X Valuation Plummets to $19 Billion from $44 Billion in a Year

Name: X Valuation Plummets to $19 Billion from $44 Billion in a Year
Uploaded: 2023-01-01T00:00:00+00:00
Duration: 2 min
Description: Published On: November 01, 2023 - The valuation of 'X,' formerly known as Twitter, has been marked down from $44 billion to $19 billion. As the platform undergoes devaluation, the personal net worth of Musk has also declined. Elon Musk had purchased the application last year, in October 2022. He aspires to make 'X a multi-utility app or a super app.

2023 • 2min • News • Business

Informative

Published On: November 01, 2023 - The valuation of 'X,' formerly known as Twitter, has been marked down from $44 billion to $19 billion. As the platform undergoes devaluation, the personal net worth of Musk has also declined. Elon Musk had purchased the application last year, in October 2022. He aspires to make 'X a multi-utility app or a super app.