Elon Musk Paid High Price For Twitter But After Years Of Declining Value, X Is Once Again Worth $44 Billion
Billionaire Elon Musk paid $44 billion to acquire social media platform Twitter, which he later rebranded to X. The valuation of the platform has declined sharply since the 2022 purchase with Fidelity marking the value down by 72% as of December.
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Iconic Logo Auction: Twitter's blue bird gets a new owner, how much was the deal for?Even today, many people know Twitter by the name of the blue bird. But since Elon Musk took over this social media platform, ...
Tesla, Inc. shares drop over 50%, but Elon Musk's minimal borrowing and lack of a $12.5B loan debunk margin call fears. Click ...
Social media site X’s valuation has bounced back to $44 billion, according to a new report from the Financial Times.
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Just last fall, an investment firm estimated that its shares in the site had plunged nearly 80 percent in value —placing the ...
X has raised close to $1 billion in new equity from investors in a deal that values the company at roughly $32 billion — a ...
“Character Limit” provides a very detailed account of Musk’s acquisition and operation of Twitter, which he changed to X, ...
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Elon Musk flogs Twitter's old bird logo as mystery buyer stumps up huge amountThe 12ft iconic Twitter logo has sold for nearly $35,000 dollars – £27,132 – at auction, but the buyer has remained a mystery ...
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