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
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Elon 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.
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Elon 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.
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Elon 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.
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