In a Twitter Spaces on Monday, Musk admitted to the company's severe financial challenges. “Half of our advertising ...
Twitter owner Elon Musk has conceded in a Twitter Space that company revenue has been cut nearly in half since he took ...
Twitter has not been Elon Musk's finest purchasing choice so far. He bought the platform for $44bn back in October 2022, and ...
Twitter's value has reportedly dropped to about $15 billion, slightly more than one-third of the $44 billion that Elon Musk ...
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.
How much is Twitter worth? One-third of what Elon Musk paid for the social media platform, according to Fidelity, which ...
RFK Jr. also laid the blame for the massive increase in mass shootings not on guns, but on pharmaceutical companies for ...
Twitter is now worth 33 percent of what Elon Musk paid for it, according to an investment firm that helped finance the deal. Credit: Jaap Arriens/NurPhoto via Ever since Elon Musk acquired Twitter ...
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 ...
"The boat anchor called Twitter is loosened from Musk's ankle. Now he can get back to spending more time creating value at Tesla," said Craig Irwin, analyst at Roth MKM. Musk has long said he ...
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 ...
