Elon Musk's X worth 71.5% less than it was in 2022, Fidelity says

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 …


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Elon Musk's X Worth 71.5% Less Than It Was In 2022, Fidelity Says

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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 …

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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  · New York CNN —. 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 …

cnn.com

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Fidelity Values X Nearly 80% Less Than When Musk Bought It

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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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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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Fidelity Believes Its Stake In X, Formerly Known As Twitter, Is Now ...

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Jan 2, 2024  · That means Fidelity now believes its X Holdings stake is worth 71.5% less than when it was purchased. The financial company had made previous cuts to that valuation, more …

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Elon Musk’s X Is Worth 71% Less Than He Bought It For, Says Fidelity

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Jan 2, 2024  · A mutual fund that helped Elon Musk buy X now says the platform is worth 71.5% less than the $44 billion it was purchased for in 2022, according to Axios Sunday. Fidelity cut …

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Elon Musk's X Worth 71.5% Less Than When He Bought Twitter, …

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Jan 3, 2024  · A recent analysis from Fidelity, one of the shareholders of Musk's X Holdings, revealed that the company had lost 71.5 percent of its value since Musk purchased the social …

msn.com

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Fidelity Fund Again Trims Elon Musk’s X Valuation

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Jan 2, 2024  · Investment giant Fidelity believes its shares of X, the platform formerly known as Twitter, are worth 71.5% less than when Musk first purchased the social media company in …

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Fidelity Believes Its Stake In X, Formerly Known As Twitter, Is Now ...

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Fidelity Blue Chip Growth Fund had valued its stake at nearly $20 million in October 2022, when Musk bought what is now known as X Holdings. But according to a November filing released …

msn.com

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Elon Musk's X Gets Another Valuation Cut By Fidelity - Axios

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Mar 1, 2024  · Fidelity marked down the value of its shares in Elon Musk's X Holdings by 10.2% in January, per a new disclosure. The big picture: This resumes a trend that took a brief respite …

axios.com

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X / Twitter Is Now Worth 70% Less Than What Elon Musk Paid For It, …

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Jan 2, 2024  · Fidelity's latest Blue Chip Growth Fund update shows it now believes Musk's company is worth 71.5% less than the $44 billion it was worth at the time of purchase. …

techspot.com

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X Is Worth 71.5% Less Than When Elon Musk Bought It - PCMag

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Jan 2, 2024  · That's resulted in a significant financial spiral, according to Fidelity Investments, which now estimates that X is worth 71.5% less than its original purchase price. The figure …

pcmag.com

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Fidelity Values Elon Musk’s X At $9 Billion—Almost A Fifth ... - Forbes

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

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Published October 2, 2024 2:00 AM. By Matt Egan, CNN. New York (CNN) — The social media platform formerly known as Twitter is worth almost 80% less than two years ago when Elon …

ktvz.com

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X Is Worth 71.5% Less Than When Elon Musk Bought It - PCMag UK

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Jan 2, 2024  · X Is Worth 71.5% Less Than When Elon Musk Bought It ... in May 2022, Fidelity is among 19 investors that contributed $7 billion toward Musk's $44 billion purchase price. …

pcmag.com

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Elon Musk's X Faces Valuation Cut By Fidelity - Yahoo Finance

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Jan 2, 2024  · Fidelity estimates Elon Musk's social media company X, formerly Twitter, is now worth 71.5% less than it was when the billionaire acquired the company. Musk bought X for …

yahoo.com

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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.

whdh.com

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

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2 days ago  · Tesla CEO Elon Musk is the richest person in the world as of November 2024, with an estimated net work of more than $300 billion, according to Forbes and Bloomberg.; The …

investopedia.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. ... with Oracle’s 10% increase lifting his net worth …

nbcnews.com

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What Is Elon Musk's Net Worth And Where Does It Come From?

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Musk started 2020 with an estimated net worth of just under $30 billion and was worth around $170 billion just a year later – a more than five-fold increase in just a year.

businessinsider.com

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Tesla Stock Rises Another 9%: Elon Musk $50 Billion Richer

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3 days ago  · Elon Musk Now $50 Billion Richer Post-Election As Tesla Stock Up Another 9% ... ending trading at its highest share price since April 2022. ... Musk’s net worth is up about $54 …

forbes.com

FAQs about Elon Musk's X worth 71.5% less than it was in 2022, Fidelity says 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 fidelity buy Elon Musk's social media platform?

By Barbara Kollmeyer Fidelity has again marked down its stake in Elon Musk's social media platform, formerly known as Twitter though now called X, which the money manager helped him purchase for $44 billion. Fidelity Blue Chip Growth Fund had valued its stake at nearly $20 million in October 2022, when Musk bought what is now known as X Holdings. ...

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 fidelity increase Elon Musk's X Holdings' carrying value?

Fidelity marked down the value of its shares in Elon Musk's X Holdings by 10.2% in January, per a new disclosure. The big picture: This resumes a trend that took a brief respite in December, when Fidelity had actually increased X's carrying value. ...

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. ...

How much was X worth in 2023?

In October 2023, Fidelity valued X at $19 billion. The site is now valued at $9.4 billion, according to Fidelity. 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 Fidelity. ...

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