Solomon: Why Is Elon Musk Claiming Twitter Is Worth Half of What He Paid for It?

Elon Musk’s recent claim that Twitter is worth less than half of what he paid for it has caused widespread speculation about his intentions.
While it is not entirely clear what his endgame is, Musk recently offered stock grants to Twitter staff that value the company at $20 billion, less than half of the $44 billion he paid to take control of the social media company in late October.
Musk told employees they would receive stock awards based on a $20 billion valuation of the firm. This …

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