Sunday, December 22, 2024
Social

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

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.

Source link

Share with your friends!

Products You May Like

Leave a Reply

Your email address will not be published.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

x  Powerful Protection for WordPress, from Shield Security
This Site Is Protected By
Shield Security