The Numbers Behind X’s Shrinking Valuation

What we’re showing

This chart shows the year-over-year change in traffic at X (formerly Twitter) across various markets and platforms.

Context

• On Oct. 30, Fortune reported that X was offering employees an equity compensation plan for restricted shares at $45 each.
• This would mean the company is valued at $19 billion, down 56% from the $44 billion Musk acquired it for.