Elon Musk has lost Twitter over $30 billion in less than a year

Elon Musk has lost Twitter over $30 billion in less than a year 3

Twitter has not been Elon Musk’s finest purchasing choice so far. He bought the platform for $44bn back in October 2022, and now one of the last remaining investors in the social platform has confirmed that the company has lost around two-thirds of its original value.

The Guardian reports that Fidelity, an investment company that holds a stake in Twitter, has confirmed that its initial $20m investment is now only worth $6.6m. That puts Twitter’s total value at around $14.75bn – an incredible $30bn loss in the space of only nine months.

Where’s it all gone?

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