Fidelity has cut X’s value by 79% since Musk purchase
September 30, 2024 at 15:21 PM EDT
Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity. The asset manager’s Blue Chip Growth Fund now values its stake in X, formerly known as Twitter, at approximately $4.19 million, based on newly released disclosures … Source
