Musk’s Role as ‘Chief Twit’ Knocks $10 Billion From Fortune

Musk’s Role as ‘Chief Twit’ Knocks $10 Billion From Fortune

In the hours before finalizing his $44 billion acquisition of Twitter Inc.

Elon Musk said he bought the social-media platform to help humanity

Musk announced he would buy the company, his offer looks very expensive

Other peers have fared even worse. Shares of Meta Platforms Inc. 

Other peers have fared even worse. Shares of Meta Platforms Inc. 

Musk spent several months trying to undo the Twitter bid.

Musk spent several months trying to undo the Twitter bid.

Musk ultimately agreed to proceed at the original offer price.

$10 billion hit to Musk’s fortune brings his total losses this year to $66 billion, according to Bloomberg wealth index.