The Information: Musk's latest valuation of Twitter is only $20 billion, less than half of the acquisition price

ChainCatcher news, according to The Information, Musk stated in an email to Twitter employees that he is offering stock incentives to Twitter employees at a valuation of about $20 billion, which is less than half of the $44 billion he paid to acquire Twitter, indicating that Twitter's market value is declining. Twitter has not yet commented on this news.

Additionally, as Musk expects Twitter's revenue to be below $3 billion this year, and considering the company's $13 billion debt, the $20 billion valuation means that Twitter's valuation level is still significantly higher than its competitors Snap, Pinterest, and Meta Platforms. (source link)