This amount is under half what Musk purchased the social media giant for
Twitter CEO Elon Musk has offered employees stock grants worth nearly $20 billion.
The valuation is less than half of what Musk paid to buy the social media giant late last year.
Employees will start receiving their shares over the next six months, and will need to hold them for approximately a year before they can start to sell them on the stock market.
Musk revealed a few weeks ago that Twitter was on track to roughly be at cash flow break even later in the year, as advertisers start returning to the platform.
Musk has also laid off approximately 70 per cent of staff at the social media giant.
