Elon Musk’s X is worth nearly 80% less than when he bought it

Oct 2, 2024 · The new valuation from Fidelity implies that it believes X is now worth just $9.4 billion — a far cry from the $44 billion that Musk paid. Other investors could value X differently.

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Elon Musk’s X Is Worth Nearly 80% Less Than When He Bought It

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Oct 2, 2024 · The new valuation from Fidelity implies that it believes X is now worth just $9.4 billion — a far cry from the $44 billion that Musk paid. Other investors could value X differently.

cnn.com

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Elon Musk’s X Now Worth Only $9 Billion, Investor Concludes

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Oct 2, 2024 · X, a social media platform owned by billionaire Elon Musk, could now be worth less than a quarter of its mind-boggling $44 billion purchase price, a new estimate from investment …

cybernews.com

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Musk’s $44 Billion Twitter Now Valued At Just $9.4b As X.

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Sep 30, 2024 · The entire story of Twitter / X under Elon Musk. See all 670 stories. Posted Sep 30, 2024 . At 7:55 AM UTC. T. Thomas Ricker. Musk’s $44 billion Twitter now valued at just …

theverge.com

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Elon Musk’s X Is Now Worth Around A Fifth Of The $44 Billion He …

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Sep 30, 2024 · Topline. Elon Musk’s X is worth a little more than one-fifth of the $44 billion he paid to acquire the social media platform formerly known as Twitter, according to Fidelity, the …

forbes.com

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Here's How Much Elon Musk's X Is Worth Now Compared To …

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Sep 30, 2024 · X, the social media site formerly known as Twitter that Elon Musk bought in October 2022 for $44 billion, is now worth $9.4 billion, according to new estimates from …

entrepreneur.com

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X Is Now Worth Less Than 25% Of What Elon Musk Paid For It

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Sep 30, 2024 · When Musk bought Twitter, Fidelity invested $19.66 million. As of the end of July, it says, those shares were worth just $5.5 million. That puts the total valuation of X at $9.4 …

fortune.com

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Elon Musk’s X Worth 79% Less Than When He Bought It - Yahoo …

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Oct 2, 2024 · The platform formerly known as Twitter is now valued at $9.4 billion, two years after Musk paid $44 billion The post Elon Musk’s X Worth 79% Less Than When He Bought It …

yahoo.com

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X Value Down 80% Since Elon Musk's Twitter Takeover: Fidelity Report

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Oct 2, 2024 · That's 79% less than the fund's estimate of its shares in October 2022 when Elon Musk took over Twitter, which were valued at $19.66 million. Applying the shares' relative …

usatoday.com

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Elon Musk’s X Worth 79% Less Than When He Bought It - The Wrap

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Oct 2, 2024 · The financial services company, in its annual Blue Chip Growth Fund report on Saturday, valued X at 78.7% less than the $44 billion he paid for the company in October …

thewrap.com

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Elon Musk’s X Worth Around A Fifth Of The $44 Billion He Paid For It

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Oct 1, 2024 · Fidelity’s stake in X is now worth about $4.19 million, an estimate that values X at $9.4 billion, according to recent disclosures from Fidelity. Fidelity’s initial $19.6 million holding …

forbes.com.au

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X Is Now Valued At $9 Billion After Elon Musk's $44 Billion

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Sep 30, 2024 · The 78.7% markdown brings the total valuation of X to roughly $9.4 billion, significantly lower than its initial worth. Musk financed the $44 billion acquisition through a …

wonderfulengineering.com

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Fidelity Has Cut Its Estimate Of X’s Value By 79% Since Musk’s …

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Sep 29, 2024 · 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 …

techcrunch.com

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X Has Lost 75% Of Its Value Since Elon Musk Took Over

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Oct 1, 2024 · Fidelity’s report puts the total valuation of X at $9.4 billion (€8.48 billion). That's less than a quarter of the $44 billion (about €39.6 billion) Musk paid for it in October 2022.

euronews.com

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Elon Musk's X Worth 71.5% Less Than It Was When He Bought

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Jan 2, 2024 · X, the social media platform formerly known as Twitter, is now worth an estimated 71.5% less than it was when Elon Musk purchased the platform in Oct. 2022, according to a …

cbsnews.com

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X Said To Be Worth Less Than 29 Percent Of What Musk Paid.

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Jan 2, 2024 · Fidelity, an investor that put over $300 million into Elon Musk’s takeover of Twitter, now believes the company is worth 71.5 percent less than the $44 billion paid for it, Axios …

theverge.com

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X Valued At $19 Billion In Share Plan For Employees - The Verge

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Oct 30, 2023 · X is officially worth less than half of what Elon Musk paid for it / A year after he bought Twitter for $44 billion, Musk thinks the company is now worth $19 billion, a 55 percent …

theverge.com

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Investors In Elon Musk's X Acquisition Revealed In Court Documents

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Aug 23, 2024 · Elon Musk’s social media app, X, ... Bristol Rockets 11% As Investors Question AbbVie's $8.7 Billion 'Mistake' ... 'Only' $53,000. For over three decades, one of America's …

yahoo.com

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Elon Musk Is $70 Billion Richer Since Trump Victory Due To ... - NBC …

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3 days ago · Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president.

nbcnews.com

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Elon Musk Is Close To Breaking His $340 Billion Wealth Record As …

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2 days ago · The CEO of Tesla and SpaceX has grown $105 billion richer this year, fueled by Tesla's 41% jump. Musk's net worth briefly exceeded his 2021 peak as Tesla rose in …

yahoo.com

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Europe’s Richest Man Bernard Arnault Is Suing X Owner Elon Musk

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1 day ago · It’s a lawsuit that threatens to put Arnault on a legal collision course with X’s owner and the world’s richest man Elon Musk, whose $319 billion fortune has been soaring since the …

fortune.com

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Elon Musk Has Turned X Into A Globally Influential Media Platform …

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1 day ago · At time of writing, Musk’s net worth is estimated to have skyrocketed by around US$70 billion since the election, to a total of more than US$300 billion. Musk, and therefore X, …

theconversation.com

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Elon Musk's Wealth Skyrockets—Here's His Latest Net Worth

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2 days ago · Fidelity estimates that X is worth about $9.4 billion, according to Forbes, per disclosures released by the investment firm in September 2024. Fidelity's stake in X is now …

investopedia.com

FAQs about Elon Musk’s X is worth nearly 80% less than when he bought it Coupon?

How much is Elon Musk's X Worth now?

Here's How Much Elon Musk's X Is Worth Now Compared to When He First Bought It for $44 Billion A new Fidelity document shows how far X shares have fallen. Elon Musk bought Twitter, now X, in October 2022 for $44 billion. In October 2023, Fidelity valued X at $19 billion. The site is now valued at $9.4 billion, according to Fidelity. ...

Did Elon Musk buy Twitter?

Link Copied! Elon Musk in Krakow on January 22. The social media platform formerly known as Twitter is worth almost 80% less than two years ago when Elon Musk bought it, according to estimates from investment giant Fidelity. X no longer trades publicly after Musk shelled out $44 billion to take it private in October 2022. ...

Did Elon Musk buy social media platform X?

The value of social media platform X has plunged by over 75 per cent compared to when billionaire owner Elon Musk bought it two years ago. The information comes from a disclosure report for Fidelity’s Blue Chip Growth Fund. As of July, the fund had an equity stake in X worth $5.5 million (€4.96 million). ...

Is Elon Musk moving X out of San Francisco?

Elon Musk Is Officially Moving X Out of San Francisco: 'No Choice' In December, Fidelity disclosed that X was worth 71.5% less than when Musk acquired it, at a valuation of $12.5 billion. In October 2023, Fidelity valued X at $19 billion. ...

Did Elon Musk take over X?

According to investment giant Fidelity, estimates of its shares in X have become 80% less valuable since Elon Musk took over. ...

Did fidelity buy Elon Musk?

Fidelity was one of a number of investors who helped provide financing for Elon Musk to buy the company in October 2022, which he did for $44 billion. It started marking down the value of that investment soon after, Axios reported, though it stayed stable earlier in 2023. ...