X says it is worth $19 billion, down from $44 billion last year
Wednesday, 1 November 2023 X, formerly known as Twitter, has given stock grants to employees showing its worth at $19 billion, down 55% from the $44 billion Elon Musk paid to buy the company. Musk believes he overpaid for the social network and has made significant changes since owning it, including overhauling the firm, changing the verification process and content-moderation rules, and loading the company with debt. Despite the drop in value, Musk remains optimistic about X's potential and has plans to expand its features.
GM Outlines , $10 Billion Stock Buyback.
On Nov. 29, General Motors (GM) said that the recent UAW strike deal will cost the company $9.3 billion. .
The company also said it would initiate $10..
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The Billion Dollar Goal Trailer HD - Plot Synopsis: THE BILLION DOLLAR GOAL traces the extraordinary evolution of soccer in the United States, from its beginnings as an immigrant’s game to the..
India is set to acquire its second indigenous aircraft carrier, worth around $4.8 billion, to counter China's naval presence in the Indian Ocean region. The... IndiaTimes