Rolling Stone: Elon Musk, Who Bought Twitter for $44 Billion, Now Values It at $19 Billion

Rolling Stone: Elon Musk, Who Bought Twitter for $44 Billion, Now Values It at $19 Billion. “On Monday, Oct. 30, as Fortune reports, Musk awarded all the X employees he didn’t fire equity in the company, saying it was valued at $19 billion, or $45 a share. That’s a 55 percent drop in value from when Musk bought Twitter last year — and it might be an overly sunny assessment. The mutual fund company Fidelity — which contributed over $300 million to Musk’s Twitter takeover — just revealed it thinks the company is worth 65 percent less than it was last year.”