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Twitter's value plummets, down 71.5% since Elon Musk's purchase

Twitter's value takes a nosedive, with shares worth 71.5% less than when Elon Musk bought it.

Breaking News: Twitter's Value Plummets Further, Fidelity Estimates 71.5% Decrease from Elon Musk's Purchase

In a turn of events that has left investors and tech enthusiasts alike scratching their heads, investment company Fidelity has revealed that the value of social media giant Twitter, known as platform X in this context, has plummeted by a staggering 71.5% since its acquisition by Elon Musk in 2022. This comes as a blow to both Musk and other shareholders who were hopeful for a turnaround of the struggling platform.

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