Srinagar, March 26 -- San Francisco, March 26 () Elon Musk has finally broken his silence on giving stock awards to employees, saying that they will get stock awards based on a roughly $20 billion valuation.

It is less than half of $44 billion for which Musk acquired the micro-blogging platform, reports The Wall Street Journal.

"I see a clear, but difficult, path to a >$250B valuation," he told employees in an email.

He said that Twitter is being reshaped so that the company "can be thought of as an inverse startup."

In a separate email, Twitter told employees it is offering new equity grants to staff that will start to vest after six months.

In about a year, the company will offer a liquidity event in which they can cash out some of...