So, this can be the perfect time to publish this, or the worst, given the broader state of play with the U.S. Election.
Although both means, the findings, a minimum of at this stage, will primarily be the identical, in that Elon Musk’s buy of Twitter, and conversion of the platform into X, has been a catastrophe for the corporate’s worth, eroding his personal $44 funding within the app.
However how a lot has Twitter/X’s worth truly declined? The staff from Visible Capitalist have put collectively this easy overview of X’s declining valuation, primarily based on evaluation from Model Finance.
Observe: If you dump a model as recognizable as Twitter was, it may harm your valuation.
To be clear, an organization’s model worth and its buy value might be totally different, as you’re additionally factoring in income over time, along with mentioned worth. So this isn’t to say that X is critical now value lower than a billion. However on the identical time, it’s in all probability not value much more at this stage.
Take a look at the visualization beneath.
