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Musk pushes subscriptions as Twitter's ship takes on more water

Twitter's ship has not capsized as many feared it might when Elon Musk took its helm five months ago. Instead, it has wandered off course, sprung leaks, and cast much of its crew adrift — driving many passengers to the life rafts.

Driving the news: In a recent stock-option offering to employees, Musk reportedly valued the company at $20 billion — less than half the full $44 billion price tag for his acquisition.


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