Twitter is now worth half of the $44B Elon Musk paid for it — Report

Twitter is now worth half of the $44B Elon Musk paid for it — Report

According to an Oct. 30 report from Bloomberg, an internal memo and sources familiar with the matter said that restricted stock units recently paid to employees of the company were valued at $45 a share, which puts the company’s value at around $19 billion — less than half of the $44 billion that Musk paid for the company on Oct. 27, 2022.

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