Twitter Is Now Worth a Third What Elon Musk Paid For It ...Middle East

Twitter’s value has tanked since Elon Musk took over six months ago, with the company now worth just one-third what he originally paid for it.Musk paid $44 billion for the social media platform in October, an amount he raised with the help of 19 outside investors, which included Fidelity Investors. The company released its monthly disclosure of portfolio valuations on Tuesday, which revealed just how far Twitter has fallen.Twitter, under its new name X Holdings Corp., was worth just $6.5 million at the end of April, a 66 percent drop from when Musk first took the reins. This is the second time that Fidelity recorded a decrease in Twitter’s value. Just a month after Musk bought it, Twitter’s

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