A year after he bought Twitter for $44 billion, Musk thinks the company is now worth $19 billion, a 55 percent drop.

Let's recap what he did to Twitter, I will go first:

  • Changed the original name Twitter to X.
you are viewing a single comment's thread
view the rest of the comments
[–] 14 points 2 years ago* (last edited 2 years ago)

You forgot quite a significant thing when it comes to Twitter's devalutation. Musk delisted Twitter on Nov 8 as part of his acquisition. The worth of a private company is a bit more difficult to figure out compared to the worth of a public company.

  • source