X, the platform formerly known as Twitter, is worth less than half of what Elon Musk paid for it a year ago.
Restricted stock units awarded to employees value the company at US$19-billion, or $45/share, according to a person familiar with the matter. A year ago, Musk bought Twitter for $44-billion.
Over time, Musk’s erratic decision making and looser content safety rules have driven away advertisers
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