Elon Musk reportedly halves Twitter’s valuation in internal memo

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Elon Musk reportedly halves Twitter’s valuation in internal memo
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Musk reportedly put a $20 billion valuation on Twitter.

As noted by Schiffer, Musk adds that he sees “a clear but difficult path” to achieving a $250 billion valuation, which would eventually make Twitter’s current stock grants worth 10 times as much as they are now . Just like the Musk-owned SpaceX, Twitter will also reportedly let employees cash in their stock grants at specified periods.

Additionally, Musk reportedly writes that he views Twitter as an “inverse startup” due to the whirlwind of “necessary” changes he made to the platform to

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