X Says It Is Worth $19 Billion, Down From $44 Billion Last Year
www.nytimes.com
The social media company’s valuation was disclosed in the paperwork for stock grants that it handed to employees on Monday.

Some amusing Twitter information.

With the $13B in loans, this means that Twitter’s Enterprise Value is like $6B now, right? Or did I do the math wrong?

  • @n3m37hEnglish
    6•1 year ago

    Removed by mod

    • SuperDuperEnglish
      3•1 year ago

      Right? That’s the whole reason the board jumped on the deal. He was offering way too much money for the company. If someone knocked on my door and offered a million bucks for my house I’d take them up on that offer without a second thought for the same exact reason.

  • @seaQueueEnglish
    6•1 year ago

    Are they trying to spin that loss for a tax break or bailout yet? I’ve been waiting for Elon to try for some kind of tax payer handout or write off since he bought the company.

    • @WodgeEnglish
      3•1 year ago

      I’d love to see Musk attempting to justify a government bailout.

      • @SelmafuddEnglish
        1•1 year ago

        bAiLOuTs fOr FrEeSpEaCh

  • @badbytesEnglish
    3•1 year ago

    What happens when you drive a social media company off the lot.

  • @TreczoksEnglish
    2•1 year ago

    I would not pay a single cent for it.