Twitter worth just one-third of what Musk paid last year

Investor says social media firm now worth $15 billion

clock • 2 min read
Twitter's current worth just one-third of the price Elon Musk paid for it last year, investor says
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Twitter's current worth just one-third of the price Elon Musk paid for it last year, investor says

Financial services giant Fidelity says Twitter is now valued at just one-third of the $44 billion that Elon Musk and co-investors had paid for it last year.

Fidelity recently marked down the value of its equity stake in the social media firm, resulting in a new valuation for Twitter of approximately $15 billion (£12 billion). Fidelity, along with ot...

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