Why did Twitter (X)'s valuation tank 56% in one year? | TechCrunch
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The company formerly known as Twitter, X is valuing itself at $19 billion, per internal documents obtained by Fortune. When Elon Musk bought the company

Why did Twitter (X)'s valuation tank 56% in one year?::The company formerly known as Twitter, X is valuing itself at $19 billion, per internal documents obtained by Fortune. When Elon Musk bought the company

  • Pika@sh.itjust.worksEnglish
    2·
    2 years ago

    I know very little about finances, what does that actually mean. I expect that fidelity is the financial broker, but how are they able to devalue what they put towards the purchase of the platform after everything’s been signed and agreed to.