Elon Musk Values Twitter at $20 Billion in Employee Stock Grants.

1 min read
Source: Reuters
Elon Musk Values Twitter at $20 Billion in Employee Stock Grants.
Photo: Reuters
TL;DR Summary

Elon Musk has reportedly offered Twitter employees stock grants at a valuation of nearly $20 billion, less than half of the $44 billion he paid to acquire the social media platform. Musk had previously stated that Twitter is on track to be "roughly cash flow break-even" in 2023.

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