Why X’s Valuation Dropped Under Elon Musk
Elon Musk bought the microblogging site for $44 billion in 2022. Billionaire Elon Musk’s platform X, which was formerly known as Twitter, is now valued at less than half of what he purchased it for, a year ago. Mr Musk has earlier acknowledged that he had overpaid for Twitter, which he bought for $44 billion,…