Twitter Is Worth Just One-Third Of What Elon Musk And Co-Investors Paid For It In 2022, According To New Fidelity Report

Twitter Is Worth Just One-Third Of What Elon Musk And Co-Investors Paid For It In 2022, According To New Fidelity Report

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is worth only about one-third of what Elon Musk and 19 co-investors paid to acquire it last fall, according to a new disclosure by one of its investors. Fidelity, which helped back the $44 billion takeover led by Musk, has marked down its investment numerous times in the intervening months. A…

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