Twitter is now worth just 33% of Elon Musk’s purchase price, Fidelity says

Twitter is now worth just 33% of Elon Musk’s purchase price, Fidelity says

a year ago
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https://www.siliconvalley.com/2023/05/31/twitter-is-now-worth-just-33-of-elon-musks-purchase-price-fidelity-says/

By Aisha Counts and Tom Maloney | Bloomberg

Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity, which recently marked down the value of its equity stake in the company.