Twitter stockholders collectively received $44B from Musk on October 27. So, yes, Twitter was worth $44B at that moment. And, yes, it’s also true that Musk grossly overpaid for a company probably worth around $10B because he made the most costly “420” joke in history. Both statements are simultaneously true.
If it was never worth $40B, it can’t have lost $40B in value. . .
Twitter stockholders collectively received $44B from Musk on October 27. So, yes, Twitter was worth $44B at that moment. And, yes, it’s also true that Musk grossly overpaid for a company probably worth around $10B because he made the most costly “420” joke in history. Both statements are simultaneously true.