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X says it is worth $19 billion, down from $44 billion last year (www.nytimes.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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X says it is worth $19 billion, down from $44 billion last year::The social media company’s valuation was disclosed in the paperwork for stock grants that it handed to employees on Monday.

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[-] Nastybutler@lemmy.world 35 points 1 year ago

He called it an "inverse startup". So, a shut down?

[-] Asudox@lemmy.world 1 points 1 year ago

yes

this post was submitted on 06 Nov 2023

196 points (90.5% liked)

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