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Chris Trottier

To people who say that Elon Musk won't buy Substack because he could "barely afford" to buy Twitter: Substack is no unicorn.

Substack's current valuation sits at $585 million.

That might be an over-estimation because its revenue for the entirety of 2022 was probably $18.6 million.

Elon Musk bought Twitter for $44 billion. He can assuredly buy Substack if he wanted it.

theverge.com/2023/3/28/2366047