Why did Twitter (X)’s valuation tank 56% in one year? TechCrunch

The company formerly known as Twitter, X is valuing itself at $19 billion, per internal documents obtained by Fortune. When Elon Musk bought the company one year ago this week, he paid about $44 billion for the microblogging platform, or $54.20 per share. This internal valuation marks about a 56% decrease in X’s value over […]

© 2023 TechCrunch. All rights reserved. For personal use only.

 The company formerly known as Twitter, X is valuing itself at $19 billion, per internal documents obtained by Fortune. When Elon Musk bought the company one year ago this week, he paid about $44 billion for the microblogging platform, or $54.20 per share. This internal valuation marks about a 56% decrease in X’s value over
© 2023 TechCrunch. All rights reserved. For personal use only.  Read More TechCrunch Social, 409a, Elon Musk, Twitter, valuation, X 

Share

Leave a Reply

Your email address will not be published. Required fields are marked *