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 ...
How much is Twitter worth? One-third of what Elon Musk paid for the social media platform, according to Fidelity, which ...
Twitter may now be worth one-third of what Elon Musk paid for the social media platform just seven months ago. Financial ...
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 ...
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 ...
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.
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’s platform is expanding Community Notes to images shared in tweets. The feature essentially puts an explanatory ...
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, ...
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 ...