Video: Declassified (Jan. 14): Twitter, Facebook: $51 Billion Combined Market Value Erased Since Trump Ban

January 15, 2021 Updated: January 15, 2021

Social media giants Facebook and Twitter have collectively seen $51.2 billion in combined market value wiped out over the last two trading sessions. That was 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 last week. The incident disrupted debates in both the House and Senate as lawmakers were forced to shelter in place while police and security attempted to seize back control.

Trump took to Twitter following the outbreak of violence to call on protesters to “go home in peace.” He denounced the violence as a “heinous attack” that “defiled the seat of American democracy”. It’s still unclear who instigated the breach of the building. We’ll explore this and more in today’s episode.

Declassified is an Epoch Times show hosted by Gina Shakespeare. Available on YouTube and the Epoch Times website, it brings you news and analysis on some of America’s most significant political issues.

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