The star tweeted about the new update

A tweet from Kylie Jenner seems to have wiped over a billion dollars off the value of the company that owns Snapchat.

The reality star tweeted yesterday "does anyone else not open Snapchat anymore?".

It's after the hugely popular app underwent a major redesign which has resulted in over 1 million signatures on a petition to remove the update.

Shortly after her tweet shares in the platform's parent company Snap fell by over 7 per cent.

Kylie tried to make up for it later.