Adam Neumann says a half-hour car ride with Masayoshi Son is when his ego took over—and WeWork’s $47 billion collapse began

What happened

Key facts

• The WeWork cofounder told Steven Bartlett that by the time he walked back into headquarters after SoftBank's multibillion-dollar offer, "I forgot what we were all about."…
• Reported by Fortune and published Mon, 05 Oct 2026 09:02:00 UTC.

Why it matters

Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.

What to watch next

• Revisions to the initial figures once fuller data is released
• How rate expectations and index futures respond
• Guidance or commentary from the companies and policymakers involved

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

1. 05:00 UTC · The Guardian

   ‘I didn’t know what to do’: collapse of providers of high-end digs leaves students in shock

2. 09:02 UTC · Fortune

   Adam Neumann says a half-hour car ride with Masayoshi Son is when his ego took over—and WeWork’s $47 billion collapse began

Related WorldPing coverage

WorldPing

The Guardian•

‘I didn’t know what to do’: collapse of providers of high-end digs leaves students in shock

Cost of living crisis and drop in international students hits market for purpose-built accommodation “It was dead in the middle of summer, it was a shock,” says Nathalie Sriwiboonrattan.

Brief by WorldPing · Original reporting by The Guardian