Elon Musk, owner of the social network $44 billion a year ago it now stands at around $19,000 million (17,897 million euros).
Acquisition of closed Twitter 27 October 2022, He implied that he had stopped trading on the stock market, so his accounts were no longer public and were known through Musk’s comments or documents obtained by media such as Fortune, The Verge, and The New York Times.
These are documents related to the stock compensation plan for employees who value these securities. 45 dollars, Although they state that “fair market value per share is determined by the board of directors” and that this body is not officially created in X.
There is a difference of perception with the Fidelity investment fund, one of the financiers of the acquisition of Twitter, which announced yesterday that it had reduced the value of its investment by approximately 300 million dollarsby 65%, which places the value 15,000 or 16,000 million.
Previously, in March, the company had offered shares to employees, estimating its value at approx. 20,000 million, It shows luck.
Musk himself said in a conversation with an X user in September Anti-Defamation League His claim that he had “destroyed the value” of the company by criticizing hate messages online was later revealed to show that X was worth 90% less than the acquisition, or around $4 billion.