is now worth just $20billion — less than half of what paid for it six months ago, the world's richest man told his employees.
In a company-wide email on Friday, Musk said the social media giant has lost so much money in recent months that it is now worth jut $20billion, a whopping $24billion less than what he purchased it for in October.
He then went on to defend his decision to in the months since he took the helm of the company, and sell off a variety of merchandise in recent auctions — claiming that Twitter was once just four months from being bankrupt.
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