Columnist Estimates X Worth Only $8B – That’s $36B Less Than Musk Paid For It

Social media platform X, formerly known as Twitter, could be worth some $36 billion less than what Elon Musk paid for it a year ago, according to one rough estimate.
Reuters media columnist Jennifer Saba estimated the company’s valuation at $8 billion this week, based on Musk’s public statements that advertising revenue has fallen by half since he took it private.
That is less than the $13 billion in debt that X owes creditors, and far less than the $44 billion that Mush paid for the company last October.