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Twitter may be worth one-third what Musk paid for it last fall as Fidelity marks down investment

Por: Associated Press Tech May 31, 2023

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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 Twitter for a third time, now putting it at $6.55 billion. That’s down from the nearly $20 billion Fidelity valued its stake at in October. It is unclear how Fidelity came up with its valuation figures, but as a public company it’s required to... + full article



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