One year after being bought for $44 billion, X is worth $19 billionarstechnica.comexternal-link ijeff ( @ijeff@lemdro.id ) cake TechnologyEnglish • 8 months ago message-square26fedilinkarrow-up1167
arrow-up1167external-linkOne year after being bought for $44 billion, X is worth $19 billionarstechnica.com ijeff ( @ijeff@lemdro.id ) cake TechnologyEnglish • 8 months ago message-square26fedilink
minus-square 4dpuzzle ( @tesseract@beehaw.org ) linkfedilinkEnglish1•8 months agoI assume that the valuation is what Elon can expect to recoup if he were to liquidate (sell off) Twitter for some reason. Even if he didn’t, the amount is going to make it to the balance sheet of his lenders - representing a loss in the deal.
I assume that the valuation is what Elon can expect to recoup if he were to liquidate (sell off) Twitter for some reason. Even if he didn’t, the amount is going to make it to the balance sheet of his lenders - representing a loss in the deal.