Elon Musk’s X Is Worth Less Than Half of Price He Paid for Twitter
- X is worth $19 billion a year after the $44 billion purchase
- Employee restricted stock units are awarded at $45 a share
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X, the platform formerly known as Twitter, is worth less than half of what Elon Musk paid for it a year ago.
Restricted stock units awarded to employees value the company at $19 billion, or $45 a share, according to a person familiar with the matter. A year ago, Musk bought Twitter Inc. for $44 billion.