Elon Musk told Twitter employees that the company is now worth about $20 billion, less than half the amount he paid for it.The New York Times reported that Musk provided the $20 billion figure in an email sent to staff on Friday to announce a new stock compensation program."According to Mr. Musk's email about the new stock compensation program, Twitter employees will receive stock in X Corporation, the holding company he used to buy the company.
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