Twitter's valuation has been slashed by 47% at Ark Invest since Elon Musk took over

mastermind@lemm.ee to Technology@lemmy.world – 444 points –
Twitter's valuation has been slashed by 47% at Ark Invest since Elon Musk took over
markets.businessinsider.com
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Musk is the CEO of a publicly traded company (Tesla) and the CEO of a company that just recently sold shares on the secondary market (SpaceX). The valuation of these companies is wrapped up in market sentiment about Elon Musk.

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