Fidelity: Elon Musk’s X/Twitter Lost 71.5% of $44 Billion Value Since Acquisition

Elon Musk’s X, formerly known as Twitter, is now valued at only $12.54 billion just 14 months after the Tesla tycoon acquired the social media platform for $44 billion, according to numbers released by Fidelity Investments. The financial investment corporation has again reported a mark-down in the value of its shares in X, which they […]

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