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

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 …

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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: X Is Worth Nearly 80% Less Than When Elon Musk Bought It

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Oct 2, 2024 · 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 …

abc12.com

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Twitter News: Value Drops By 80% Since Musk Buy | CTV News

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Published Oct. 3, 2024 8:31 a.m. PDT. Share. NEW YORK CITY -. The social media platform formerly known as Twitter is worth almost 80 per cent less than two years ago when Elon …

ctvnews.ca

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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 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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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 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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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 …

morningstar.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 · Elon Musk’s X is worth nearly 80% less than what he paid for the social platform, previously known as Twitter, when he bought it two years ago, according to new estimates …

yahoo.com

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X Now Worth 71% Less Than When Musk Bought It, Fidelity Estimates

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Jan 1, 2024 · FOX Business Flash top headlines for January 1. X, the platform formerly known as Twitter, is worth 71% less now than it was when Elon Musk bought it in late 2022, according to …

foxbusiness.com

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

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

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Oct 2, 2024 · Fidelity estimates that Elon Musk's X, formerly known as Twitter, is worth nearly 80% less than the $44 billion paid in 2022, valuing it at $9.4 billion.; Fidelity has lowered its …

ground.news

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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 …

crossroadstoday.com

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How Elon Musk Uses His Social Media Platform To Boost Trump : NPR

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Oct 25, 2024 · X's financial outlook: Value down nearly 80%. When Musk bought Twitter, he loaded the company up with $13 billion in debt — loans extended by a collection of banks …

npr.org

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Elon Musk’s X Is Worth Nearly 80 Percent Less Than When He …

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Oct 2, 2024 · And it represents a staggering decline of 79 percent from the $19.66 million that Fidelity estimated the shares were worth in October 2022 when Musk acquired Twitter. The …

egyptindependent.com

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

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. ...

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 take over X?

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

How much did fidelity invest in X?

Fidelity marked down the value of X by nearly 80% (exactly 78.7%) in its Blue Chip Growth Fund annual report, filed Saturday. The filing showed that Fidelity's initial investment of $19.66 million in X just before Musk took over was worth $5.5 million as of July 31. The Blue Chip fund invests in established companies and aims for long-term growth. ...

How much is fidelity X worth?

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. Analysts say Fidelity’s plunging price tag for X likely reflects shrinking ad revenue at the company, which no longer publicly releases quarterly financial metrics. ...