Elon Musk is worth $20 billion on Twitter – #Elon #Musk #worth #billion #Twitter

March 25 (Reuters) – Twitter Inc CEO Elon Musk social media company employees approx 20 billion dollars stock grants worth offer did.

Reported assessment, Musk social 44 that he paid to buy the media platform billion is less than half a dollar, indicating that Twitter’s value is falling.

Twitter did not immediately respond to an emailed request for comment from Reuters.

In December, Musk said Twitter was on track to “roughly run out of cash flow” in 2023, as top advertisers continue to take over after the billionaire’s takeover. social they have reduced their expenses on the media platform.

Reporting by Rahat Sandhu in Bengaluru

Our standards: Thomson Reuters Trust Principles.

2023-03-26 05:00:59
Source – reuters

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