Steve HermanMay 30, 2023
#Twitter now worth just 1/3 of Musk's purchase price, according to Fidelity. https://www.bloomberg.com/news/articles/2023-05-30/twitter-is-worth-33-of-musk-s-purchase-price-fidelity-says
Twitter Worth Only Third of Elon Musk's Purchase: Fidelity

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.

Bloomberg
Show threadErin ConroyMay 30, 2023

@w7voa

Twitter may have lost market value, but since he took it over, Elon Musk’s wealth is up about $45 billion, largely due to increases in Tesla stock (the same stock he was prosecuted by the SEC for…using Twitter to illegally manipulate its prices).

Show threadWSHuff
@chargrille @w7voa What a world. Rewarded for incompetence. I need one of those jobs. I could be as incompetent as the best of them.
May 31, 2023 at 11:52amWeb