Elon Musk reportedly halves Twitter’s valuation in internal memo

Malaysia News News

Elon Musk reportedly halves Twitter’s valuation in internal memo
Malaysia Latest News,Malaysia Headlines
  • 📰 verge
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 67%

Musk reportedly put a $20 billion valuation on Twitter.

As noted by Schiffer, Musk adds that he sees “a clear but difficult path” to achieving a $250 billion valuation, which would eventually make Twitter’s current stock grants worth 10 times as much as they are now . Just like the Musk-owned SpaceX, Twitter will also reportedly let employees cash in their stock grants at specified periods.

Additionally, Musk reportedly writes that he views Twitter as an “inverse startup” due to the whirlwind of “necessary” changes he made to the platform to

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

verge /  🏆 94. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk puts $20 billion value on Twitter, The Information reportsElon Musk puts $20 billion value on Twitter, The Information reportsTwitter Inc CEO Elon Musk has offered the social-media company's employees stock grants at a valuation of nearly $20 billion, the Information reported on Saturday, citing a person familiar with an email Musk sent to Twitter staff.
Read more »

Elon Musk values Twitter '$20 billion' after $44 billion acquisition in 2022Elon Musk values Twitter '$20 billion' after $44 billion acquisition in 2022Elon Musk, the CEO of Twitter, has reportedly issued stock grants to the company's staff at a valuation of close to $20 billion, according to multiple media reports on Saturday.
Read more »

The Best Sunglasses On Amazon, From Under-$20 To DesignerThe Best Sunglasses On Amazon, From Under-$20 To DesignerNo shade here — we've uncovered the most stylish sunglasses Amazon has to offer.
Read more »

Elon Musk values Twitter at less than half of $44B price tag in offer to employeesElon Musk values Twitter at less than half of $44B price tag in offer to employeesBillionaire Twitter CEO Elon Musk offered his employees stock grants that valued the company at $20 billion last week, less than half the $44 billion he bough it for.
Read more »



Render Time: 2025-02-27 21:47:56