Does X’s new valuation make sense?


News that X (formerly Twitter) is now valued internally at $19 billion has unleashed a wave of snickering from critics of Musk and his recently renamed social network. So instead of discussing why X may have shed so much value since it was purchased, including the caveat that it was not worth the $44 billion Musk paid when he bought it, let’s do a bit of comparison this morning.


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