Elon Musk values Twitter at less than half of $44B price tag in offer to employees

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Elon Musk values Twitter at less than half of $44B price tag in offer to employees
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Billionaire Twitter CEO Elon Musk offered his employees stock grants that valued the company at $20 billion last week, less than half the $44 billion he bough it for.

Musk has made massive changes at Twitter since taking over the company last year.The email to staff came the same week Musk sent a late-night memo informing employees that working from home was not an option.

The eccentric CEO fired thousands of Twitter's employees soon after coming through the door in November.

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