The billionaire acquired the microblogging website for $44 billion in late October. He himself admits having overpaid.
Twitter's value has reportedly dropped to about $15 billion, slightly more than one-third of the $44 billion that Elon Musk ...
Twitter may now be worth one-third of what Elon Musk paid for the social media platform just seven months ago. Financial services company Fidelity has reduced the market value of its equity stake in ...
Twitter is now worth 33 percent of what Elon Musk paid for it, according to an investment firm that helped finance the deal.
A monthly report of portfolio evaluations from Fidelity reflected the downgrade. Fidelity owned a $20 million stake in ...
Some investors in Tesla, where Musk is also the CEO, have urged him to step back from Twitter. The electric car maker's shares slumped last year, costing the company $700 billion in market value.
Shares of Tesla rallied as much as 4% after Musk tweeted Thursday afternoon he found a replacement to become Twitter’s CEO, adding about $15 billion in market value as Musk freed up time to ...
Elon Musk’s platform is expanding Community Notes to images shared in tweets. The feature essentially puts an explanatory ...
Musk pocketed the company for a cool $44 billion, but in less than a year, the value of Twitter has come crashing down to about $20 billion. The most controversial move has been the Twitter Blue ...
Elon Musk pledged Twitter would abide by Europe's new content rules — but Yevgeniy Golovchenko is not so convinced. The Ukrainian academic, an assistant professor at the University of Copenhagen, ...
Why share it when people who buy Tesla's may not agree with you, advertisers on Twitter may not agree with you, why share it ...
In just six months since Elon Musk paid $44 billion to purchase Twitter in October last year, the company’s value has plunged by nearly two thirds. Fidelity Investments was among the group of 19 ...
