Twitter is now worth just $20 billion, half the price bought by Elon Musk

Like SpaceX, Twitter will periodically hold liquidity events so people can sell. Additionally, Musk reportedly wrote that he viewed Twitter as a “reverse start” due to the whirlwind of “necessary” changes he made to the platform to save it from bankruptcy.

In the second quarter of 2022, the most recent period for which this data is available, ads accounted for 91% of Twitter’s revenue. Since Twitter is no longer a public company, Musk no longer has to publish his financial data. We estimate ad revenues have dropped significantly as many advertisers have already abandoned ship. It remains to see if there is a new Twitter Blue subscription that allows you to be certified on the platform. whether it will be enough to quickly recover the crates.

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