Key Highlights :
1. Elon Musk has finally broken his silence on giving stock awards to employees, saying that they will get stock awards based on a roughly $20 billion valuation.
2. Despite Elon Musk’s efforts to monetise Twitter, the micro-blogging platform reported a massive 40 per cent drop in revenue and adjusted earnings for December 2022.
3. Twitter spent nearly $630 million on stock-based compensation in 2021.
Twitter is spending a lot of money on stock-based compensation and it’s not really working out.
Twitter is spending a lot of money on stock-based compensation and it’s not really working out.
Elon Musk will give Twitter workers stock awards based on $20 billion valuation
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