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According to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billion
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Facts.
Elon tried so hard to back down from that deal. I'm not sure why it took actually signing that deal to realize he had been hosed.
If I was an executive at twitter, I would have absolutely done everything possible to get Elon to pay that $44 billion.