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

2023 • 2min • News • Business


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.