{"id":9425,"date":"2023-03-26T16:38:45","date_gmt":"2023-03-26T14:38:45","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/03\/26\/elon-musk-memo-suggests-twitter-worth-less-than-half-of-what-he-paid-for-it\/"},"modified":"2023-03-26T16:38:45","modified_gmt":"2023-03-26T14:38:45","slug":"elon-musk-memo-suggests-twitter-worth-less-than-half-of-what-he-paid-for-it","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/03\/26\/elon-musk-memo-suggests-twitter-worth-less-than-half-of-what-he-paid-for-it\/","title":{"rendered":"Elon Musk memo suggests Twitter worth less than half of what he paid for it"},"content":{"rendered":"<p>Calculation based on leaked offer to staff that implies firm valued at $2obn compared with $44bn he bought it for<\/p>\n<p>Twitter is worth less than half of what Elon Musk paid for it six months ago having lost more than $20bn (\u00a316.4bn) in value, according to calculations based on a leaked memo from the billionaire.<\/p>\n<p>Musk suggested in memo to the social media company\u2019s staff that it is now valued at less than $20bn. This compares with the $44bn he paid for it in October 2022.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/mar\/26\/elon-musk-twitter-value-leaked-memo-less-than-half-paid\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/8f1ed710bd894086525d30cf5ac7f47aca4dbf39\/850_88_3132_1879\/master\/3132.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=ba7d21be3d65b23467d66bac632978ae\" title=\"Elon Musk memo suggests Twitter worth less than half of what he paid for it\" \/>Calculation based on leaked offer to staff that implies firm valued at $2obn compared with $44bn he bought it for<br \/>\nTwitter is worth less than half of what Elon Musk paid for it six months ago having lost more than $20bn (\u00a316.4bn) in value, according to calculations based on a leaked memo from the billionaire.<br \/>\nMusk suggested in memo to the social media company\u2019s staff that it is now valued at less than $20bn. This compares with the $44bn he paid for it in October 2022. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Calculation based on leaked offer to staff that implies firm valued at $2obn compared with $44bn he bought it for Twitter is worth less than half of what Elon Musk paid for it six months ago having lost more than $20bn (\u00a316.4bn) in value, according to calculations based on a leaked memo from the billionaire. &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/03\/26\/elon-musk-memo-suggests-twitter-worth-less-than-half-of-what-he-paid-for-it\/\"> <span class=\"screen-reader-text\">Elon Musk memo suggests Twitter worth less than half of what he paid for it<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":9426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/9425"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=9425"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/9425\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/9426"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=9425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=9425"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=9425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}