Twitter, Facebook: $51 Billion Combined Market Value Erased Since Trump Ban

Social media giants Facebook and Twitter have collectively seen $51.2 billion in combined market value wiped out over the last two trading sessions.
Twitter, Facebook: $51 Billion Combined Market Value Erased Since Trump Ban
A combined image showing Facebook CEO Mark Zuckerberg (L) and Twitter CEO Jack Dorsey testifying remotely before Congress on Oct. 28, 2020. Michael Reynolds/Pool/AFP via Getty Images
Isabel van Brugen
Updated:
Social media giants Facebook and Twitter have collectively seen $51.2 billion in combined market value wiped out over the last two trading sessions since they banned President Donald Trump from their platforms following the U.S. Capitol breach.

Large tech firms and a number of Democratic political figures have claimed Trump incited violence at the U.S. Capitol on Jan. 6. The incident disrupted debates in both the House and Senate as lawmakers were forced to shelter in place while police and security attempted to regain control.

Isabel van Brugen
Isabel van Brugen
Reporter
Isabel van Brugen is an award-winning journalist. She holds a master's in newspaper journalism from City, University of London.
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