![](https://ruscrime.com/wp-content/uploads/2023/10/1698752212_701_Social-network-X-has-fallen-in-price-by-55-since.jpg)
Twitter (now social network X) since its purchase by an American businessman Elon Muscom fell in price by 55%.
The industry publication The Verge writes about this with reference to internal documents of the company.
If Musk bought Twitter for $44 billion, then now price X is valued at $19 billion (or $45 per share).
Let us remind you that, according to media reports, Elon Musk is going to transform the social network X (formerly Twitter) into a dating site and even a digital bank.
Source