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According to a leaked memo, only 6 months after its acquisition, what does Elon Musk value Twitter at?
Elon Musk values Twitter at $20 billion, according to an internal memo reported by the Information on March 25, 2023. Musk paid $44 billion for Twitter in October 2022, meaning Twitter lost more than half its value in just half a year. However, Musk acknowledged it as an overpayment at the time of the deal. The company’s value dropped throughout the year as advertisers pulled out of the platform.