Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email.
Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media.
The compensation plan values the platform at $20 billion, slightly more than Snapchat's parent company Snap or Pinterest , both of which are publicly traded, unlike Twitter. A query from AFP emailed to Twitter's communications department generated an automatic response in the form of a poop emoji. Since taking control, Musk has sharply cut the group's payroll from 7,500 employees to fewer than 2,000.
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Musk Values Twitter at $20 BillionAn email to Twitter’s communications department was returned with a poop emoji.
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