Source: Elon Musk offers Twitter staff stock grants at a ~$20B valuation which, with a $13B debt, implies a $33B enterprise value, ~11x 2023’s projected revenue (Erin Woo/The Information)

by #AI March 25, 2023 · Automatic

Erin Woo / The Information:
Source: Elon Musk offers Twitter staff stock grants at a ~$20B valuation which, with a $13B debt, implies a $33B enterprise value, ~11x 2023’s projected revenue — Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff …