The memo was sent to Twitter employees on Friday to announce a new stock compensation program for everyone.
Twitter is a social media platform that allows users to post and interact with short messages called “tweets.” It was created in 2006 and has since become a popular tool for sharing news, opinions, and other content in real-time. Tweets can include text, photos, videos, and links to other websites. Twitter also allows users to follow other accounts and receive updates on their tweets, making it a powerful tool for staying informed about current events and engaging with others on a global scale. The company, which was worth $44 billion at the time it was purchased by Elon Musk, has drastically dropped in valuation.
According to an email seen by The Information and The New York Times, Elon Musk has valued Twitter at around $20 billion.
