Twitter now worth just a third of what Musk paid for it
Is he out of touch? No, must be the employees, users, advertisers, regulators, creditors…
Twitter’s value continues to decline. Investment firm Fidelity reports that its stake in the bird site has lost value for the third time since Elon Musk took over last October. By Fidelity’s account, the company is now worth just a third of the $44 billion Musk paid for it.…
Author: Brandon Vigliarolo. [Source Link (*), The Register]