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 ...
Elon Musk bought Twitter with much hullabaloo in 2022, paying USD 44 billion to complete the purchase of the social media ...
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 ...
One of the most well-known figures in the world and the most followed person on Twitter has regained the title of world’s richest person. Here’s a look at how the wealth of Elon Musk breaks down and ...
Elon Musk’s platform is expanding Community Notes to images shared in tweets. The feature essentially puts an explanatory note next ... Earlier on Wednesday, it was revealed that Twitter’s financial ...
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, ...
Reddit is a goldmine for companies in need of AI training data. That has led to a scenario in which small-time apps like Apollo are unable to survive.
Twitter is now worth 33 percent of what Elon Musk paid for it, according to an investment firm that helped finance the deal.