{"id":269179,"date":"2024-01-02T11:53:55","date_gmt":"2024-01-02T16:53:55","guid":{"rendered":"https:\/\/sftarticles.wpenginepowered.com\/es\/?p=323207"},"modified":"2025-07-01T17:17:52","modified_gmt":"2025-07-02T00:17:52","slug":"twitter-is-worth-less-than-ever-and-the-blame-is-on-elon-musk-a-71-drop-in-the-stock-market","status":"publish","type":"post","link":"https:\/\/cms-articles.softonic.io\/en\/twitter-is-worth-less-than-ever-and-the-blame-is-on-elon-musk-a-71-drop-in-the-stock-market\/","title":{"rendered":"Elon Musk has lost $32 billion dollars &#8211; can you guess why?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">When Elon Musk bought Twitter, many celebrated it. It was a company that offered losses every year and some investors wanted a charismatic and daring leader. <a href=\"https:\/\/en.softonic.com\/articles\/elon-musk-has-made-twitter-worth-half-in-just-one-year-as-ceo-headed-to-stardom\" target=\"_blank\" rel=\"noopener\" title=\"Unfortunately, Elon Musk has turned out to be the worst possible owner.\">Unfortunately, Elon Musk has turned out to be the worst possible owner.<\/a><\/p>\n\n\n<div class=\"sc-card-program\">\r\n  <div class=\"sc-card-program__body\">\r\n    <div class=\"sc-card-program__row clearfix\">\r\n      <div class=\"sc-card-program__col-logo\">\r\n        <img decoding=\"async\" class=\"sc-card-program__img\" alt=\"X (Twitter)\" src=\"https:\/\/images.sftcdn.net\/images\/t_app-icon-s\/p\/dc4321da-9b2e-11e6-b8c8-00163ed833e7\/3239095803\/twitter-logo\" width=\"100px\" height=\"100px\">\r\n      <\/div>\r\n      <div class=\"sc-card-program__col-title\">\r\n        <span class=\"sc-card-program__title\">X (Twitter)<\/span>\r\n        <a class=\"sc-card-program__button sc-card-program-internal\" href=\"https:\/\/twitter.en.softonic.com\/android\" target=\"_self\" rel=\"noopener noreferrer\">DOWNLOAD<\/a>\r\n      <\/div>\r\n      <div class=\"sc-card-program__col-rating\">\r\n        <svg class=\"rating-score__content\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" version=\"1.1\" x=\"0\" y=\"0\" viewbox=\"0 0 50 50\" enable-background=\"new 0 0 50 50\" xml:space=\"preserve\"><path class=\"rating-score__background rating-score--good\" fill=\"none\" stroke-width=\"6\" stroke-miterlimit=\"10\" d=\"M40 40c8.3-8.3 8.3-21.7 0-30s-21.7-8.3-30 0 -8.3 21.7 0 30\"><\/path><path class=\"rating-score__value rating-score__value--0\" fill=\"none\" stroke-width=\"6\" stroke-dashoffset=\"0\" stroke-miterlimit=\"10\" d=\"M40 40c8.3-8.3 8.3-21.7 0-30s-21.7-8.3-30 0 -8.3 21.7 0 30\"><\/path><text class=\"rating-score__number\" content=\"\" text-anchor=\"middle\" transform=\"matrix(1 0 0 1 25 31.0837)\" data-auto=\"app-user-score\"><\/text><\/svg>\r\n      <\/div>\r\n    <\/div>\r\n    <div class=\"sc-card-program__row\">\r\n      <span class=\"sc-card-program__description\"><\/span>\r\n    <\/div>\r\n    <div class=\"sc-card-program__row\">\r\n      <img decoding=\"async\" class=\"sc-card-program__bigpic\" src=\"\" onerror=\"this.style.display='none'\">\r\n    <\/div>\r\n    <a class=\"sc-card-program__link track-link sc-card-program-internal\" href=\"https:\/\/twitter.en.softonic.com\/android\" target=\"_self\" rel=\"noopener noreferrer\"><\/a>\r\n  <\/div>\r\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Problematic, bully, disrespectful, irrational, etc. <strong>Elon Musk&#8217;s attitude at the helm of Twitter can be summed up in one word: chaos<\/strong>. <a href=\"https:\/\/en.softonic.com\/articles\/elon-musk-announces-his-replacement-linda-yaccarino-as-the-new-ceo-of-twitter\" target=\"_blank\" rel=\"noopener\" title=\"This made him trust someone else to act as CEO of the company a few months ago\">This made him trust someone else to act as CEO of the company a few months ago<\/a>, but the decisions are still up to the owner of Tesla and SpaceX.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since its arrival, Twitter has not stopped devaluing in the markets. <a href=\"https:\/\/en.softonic.com\/articles\/elon-musk-has-made-twitter-worth-half-in-just-one-year-as-ceo-headed-to-stardom\" target=\"_blank\" rel=\"noopener\" title=\"And if a few months ago it was worth half of what it cost at the time\">And if a few months ago it was worth half of what it cost at the time<\/a> (it paid 44 billion for the company), <strong>now it is not even worth 30% of its price in 2022.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Value of X has fallen 71% since purchase by Musk and name change from Twitter <a href=\"https:\/\/t.co\/Dk1fCIa0jx\">https:\/\/t.co\/Dk1fCIa0jx<\/a><\/p>&mdash; Guardian Tech (@guardiantech) <a href=\"https:\/\/twitter.com\/guardiantech\/status\/1742194309267693714?ref_src=twsrc%5Etfw\">January 2, 2024<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">A 71% drop in the stock market in just one year<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Fidelity, which holds a stake in X Holdings (Twitter&#8217;s parent company), said in a disclosure obtained by <a href=\"https:\/\/www.axios.com\/2023\/12\/31\/elon-musks-x-fidelity-valuation-cut?utm_campaign=editorial&amp;utm_medium=social&amp;utm_source=facebook\" target=\"_blank\" rel=\"noopener nofollow\" title=\"Axios\">Axios<\/a> that <strong>it had marked down the value of its shares by 71.5% since the purchase from Musk.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Musk acquired Twitter for $44 billion in October 2022 and <a href=\"https:\/\/en.softonic.com\/articles\/end-era-twitter-inc-now-is-x-corp\" target=\"_blank\" rel=\"noopener\" title=\"renamed the platform as X in July 2023\">renamed the platform as X in July 2023<\/a>.<strong> Fidelity&#8217;s estimate would place the value of X at around $12.5 billion.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In its revealing data, <strong>the monthly number of X users dropped by 15% in the first year since Musk&#8217;s acquisition,<\/strong> amid concerns about the increase in hate speech on the platform.<\/p>\n\n\n<div class=\"sc-card-program\">\r\n  <div class=\"sc-card-program__body\">\r\n    <div class=\"sc-card-program__row clearfix\">\r\n      <div class=\"sc-card-program__col-logo\">\r\n        <img decoding=\"async\" class=\"sc-card-program__img\" alt=\"X (Twitter)\" src=\"https:\/\/images.sftcdn.net\/images\/t_app-icon-s\/p\/dc4321da-9b2e-11e6-b8c8-00163ed833e7\/3239095803\/twitter-logo\" width=\"100px\" height=\"100px\">\r\n      <\/div>\r\n      <div class=\"sc-card-program__col-title\">\r\n        <span class=\"sc-card-program__title\">X (Twitter)<\/span>\r\n        <a class=\"sc-card-program__button sc-card-program-internal\" href=\"https:\/\/twitter.en.softonic.com\/android\" target=\"_self\" rel=\"noopener noreferrer\">DOWNLOAD<\/a>\r\n      <\/div>\r\n      <div class=\"sc-card-program__col-rating\">\r\n        <svg class=\"rating-score__content\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" version=\"1.1\" x=\"0\" y=\"0\" viewbox=\"0 0 50 50\" enable-background=\"new 0 0 50 50\" xml:space=\"preserve\"><path class=\"rating-score__background rating-score--good\" fill=\"none\" stroke-width=\"6\" stroke-miterlimit=\"10\" d=\"M40 40c8.3-8.3 8.3-21.7 0-30s-21.7-8.3-30 0 -8.3 21.7 0 30\"><\/path><path class=\"rating-score__value rating-score__value--0\" fill=\"none\" stroke-width=\"6\" stroke-dashoffset=\"0\" stroke-miterlimit=\"10\" d=\"M40 40c8.3-8.3 8.3-21.7 0-30s-21.7-8.3-30 0 -8.3 21.7 0 30\"><\/path><text class=\"rating-score__number\" content=\"\" text-anchor=\"middle\" transform=\"matrix(1 0 0 1 25 31.0837)\" data-auto=\"app-user-score\"><\/text><\/svg>\r\n      <\/div>\r\n    <\/div>\r\n    <div class=\"sc-card-program__row\">\r\n      <span class=\"sc-card-program__description\"><\/span>\r\n    <\/div>\r\n    <div class=\"sc-card-program__row\">\r\n      <img decoding=\"async\" class=\"sc-card-program__bigpic\" src=\"\" onerror=\"this.style.display='none'\">\r\n    <\/div>\r\n    <a class=\"sc-card-program__link track-link sc-card-program-internal\" href=\"https:\/\/twitter.en.softonic.com\/android\" target=\"_self\" rel=\"noopener noreferrer\"><\/a>\r\n  <\/div>\r\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Since the acquisition by Musk, <strong>X has cut at least 50% of its workforce and reduced moderation.<\/strong> And in September, the European Union issued a warning to Musk after discovering that <a href=\"https:\/\/en.softonic.com\/articles\/the-last-enemy-of-elon-musk-twitter-is-the-european-union-nobody-disinforms-as-much-as-x\" target=\"_blank\" rel=\"noopener\" title=\"X was the biggest disinformation platform among all major social networks.\">X was the biggest disinformation platform among all major social networks.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The revised valuation of X by Fidelity came from a disclosure that extended until late November 2023<\/strong>, Axios reported.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That revelation would cover <strong>the consequences of several major companies withdrawing their advertising on X after <\/strong>Musk supported an anti-Semitic conspiracy theory. Musk responded to the boycott by telling the companies <a href=\"https:\/\/en.softonic.com\/articles\/elon-musk-loses-the-papers-in-an-interview-that-he-j\" target=\"_blank\" rel=\"noopener\" title=\"&quot;que se jodan&quot; during an interview at an event in New York.\">&#8220;to fuck off&#8221; during an interview at an event in New York.<\/a><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Elon Musk telling advertisers to \u201cgo fuck yourself.\u201d He then says advertisers boycotting the platform could kill X (Twitter). I\u2019m sure telling them to fuck off will help <a href=\"https:\/\/t.co\/bbqLI0CnWD\">pic.twitter.com\/bbqLI0CnWD<\/a><\/p>&mdash; Tom Warren (@tomwarren) <a href=\"https:\/\/twitter.com\/tomwarren\/status\/1730037514054844802?ref_src=twsrc%5Etfw\">November 30, 2023<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Elon Musk is the richest man in the world, according to Forbes, with a net worth of $251 billion<\/strong>. When he acquired Twitter, Musk said he was buying the company &#8220;to try to help humanity.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since its acquisition, <strong>Elon Musk has reinstated several people to the platform whom he had previously banned<\/strong>, including former President Donald Trump and right-wing conspiracy theorist Alex Jones.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Elon Musk&#8217;s drift, without clear ideas and with measures that users do not approve, <strong>is costing the life of the social network that amazed the world during the last decade.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk is the richest man in the world, according to Forbes, with a net worth of $251 billion. When he acquired Twitter, he said&#8230;<\/p>\n","protected":false},"author":9265,"featured_media":269181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","wpcf-pageviews":1},"categories":[1015],"tags":[2358,1415],"usertag":[],"vertical":[],"content-category":[],"class_list":["post-269179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-app-subdomain-redirectiontwitter","tag-twitter"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/269179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/users\/9265"}],"replies":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/comments?post=269179"}],"version-history":[{"count":1,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/269179\/revisions"}],"predecessor-version":[{"id":315438,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/269179\/revisions\/315438"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/media\/269181"}],"wp:attachment":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/media?parent=269179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/categories?post=269179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/tags?post=269179"},{"taxonomy":"usertag","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/usertag?post=269179"},{"taxonomy":"vertical","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/vertical?post=269179"},{"taxonomy":"content-category","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/content-category?post=269179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}