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.
Taylor Swift Is Reportedly Set on Becoming Travis Kelce's 'NFL Wife' as Their Whirlwind Romance Takes a Serious Turn
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Read more »
X/Twitter Suffers Decline in Active Users, Advertisers During Elon Musk’s First Year as OwnerSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Fidelity has marked down the value of Twitter/X by 65%Fidelity invested over $300 million into Elon Musk's $44 billion takeover.
Read more »
Elon Musk Promises Starlink Internet Assistance in GazaStarlink Internet services will be available to certain humanitarian groups in Gaza, Elon Musk announced.
Read more »
Elon Musk's X will demonetize posts corrected by Community Notes to 'maximize incentive for accuracy'The move comes amid fierce criticism of Musk for allowing users to spread unverified claims about the ongoing Israel-Hamas conflict.
Read more »
Elon Musk’s Promise to Bring Starlink to Gaza May Be Dead on ArrivalScience and Technology News and Videos
Read more »