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Topline
Social media company X internally valued itself at $19 billion as of Monday, multiple news organizations reported, a 55% drop from what Elon Musk paid for the company last October—following a year of sweeping change and revenue struggles at the company formerly known as Twitter.
Key Facts
The company handed out stock grants to employees that showed X was worth about $19 billion, according to the New York Times, citing internal documents.
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