Elon Musk Values Twitter at $20 Billion in Employee Stock Grants.
TL;DR
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.
- Elon Musk puts $20 billion value on Twitter, The Information reports Reuters
- Elon Musk Offers Employees Stock Grants Valuing Twitter at About $20 Billion The Wall Street Journal
- Elon Musk Values Twitter at $20 Billion, Less Than Half His Purchase Price Yahoo Entertainment
- Elon Musk puts $20 billion value on Twitter - The Information By Reuters Investing.com
- Which Sucker Companies Are Going To Pay Elon Musk $1000/Month To Get An Ugly Gold Badge? Techdirt
Want the full story? Read the original reporting
Read on Reuters