Twitter Down 33 Percent under Elon Musk

An episode of the Elon Musk Podcast podcast, hosted by Stage Zero, titled "Twitter Down 33 Percent under Elon Musk" was published on June 2, 2023 and runs 7 minutes.

June 2, 2023 ·7m · Elon Musk Podcast

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Summary

Twitter, the renowned social-media platform, once considered the heartbeat of the digital world, has experienced a steep downfall in value. Purchased by Elon Musk, the techno-entrepreneur and CEO of SpaceX and Tesla, the platform's value has plummeted to one-third of the acquisition price, as revealed by Fidelity's recent markdown of its equity stake in Twitter.

Episode Description

Twitter, the renowned social-media platform, once considered the heartbeat of the digital world, has experienced a steep downfall in value. Purchased by Elon Musk, the techno-entrepreneur and CEO of SpaceX and Tesla, the platform's value has plummeted to one-third of the acquisition price, as revealed by Fidelity's recent markdown of its equity stake in Twitter.

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