In what year will X be worth more than what Elon acquired Twitter for?
16
1kṀ7472030
4%
2023
6%
2024
25%
2025
23%
2030
42%
N/A (it won’t)
Elon finished his aqquisition of Twitter in Oct. 2022 https://en.m.wikipedia.org/wiki/Acquisition_of_Twitter_by_Elon_Musk
The buyout offer was for $44b. May 2023 Fidelity valued Twitter at $15b https://www.hindustantimes.com/world-news/twitters-value-plummets-by-two-thirds-musks-costly-acquisition-takes-a-hit-report-101685534330944-amp.html
Twitter is now being rebranded to X with the goal of "adding comprehensive communications and financial applications" https://www.cnbc.com/amp/2023/07/25/musk-explains-why-hes-rebranding-twitter-to-x.html
Will it ever be worth more than the buyout?
EDIT: Nominal value will be taken and years rounded.
This question is managed and resolved by Manifold.
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