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Fidelity: Twitter is Now Only Worth a Third of What Elon Musk Paid for It

Posted on May 30, 2023

Last October, Elon Musk closed on a deal to purchase Twitter for a whopping $44 billion. At the time, it was a price-tag that many estimated to be way too much money. Musk, himself, admitted that he and his co-investors may have overpaid for the social media platform. Nevertheless, he soldiered on with the…

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