Birdwatch Note Rating
2022-11-03 14:55:45 UTC - HELPFUL
Rated by Participant: 2A3918A90E127034A8A454B575FDEDBF2842509B3C5AA6F270BA92B5050F4B68
Participant Details
Original Note:
Elon Musk did not get what he paid for. Twitter's market capitalization in March 2022 was about $27 billion dollars. https://companiesmarketcap.com/twitter/marketcap/ Some analysts considered that excessive. https://fortune.com/2022/05/21/new-twitter-filing-shows-what-it-would-be-worth-without-elon-musk-and-the-number-wont-make-investors-happy/ In April 2022, Musk began purchasing twitter stock, ultimately purchasing the company for $44 billion. https://en.wikipedia.org/wiki/Acquisition_of_Twitter_by_Elon_Musk
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