Coverage dated March 25, 2023 to March 26, 2023

Musk says Twitter now worth $20 billion, less than half what he paid for it

Headline from The Hill

Twitter CEO Elon Musk reportedly told employees in an email on Friday that the company is now valued at $20 billion, less than half of the $44 billion he paid to purchase the company last year. In …

The Hill's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

Read the reports

Reports & sources

17 articles, oldest first.

  1. Insider

    Companies say Elon Musk's plan to charge $1,000 for month for Twitter checkmarks is 'outlandish' and makes them 'meaningless' (opens Insider)

    Published

    Insider's feed description

    Twitter is under fire for plans to make organizations pay large sums to be verified. One company cofounder said it makes the checkmark "meaningless."

  2. Insider

    Elon Musk concedes Twitter is now worth less than half what he paid in email about stock grants, report says (opens Insider)

    Published

    Insider's feed description

    Musk told Twitter workers about stock grants that value the company at about $20 billion, Platformer reported, far lower than the $44 billion he paid.

  3. FOX Business

    Elon Musk values Twitter at less than half of $44B price tag in offer to employees (opens FOX Business)

    Published

    FOX Business's feed description

    Billionaire Twitter CEO Elon Musk offered his employees stock grants that valued the company at $20 billion last week, less than half the $44 billion he bough it for.

  4. UPI

    Elon Musk values Twitter at $20 billion after purchasing for $44 billion (opens UPI)

    Published

    UPI's feed description

    Twitter's valuation has been cut in half according to an internal memo from owner and CEO Elon Musk.

  5. Digital Journal

    Elon Musk puts Twitter's value at just $20 billion (opens Digital Journal)

    Published

    Digital Journal's feed description

    Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago,

  6. Fortune

    Elon Musk puts $20 billion value on Twitter after buying it for $44 billion five months ago: Report (opens Fortune)

    Published

    Fortune's feed description

    Musk offered Twitter employees new equity grants valuing the company at $20 billion.

  7. Deadline

    Twitter Is Now Worth $20B, Less Than Half Its Purchase Price, Elon Musk Claims (opens Deadline)

    Published

    Deadline's feed description

    How do you make a small fortune? The old joke suggests you start with a large one. But Elon Musk isn’t laughing at that punch line, as Twitter has drastically shrunk in its valuation, at leas…

  8. New York Times

    Elon Musk Values Twitter at $20 Billion (opens New York Times)

    Published

    New York Times's feed description

    The billionaire bought the social media company for $44 billion in October and took it private.

  9. The Guardian

    Elon Musk memo suggests Twitter worth less than half of what he paid for it (opens The Guardian)

    Published

    The Guardian's feed description

    Calculation based on leaked offer to staff that implies firm valued at $2obn compared with $44bn he bought it for

  10. Bloomberg

    Musk’s Stock Grants Value Twitter at $20 Billion: Information (opens Bloomberg)

    Published

    Bloomberg's feed description

    Elon Musk offered Twitter employees new equity grants valuing the company at $20 billion, The Information reported, citing an unidentified person familiar with an email sent by the chief executive officer to staff.

  11. Engadget

    Elon Musk reportedly values Twitter at $20 billion (opens Engadget)

    Published

    Engadget's feed description

    Elon Musk values Twitter at about $20 billion, according to a recent email he sent to company employees..

  12. Fortune

    Elon Musk has watched Twitter plummet in value and OpenAI soar after he parted ways with it (opens Fortune)

    Published

    Fortune's feed description

    Twitter’s valuation has fallen to about $20B since Musk bought it for $44B. OpenAI has jumped to about $29B, up from $14B in 2021.

  13. Washington Times

    Musk says Twitter’s dollar value plummeted after his takeover (opens Washington Times)

    Published

    Washington Times's feed description

    Twitter’s valuation has dropped sharply since Elon Musk’s takeover last year, the CEO told employees in an email.

  14. The Hill

    Musk says Twitter now worth $20 billion, less than half what he paid for it (opens The Hill)

    Published

    The Hill's feed description

    Twitter CEO Elon Musk reportedly told employees in an email on Friday that the company is now valued at $20 billion, less than half of the $44 billion he paid to purchase the company last year. In …

  15. Breitbart News

    Elon's Massive Haircut: Twitter's Market Value Plummets by $20 Billion in Six Months (opens Breitbart News)

    Published

    Breitbart News's feed description

    A leaked memo from Twitter CEO Elon Musk has revealed that the company's value has fallen by over $20 billion, less than half of the $44 billion Musk paid for it six months ago.

  16. Rolling Stone

    Elon Musk Says Twitter Worth $20 Billion, or Less Than Half What He Bought it For (opens Rolling Stone)

    Published

    Rolling Stone's feed description

    Chief Twit also told employees that, at some point during his reign, the app was four months away from running out of money

  17. Observer

    Elon Musk Says Twitter Has Lost Half Its Value Since He Paid $44 Billion For It (opens Observer)

    Published

    Observer's feed description

    Twitter turns out to be a terrible investment for Elon Musk, losing more than half of its value in just five months.

Musk says Twitter now worth $20 billion, less than half what he paid for it | Since Then