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.
"That is down from about $19.7 million at the end of October, shortly after Musk's takeover, and the third time Fidelity has ...
So spare a thought for Tesla CEO Elon Musk as he reflects on his $44 billion purchase of Twitter. Already a subscriber? Sign ...
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 ...
Twitter is now worth only $15 billion, nearly a third of the $44 billion that Elon Musk paid for the platform in 2022, according to Fidelity. The asset manager, which owns an equi ...
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