ijeff ( ijeff@lemdro.id ) to TechnologyEnglish · 3 years agoOne year after being bought for $44 billion, X is worth $19 billionarstechnica.comexternal-linkmessage-square25linkfedilinkarrow-up1166
arrow-up1166external-linkOne year after being bought for $44 billion, X is worth $19 billionarstechnica.comijeff ( ijeff@lemdro.id ) to TechnologyEnglish · 3 years agomessage-square25linkfedilink
minus-square4dpuzzle ( tesseract@beehaw.org ) linkfedilinkEnglisharrow-up1·3 years 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.