The value of Elon Musk's Company X has been revealed

November 01, 2023 | 09:59 |5086

According to the well-known American business magazine Fortune, the value of technology company X, owned by businessman Elon Musk, is estimated at $19 billion based on the company's employee compensation plan.

The prize is awarded in the form of the right to receive shares with a limited right of disposal. The cost of one share is $ 45.

It should be noted that in March, the company's employees were offered shares worth a total of $ 20 billion.

Company X Corp. It was founded by Elon Musk on March 9, 2023 and replaced Twitter.

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