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Sunday, May 26, 2024

Twitter is now worth one-third what Elon Musk paid

Twitter’s new valuation comes from Fidelity, which has a stake in Musk’s company. Ever since Elon Musk acquired Twitter for $44 billion last year, it’s been a widely agreed upon stance that he greatly overpaid for the social media platform. However, the amount in which he overpaid seems to be …

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