[ad_1]
Information that well-known expertise 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.
Nonetheless, with the deal shifting ahead as soon as once more at a hard and fast value, we are able to now evaluate Musk’s buy with information from different social media firms, successfully permitting us to see how costly — or not — the transaction will show.
The Alternate explores startups, markets and cash.
Learn it each morning on TechCrunch+ or get The Alternate publication each Saturday.
Naturally, we all know the greenback worth of the deal; the $44 billion price ticket has been bandied about for therefore lengthy that everybody ought to be capable to recite the determine of their sleep. After we say costly, nonetheless, we imply relative value in distinction to the values of associated entities. So we’ve dredged up pre-market information from Twitter, Snap,and Meta, parsing quite a lot of key metrics from their respective valuations.
Is Musk paying loads for Twitter, by way of what rival firms are price? I believe you already know the reply, at the least partially, however let’s do the mathematics.
Right here’s what occurs when you pressure an organization to just accept your bid after which later have to shut the deal after the inventory market has offered off.
Source link
