X now worth 71% less than when Musk bought it, Fidelity estimates
X, formerly known as Twitter, has seen its value fall by a staggering 71% since Elon Musk’s acquisition in late 2022. Fidelity, a leading investment group, evaluated on Monday (January 1), marking the second instance of X’s devaluation in 2023, as reported by Axios. Musk had initially acquired the social media giant for $44 billion. […]
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