On midday Wednesday, the company's market value fell to just $60 million.
, but it's nonetheless stunning to see the complete collapse of what was once a $47 billion behemoth.
Even when WeWork agreed to go public two years ago, long after its SoftBank-backed heyday, the co-working space operator was still valued at around $9 billion.By the numbers:Behind the scenes: WeWork failed to make required interest payments to bondholders on Oct. 2. It then negotiated a 30-day grace period, to let it "take steps to rationalize its real estate footprint," before receiving yet another extension that lasts through next Monday."As of June, WeWork maintained 777 locations across 39 countries, including 229 locations in the U.S., according to securities filings.
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