Elon Musk's Twitter Value Drops 56% Since Purchase, Losing $70M/Day, Now Valued at $19B

Since Elon Musk purchased Twitter, its value has dropped 56 percent, losing more money in the past month than the entire value of Delta Airlines, eBay, Zoom, and Snapchat. The company's valuation is now at $19 billion, down 55 percent from the $44 billion Musk paid to acquire it a year ago. Twitter has been losing nearly $70 million per day in value since Musk took over.