“The most recent stock refresh for X employees was in October 2023, valuing the company at $19 billion — significantly less than the $44 billion Musk paid for it.” Trying to deal with this mistake?
This whole spectacle has got to be one of the better examples of "be careful what you wish for" I've ever seen. Between Musk's bravado and running his mouth, and the absolute salivating that his detractors were doing when the courts were deciding whether to force the purchase or not, the end result everyone thought they were wishing for was probably a lot rosier than the actual result. I'm pretty sure the only people who have actually gained anything from this entire farce were the previous owners. Everyone else, from the current owners and investors, to the users, to the rest of us that have to live in a world where Twitter/X continues to be relevant, have pretty much been made worse off by the whole thing.