:quality(85):upscale()/2024/09/19/895/n/1922283/e654c37d66ec89a3911ce6.42966442_.png)
:quality(85):upscale()/2024/09/04/734/n/1922283/9b8f37ec66d88cf7b7e084.15655484_.jpg)
:quality(85):upscale()/2024/09/09/785/n/1922283/901e710666df358b373de2.40207443_.jpg)
:quality(85):upscale()/2024/05/13/084/n/1922283/71e01be26642b7fd230a25.26999836_.jpg)
:quality(85):upscale()/2024/06/06/833/n/1922283/5ddec54e6662075ad1bd67.54716367_.jpg)
Fidelity has cut X’s value by 79% since Musk purchase
Elon Musk’s X is now valued at less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity. The asset manager, which helped Musk acquire the social network formerly known as Twitter, has further reduced the value of its holding in X to a total markdown of 78.7% […] © 2024 TechCrunch. All rights reserved. For personal use only.
Elon Musk’s X is now valued at less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity. The asset manager, which helped Musk acquire the social network formerly known as Twitter, has further reduced the value of its holding in X to a total markdown of 78.7% […]
© 2024 TechCrunch. All rights reserved. For personal use only.
What's Your Reaction?
