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72 Musk Puts $20 Billion Value on Twitter

The Information
Erin Woo @ The Information 1 place · 03/25/2023 19:45 EDT

Musk Puts $20 Billion Value on Twitter

Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals.

As Musk has projected that Twitter will generate less than $3 billion in revenue this year, and taking into account the company’s $13 billion in debt,

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