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.
The billionaire acquired the microblogging website for $44 billion in late October. He himself admits having overpaid.
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 ...
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 ...
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, ...
Donald Trump knew that he couldn’t declassify documents—and now the special counsel investigating him over it has a recording of the former president admitting as much. Federal prosecutors for Jack ...
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 ...
