Ever since Elon Musk acquired Twitter for $44 billion last year,nudist eroticism erotic stories 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 widening post-acquisition.
According to Fidelity, Twitter is now worth around 33 percent what the billionaire originally paid for it. That puts Twitter's value at roughly $15 billion. The number comes from the investment firm's own valuation of its own stake in Musk's Twitter, which Fidelity helped finance.
Twitter's valuation from Fidelity follows a pattern since Musk took over in October of last year. Fidelity has consistently downgraded its own holdings in the company, knocking the value of its stake by 56 percentjust a month after the acquisition closed. By the end of February, Fidelity further downgraded its stake by more than 63 percentbefore knocking it down by a full two-thirds this month.
Despite Musk's recent claims about Twitter soon breaking even or even becoming profitable, the company's outlook has not been particularly good. Twitter lost around half of its biggest advertisers when Musk took over. Many still had not returned by earlier this year and those who had continued to advertise on the platform were spending a significant amount less.
Musk turned to subscription-based revenue models like Twitter Blue and Subscriptions to make up for those losses, but even those have proven to be unsuccessful.
Twitter Blueis an $8 per month subscription service that gives premium features, such as longer tweets and videos as well as the once-coveted blue checkmark badge, to paying users. Based on the latest datafrom researcher Travis Brown, far less than 1 percent of Twitter's entire monthly active user base has subscribed to Twitter Blue.
Twitter's other subscription product, known as Subscriptions, allows users to pay a monthly fee directly to a specific Twitter user in order to access exclusive paywalled tweets and other content. Musk himself leakedthat he had around 25,000 subscribers last month or only 0.018 percent of the roughly 136.4 million followers he had at the time.
Musk has since announced that Linda Yaccarino, a former ad executive with NBCUniversal, would be coming on board to replace Musk as CEO. This move was ostensibly made to help turn the tideregarding Twitter's issues with advertisers. However, Musk has made it clear that he will stay on board at Twitter regardless. It will be interesting to see what direction Twitter's valuation moves in the coming months.
Topics Social Media X/Twitter Elon Musk
USA vs. Haiti 2025 livestream: Watch Concacaf Gold Cup for free
12 best TV shows for adults on Disney+
'Wordle' today: Get the answer, hints for June 27
Instagram has been blocking posts that mention abortion
Mexico vs. Costa Rica 2025 livestream: Watch Concacaf Gold Cup for free
FCC approves Starlink use in moving vehicles
The 'falling stars' challenge is the latest way rich kids are flaunting their wealth
This losing lottery ticket is the most painful thing ever
VidCon 2025 highlights: Updates on Rhett & Link, Haliey Welch, Aphmau, and more
Papa from Johny Johny Yes Papa has been replaced by a younger, hotter Papa
Today's Hurdle hints and answers for June 21, 2025
How to support reproductive rights in the U.S. from outside the U.S.
Some good news: Doughnut the 28
Trump's indefensible response to the synagogue shooting draws outrage
British and Irish Lions vs. Argentina 2025 livestream: Watch Lions Tour for free
5 interactive and state
Man loses data for entire city's population after night out drinking
Creepy anglerfish jack
Best Apple deal: Apple AirPods 4 for under $100 at Amazon
Trump's indefensible response to the synagogue shooting draws outrage
Rubbish Collector; Barman by Chris FlynnRubbish Collector; Barman by Chris FlynnTPR vs. NYM: Bittersweet Victory by Cody WiewandtAstrology dating app NUiT has a feature queer users loveWhat Elon Musk and Tucker Carlson have in commonChris D'Elia and the rise of Twitter as a platform to call out sexual predatorsBeyoncé shares open letter calling for charges in Breonna Taylor caseBeach Towel Contest: We Have a Winner! by Sadie SteinSinging Cowgirl; Cigarette Boy by Chris FlynnWriting Jobs; Literary Style Icons by Sadie SteinAdaptation; Fall Reading by Lorin Stein'Wordle' today: Here's the answer, hints for April 27To Bricktop, on Her Belated Birthday by Patrick MonahanDonald Trump's bizarre walk down a ramp is a big thing now: #RampGate21 of the best and worst celebrity homes, as seen on Zoom callsTPR vs. NYM: Bittersweet Victory by Cody WiewandtPaying for porn should be the postCats, Dogs, Men, Women, Ninnies & Clowns by Roz Chast'The Legend of Zelda: Tears of the Kingdom' handsNew Beats Studio Buds+ earbuds will come in new, transparent color Meta’s Llama has memorized huge portions of Harry Potter Curacao vs. El Salvador 2025 livestream: Watch Concacaf Gold Cup for free The Best Portable Apps for Your Software Toolbox 27 Years of Tomb Raider & Lara Croft NYT Connections Sports Edition hints and answers for June 17: Tips to solve Connections #266 Best MacBook deal: Save $150 on 2025 Apple MacBook Air Audible Premium Plus Prime Day deal: Get 3 months for free The GPU Market Finally Gives In, Nvidia Prices Drop Wordle today: The answer and hints for June 17, 2025 What Ever Happened to GameSpy? Call of Duty: Warzone 2.0 CPU and GPU Benchmark Will GPUs Ever Get Cheaper? GPU Pricing Update 50 Years of Video Games How We Test: CPU Benchmarks, Misconceptions Explained Then and Now: How 30 Years of Progress Have Changed PCs Going From 20 to 40: A Graphics Card Upgrade Tale Going Ergonomic: How to Make Your Computing Life Better 21+ Programs to Analyze and Benchmark Your Hardware Canada vs. Honduras 2025 livestream: Watch Concacaf Gold Cup for free Why Are Modern PC Games Using So Much VRAM?
3.4805s , 8287.8984375 kb
Copyright © 2025 Powered by 【nudist eroticism erotic stories】,Charm Information Network