WeWork commanded a $47 billion valuation at its peak. It's crashed over 99% since then - and could now file for bankruptcy, reports say

• WeWork is planning to file for bankruptcy, according to multiple reports.
• The commercial real-estate start-up achieved a $47 billion valuation in 2019, after receiving investment from SoftBank.
• But its shares have cratered 99% since it made its stock-market debut in March 2021.

WeWork could be planning to file for bankruptcy – the latest sad twist in a nightmarish run for the commercial real-estate startup since it made its stock-market debut back in March 2021.