31.10.2023, 07:32
The cost of Elon Musk's company X is named
Source: OREANDA-NEWS
OREANDA-NEWS Company X (formerly Twitter), which owns the social network of the same name and owned by American businessman Elon Musk, is estimated at $ 19 million. This cost is called Fortune magazine with reference to sources.
"Company X, formerly Twitter, is now valued at $19 billion, based on the company's employee compensation plan," the material says.
The total figure is calculated based on the cost of one share allocated to an employee. The Company gives employees the opportunity to receive shares with a limited right of disposal as remuneration. The cost of one security is $45.
In March, according to the publication, X offered employees shares worth a total of $ 20 billion.
Earlier, the Business Insider portal reported that Elon Musk plans to transform the social network X into a dating site and even a digital bank.
"Company X, formerly Twitter, is now valued at $19 billion, based on the company's employee compensation plan," the material says.
The total figure is calculated based on the cost of one share allocated to an employee. The Company gives employees the opportunity to receive shares with a limited right of disposal as remuneration. The cost of one security is $45.
In March, according to the publication, X offered employees shares worth a total of $ 20 billion.
Earlier, the Business Insider portal reported that Elon Musk plans to transform the social network X into a dating site and even a digital bank.
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