As reported by Biji.com, Meta's metaverse initiative, launched under Mark Zuckerberg's vision in 2021, has reportedly lost $45 billion by early 2025. According to internal sources, the losses have grown significantly year over year, reaching $16 billion in 2023 and $3.8 billion in Q1 2024 alone. The project has been described as a financial black hole, with internal chaos, inexperienced leadership, and unclear strategy cited as key reasons for the failure. Despite the setbacks, governments in China have continued to support metaverse development through policy frameworks, and some experts argue that the metaverse could still form the foundation of the next-generation internet.
Meta's Metaverse Project Loses $45 Billion Over Four Years
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