The billionaire acquired the microblogging website for $44 billion in late October. He himself admits having overpaid.
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.
So spare a thought for Tesla CEO Elon Musk as he reflects on his $44 billion purchase of Twitter. Already a subscriber? Sign ...
"That is down from about $19.7 million at the end of October, shortly after Musk's takeover, and the third time Fidelity has ...
Twitter is now worth 33 percent of what Elon Musk paid for it, according to an investment firm that helped finance the deal.
A report by Fidelity revealed that Twitter is now only one-third of the value that Elon Musk bought it for. Elon Musk bought ...
A monthly report of portfolio evaluations from Fidelity reflected the downgrade. Fidelity owned a $20 million stake in ...
Twitter is testing its Community Notes feature for images, as well as videos. This is part of Twitter 's attempt to curb ...
Elon Musk’s platform is expanding Community Notes to images shared in tweets. The feature essentially puts an explanatory note next ... Earlier on Wednesday, it was revealed that Twitter’s financial ...
Insider's Phil Rosen sits down with top money manager Ross Gerber, who explains why the future of Tesla looks promising.
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, ...
Reddit is a goldmine for companies in need of AI training data. That has led to a scenario in which small-time apps like Apollo are unable to survive.
