On Wednesday, Musk changed his Twitter bio to "Chief Twit" shortly before walking into Twitter's San Francisco headquarters carrying a porcelain sink. "Let that sink in," he tweeted.
Musk has acknowledged he overpaid for Twitter.
"The $44 billion price tag for Twitter will go down as one of the most overpaid tech acquisitions in the history of M&A deals on the Street in our opinion," Wedbush Securities analyst Daniel Ives wrote in a research note Thursday. He put the value of Twitter at closer to $25 billion.
"Although obviously myself and other investors are overpaying for Twitter right now," Musk recently said, "the long-term potential for Twitter is an order of magnitude higher than its current value."
With the deal completed, Twitter is once again a private company. Its shares stopped trading nearly nine years after it went public under the symbol TWTR on the New York Stock Exchange.
