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Twitter is now worth just 33% of Elon Musk’s purchase price, Fidelity says

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Elon Musk launched a Twitter attack on George Soros days after the financier disclosed having sold off a modest stake in Tesla. (Mike Blake/Reuters/FILE via CNN)

Twitter has struggled financially since Musk took over. After saddling the company with $13 billion of debt, Musk’s erratic decision making and challenges with content moderation led advertising revenue to decline by 50%.


Originally published at Bloomberg
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