> The company formerly known as Twitter handed out stock grants to its employees in paperwork that valued it at about $19 billion https://www.reuters.com/break

> The company formerly known as Twitter handed out stock grants to its employees in paperwork that valued it at about $19 billion https://www.reuters.com/breakingviews/xs-rock-bottom-leaves-elon-musk-little-lose-2023-11-06/ https://www.reuters.com/breakingviews/xs-rock-bottom-leaves-... Perhaps (probably) Twitter was overvalued, perhaps they're lying, but there's no evidence suggesting that Twitter is doing better than it was before and a lot of evidence suggesting otherwise. That being said, I do think Elon's other bad decisions and press have caused the greater share of loss, and maybe charging users is getting some of that back. And one of Elon's goals, having people pay for content creators and services, isn't necessarily a bad idea; it's just that right now most people go out of their way not to.