Elon Musk Revives Old Banking Dream in Pursuing $250 Billion Twitter Valuation

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Elon Musk Revives Old Banking Dream in Pursuing $250 Billion Twitter Valuation
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In offering up a lofty goal of a $250 billion valuation, Twitter’s new owner is returning to the digital-payments playbook from PayPal’s early days

Illustration: Preston JesseeBehind Elon Musk’s gamble to turn Twitter Inc. into a company worth more than $250 billion is a beloved idea he has hung on to for more than two decades: digital banking.

in dribs and drabs about what Twitter 2.0 might ultimately look like under his control. But late last week, he gave employees a taste of how grandiose his plans are, telling them he envisions Twitter being worth more than 10 times its

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