“I see a clear but difficult path to a valuation of more than $250 billion, which means that the shares granted would now be worth 10 times as much,” Musk said in the email, expressing optimism about the future of the platform.
Elon has justified the fatal valuation by the financial complications by the complications that have gone through being on the brink of bankruptcy, according to his estimates. “Twitter was destined to lose 3 billion dollars a year,” he wrote in the message posted on the platform. It should be noted that previously, the businessman had mentioned that Twitter was on the verge of bankruptcy, as it lost a large number of advertisers, in addition to the fact that its subscription models have not sufficiently convinced users, according to The Information, there were some 180,000 subscribers to Twitter Blue in the United States at the beginning of February, a figure well below Musk’s goals. In addition, it is likely that the businessman has acquired Twitter for a much higher value than his real estimate.
Despite this, Elon maintains a good optimism since he has the idea that Twitter could appreciate and multiply its value by more than ten. He is clear that it will be “a difficult road” because “Twitter is being rapidly restructured.”
According to him, Twitter It could be worth $250 billion. It will also allow its workers to sell shares every six months.