Twitter Down 33 Percent under Elon Musk
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.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.