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Twitter is now worth 33% of what Elon Musk paid

Shortpedia

Content Team
Image Credit: thedailybeast

When Elon Musk spent $44 billion to acquire Twitter last October, many estimated that to be way too much money. Twitter's journey so far has justified that belief. Now, according to financial services giant Fidelity, the microblogging platform is only worth 33% of what Musk paid. The Musk juggernaut that has reaped success at Tesla and SpaceX has failed to make an impact at Twitter. In fact, it seems to have had the opposite effect on it.