Twitter is continuing to plummet in value under Elon Musk's leadership, according to financial services corporation, Fidelity ...
Twitter’s value has tanked since Elon Musk took over six months ago, with the company now worth just one-third what he ...
The billionaire acquired the microblogging website for $44 billion in late October. He himself admits having overpaid.
A financial filing from Fidelity, which helped Elon Musk's investor group take over Twitter, reveals its valuation of Twitter is just one-third of the $44 billion it paid.
"That is down from about $19.7 million at the end of October, shortly after Musk's takeover, and the third time Fidelity has ...
So spare a thought for Tesla CEO Elon Musk as he reflects on his $44 billion purchase of Twitter. Already a subscriber? Sign ...
Twitter may now be worth one-third of what Elon Musk paid for the social media platform just seven months ago. Financial ...
A monthly report of portfolio evaluations from Fidelity reflected the downgrade. Fidelity owned a $20 million stake in ...
Elon Musk said that Twitter was starting to hire new workers again after slashing its headcount to around 1,500.
Twitter is now worth 33 percent of what Elon Musk paid for it, according to an investment firm that helped finance the deal.
Elon Musk bought Twitter with much hullabaloo in 2022, paying USD 44 billion to complete the purchase of the social media ...
Elon Musk closed on a deal to purchase Twitter for a whopping $44 billion. At the time, it was a price-tag that many ...