Tech

Elon Musk Values Twitter at Less Than Half What He Bought It For

DOWN THE DRAIN

In an email to employees, Musk said the company is valued at $20 billion just months after he purchased it for double that.

An illustration of the Twitter logo next to a photo of Elon Musk
REUTERS/Dado Ruvic/Illustration

Elon Musk wrote in a company email on Friday that he values Twitter at about $20 billion, less than half what he paid for it.

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