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Technology@lemmy.worldEnglish · 1 year ago

Why did Twitter (X)'s valuation tank 56% in one year?

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Why did Twitter (X)'s valuation tank 56% in one year?

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Technology@lemmy.worldEnglish · 1 year ago

Why did Twitter (X)'s valuation tank 56% in one year? | TechCrunch

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

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ChicagoTransplant@midwest.social
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1 year ago
Its the current value they believe the investment has now. So if they sold today they would expect it to be 65% less than what they paid.

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