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Information that well-known know-how denizen Elon Musk intends to maneuver ahead together with his proposed and accepted bid to buy social media firm Twitter was shock information this week; Musk had fought in courtroom towards having to shut the deal, arguing varied points with the corporate to keep away from paying $54.20 per share for the previous startup darling.
Nevertheless, with the deal transferring ahead as soon as once more at a set worth, we are able to now evaluate Musk’s buy with knowledge from different social media firms, successfully permitting us to see how costly — or not — the transaction will show.
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Naturally, we all know the greenback worth of the deal; the $44 billion price ticket has been bandied about for thus lengthy that everybody ought to have the ability to recite the determine of their sleep. After we say costly, nevertheless, we imply relative price in distinction to the values of associated entities. So we’ve dredged up pre-market knowledge from Twitter, Snap,and Meta, parsing a lot of key metrics from their respective valuations.
Is Musk paying so much for Twitter, by way of what rival firms are value? I think you already know the reply, a minimum of partly, however let’s do the mathematics.
Right here’s what occurs if you happen to drive an organization to simply accept your bid after which later have to shut the deal after the inventory market has bought off.
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