Verge, Musk ‘created a special system’ that promotes his posts ‘to the entire user base.'”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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