By Jake Perez, Editor at LinkedIn News — Twitter CEO Elon Musk is offering employees stock grants based on a $20 billion valuation, less than half of the $44 billion Musk paid for the company last year. In an email to staff, Musk said Twitter should be considered “an inverse startup” as the company sheds staff — down from 7,500 to about 2,000 now — and rebuilds by diversifying into new advertising and subscription revenue streams. Ultimately, Musk expects the stock grants to pay off handsomely, adding that he sees “a clear, but difficult, path to a >$250B valuation.