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@Stocktwits Noooooooooooooooooooooooooooo(body even used this?)
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@Stocktwits I’m old enough to remember when celebrities were buying Metaverse properties 🤣
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@Stocktwits Could've fed a lot of hungry people for that amount... SMH
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@Stocktwits Yea but they saved $18 billion in taxes! 🤣
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@Stocktwits Don't mistake a strategic pivot for a collapse. By cutting the metaverse dead weight today, they are freeing up the cash flow to dominate the 2026 AI race. Legacy hardware is out; infrastructure and Llama-next are in.
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@Stocktwits What am I supposed to do about my shift at the Metaverse chipotle?
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@Stocktwits The fact that they continued to pour money into this... What?!
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After ~$80–90B in Reality Labs losses since 2020 (incl. $19B+ in 2025 alone), this is a pragmatic pivot: separate VR hardware focus from social Horizon (now phone-based), cut costs, and redirect toward AI + smart glasses like Ray-Ban Meta. The big VR dream? Scaled way back, but not dead—Quest lives on, just without the metaverse core. Hype met reality.
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@Stocktwits Am I a fool for really thinking little of such irresponsible company. Hard to take seriously and invest in it despite many hedge funds favoring them in recent quarters.
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@Stocktwits No they didn’t.
They laundered money through it.
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@Stocktwits will go down as one of the biggest misallocation of capital in history $META
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