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Elon Musk Values Twitter at $19 Billion One Year After Takeover

  • 📰 RollingStone
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Elon Musk, who paid $44 billion for Twitter last year, revealed he believes the company is now worth just $19 billion.

equity in the company, saying it was valued at $19 billion, or $45 a share. That’s a 55 percent drop in value from when Musk bought Twitter last year — and it might be an overly sunny assessment.

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X valued at $19 billion in share plan for employeesA year after Elon Musk bought the company formerly known as Twitter, he has confirmed that the business is worth 55 percent less than his $44 billion purchase price.
Source: verge - 🏆 94. / 67 Read more »