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realcaseyrollins@thelemmy.club to Business@lemmy.worldEnglish · 7 months ago

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

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

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realcaseyrollins@thelemmy.club to Business@lemmy.worldEnglish · 7 months ago
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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.
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