Fidelity has cut X's value by 79% since Musk purchase

techcrunch.com

177

Fidelity has cut X's value by 79% since Musk purchase

techcrunch.com

BrikoX@lemmy.zipM to

Technology@lemmy.zipEnglish · 2 months ago

Fidelity has cut its estimate of X's value by 79% since Musk's purchase | TechCrunch

techcrunch.com

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 Elon Musk's X is now valued at less than a quarter of its $44 billion purchase price, according to Fidelity.

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.

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Clent@lemmy.world
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2 months ago
79% is closer to 1/5, it’s down to 9.24 billion.
- Phen@lemmy.eco.br
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  2 months ago
  9.4 billion is the value mentioned on the article. 78.7% devaluation.

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