Twitter's Tumbling Troubles: Company Loses over Two-Thirds of Value Since Musk Takeover

Fidelity values Twitter at $6.55 billion, significantly less than the $20 billion they valued it at in October and a fraction of the $44 billion Musk paid.
Musk acknowledged overpaying for Twitter and has made poor decisions reducing advertising revenue.
Musk tried finding new revenue sources like Twitter Blue but gained little success.
Running Twitter has been “quite painful” for Musk though he says it could become profitable this quarter.
It’s unclear how Fidelity calculated Twitter’s worth but as a public company must update investors.