Elon Musk values Twitter '$20 billion' after $44 billion acquisition in 2022

Elon Musk, the CEO of Twitter, has reportedly issued stock grants to the company's staff at a valuation of close to $20 billion.

Twitter's value has dropped significantly since the acquisition, but it is still far higher than Twitter's competitors' public market valuation levels, according to a reportThe site has lost advertisers as a result of the Musk-mandated reinstatement of some previously banned users, an increase in antisemitic and other hate speech, broken functionality, and a botched blue check rollout that cost Eli Lilly millions of dollars.

"Regarding Twitter's reduction in force, unfortunately, there is no choice when the company is losing over $4M/day," Musk said back then.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

IntEngineering /  🏆 287. in NL

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Elon Musk Makes Failing Companies Thrive, Twitter May Soon Join ListViews are mixed about Elon Musk's Twitter takeover, but the Tesla CEO says he may be able to get the failing company cash-slow positive as soon as next quarter.
Lees verder »