Twitter's value has reportedly dropped to about $15 billion, slightly more than one-third of the $44 billion that Elon Musk ...
Twitter’s value has tanked since Elon Musk took over six months ago, with the company now worth just one-third what he ...
In March, Musk appeared to acknowledge a substantial drop in Twitter's value when he offered stock grants to staff that ...
A monthly report of portfolio evaluations from Fidelity reflected the downgrade. Fidelity owned a $20 million stake in ...
Given this new Fidelity move, Musk's Twitter valuation is now just $14.41 billion. Basically, the firm lost $29.6 billion in market value in seven months. Asked for comment, Twitter responded with a ...
Twitter may now be worth one-third of what Elon Musk paid for the social media platform just seven months ago. Financial services company Fidelity has reduced the market value of its equity stake in ...
Elon Musk said that Twitter was starting to hire new workers again after slashing its headcount to around 1,500.
A Fidelity fund has slashed its estimate of Twitter’s value amid ongoing chaos at the company, implying the social media platform may be worth only a third of its value compared to when Elon Musk ...
The update comes on the heels of several AI-generated images that gained notoriety — remember Balenciaga pope?
Elon Musk was accused of cheating shareholders by belatedly disclosing his Twitter stake, but the judge said the plaintiff's ...
Twitter is now worth 33 percent of what Elon Musk paid for it, according to an investment firm that helped finance the deal.
Elon Musk closed on a deal to purchase Twitter for a whopping $44 billion. At the time, it was a price-tag that many ...