Google Bard predicts X (Twitter) stock price if it becomes public again
The post Google Bard predicts X (Twitter) stock price if it becomes public again appeared on BitcoinEthereumNews.com. A recent announcement made by X (formerly Twitter) on October 17 sparked debates about the future of the company, as new users registered to the platform will need to pay a yearly subscription plan of $1 to complete registration. This new controversial decision is one of many changes X has gone through since Elon Musk acquired the previously publicly traded company in 2022 and made it private. During Twitter’s acquisition dispute in May 2022, Musk mentioned plans to “take Twitter public again later”, as reported by the Wall Street Journal. Considering Twitter was bought for $44 billion, at approximately $55 per share, Finbold turned to Google Bard’s artificial intelligence (AI) to gather insights on what would be the estimated value for a hypothetical Initial Public Offering (IPO) of the now-called X Corp., driven by the CEO Linda Yaccarino. “If an IPO of X (Twitter) were to happen now, I would estimate that the price per share would be in the range of $55-$65. This would represent a premium of 0%-20% over the price that Musk paid for the company.” — Google Bard Google Bard’s final answer to X Corp IPO prediction. Source: Finbold It is important to say that the AI had previously priced a new Twitter IPO in between $45-$55 per share, but it was considering outdated information on Twitter stock prices. These were later corrected in a following prompt, which retrieved the final prediction. Analyzing X Corp.’s hypothetical IPO According to the AI, there are a few reasons why the value of X Corp. would increase in the open market under the new management. “First, Musk is a well-respected businessman with a track record of success. He has built several successful companies, including Tesla and SpaceX. Investors may be more willing to invest in Twitter if they believe…
The post Google Bard predicts X (Twitter) stock price if it becomes public again appeared on BitcoinEthereumNews.com.
A recent announcement made by X (formerly Twitter) on October 17 sparked debates about the future of the company, as new users registered to the platform will need to pay a yearly subscription plan of $1 to complete registration. This new controversial decision is one of many changes X has gone through since Elon Musk acquired the previously publicly traded company in 2022 and made it private. During Twitter’s acquisition dispute in May 2022, Musk mentioned plans to “take Twitter public again later”, as reported by the Wall Street Journal. Considering Twitter was bought for $44 billion, at approximately $55 per share, Finbold turned to Google Bard’s artificial intelligence (AI) to gather insights on what would be the estimated value for a hypothetical Initial Public Offering (IPO) of the now-called X Corp., driven by the CEO Linda Yaccarino. “If an IPO of X (Twitter) were to happen now, I would estimate that the price per share would be in the range of $55-$65. This would represent a premium of 0%-20% over the price that Musk paid for the company.” — Google Bard Google Bard’s final answer to X Corp IPO prediction. Source: Finbold It is important to say that the AI had previously priced a new Twitter IPO in between $45-$55 per share, but it was considering outdated information on Twitter stock prices. These were later corrected in a following prompt, which retrieved the final prediction. Analyzing X Corp.’s hypothetical IPO According to the AI, there are a few reasons why the value of X Corp. would increase in the open market under the new management. “First, Musk is a well-respected businessman with a track record of success. He has built several successful companies, including Tesla and SpaceX. Investors may be more willing to invest in Twitter if they believe…
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