Elon Musk said he recently valued Twitter and it was worth less than half of what he paid for the social media platform.
On Monday night, Musk's comments were made public in a Fox News interview with Tucker Carlson.
The Twitter owner, however, said he recently valued the platform at less than half of the acquisition price.
In October last year, Musk acquired Twitter, which was valued at $4.4 billion, for an acquisition worth $54 billion.
Banks that lent $1.3 billion to buy Twitter were reportedly planning to book losses in December.
The largest part of the debt, or about $10 billion, is backed by Twitter's assets and may have to be written down by nearly 20%.
In March, Tesla offered new equity grants to Twitter employees. The funds came with a valuation of nearly $20 billion.
My view is a clear, but difficult, path to a $250 B valuation, meaning stock granted now would be worth ten times more. As Twitter enters crypto, Musk continues to sit on three CEO chairs.