Twitter
Twitter may be worth a third of what Musk paid for it last year, figures show
Because Twitter is a private company now called X Holdings, information about its finances cannot be verified
Twitter may now be worth one third of what Elon Musk paid for the social media platform just seven months ago, new figures show.
Financial services company Fidelity has reduced the market value of its equity stake in Twitter for a third time, now putting it at $6.55 million (£5.28 million). That is down from the nearly $20 million (£16.14 million) Fidelity valued its stake at in October.
It is unclear how Fidelity came up ...